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Exxonmobil

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Helium Shortage Could Turn Exxon Into a Quiet Chipmaker Winner
investing11 days ago

Helium Shortage Could Turn Exxon Into a Quiet Chipmaker Winner

Geopolitical shocks have knocked out roughly a third of global helium supply, driving up prices for ultra-high-purity gas essential to semiconductor manufacturing. ExxonMobil’s Shute Creek gas plant in Wyoming now stands as a major helium supplier (about 20% of global supply) with long-run reserves, giving the company a potential margin tailwind as chipmakers like TSMC, Samsung, and SK Hynix rely on helium. The upgrade in helium pricing could boost Exxon’s cash flow and dividend appeal, making it a safer play than pure helium peers. Investors are cautioned to consider a position on dips (e.g., below about $165) as the shortage unfolds.

via 24/7 Wall St.|
#dividends#exxonmobil#helium
Oil crosses $100 as energy stocks lag on war-driven surge
business27 days ago

Oil crosses $100 as energy stocks lag on war-driven surge

Oil prices jump above $100 amid the Iran conflict, but energy shares are not keeping pace, suggesting investors doubt that crude’s spike will be sustained. Major producers with Middle East exposure face near‑term earnings risks from disruption, while a prolonged Strait shutdown could boost cash flow—yet many traders remain wary of pricing in such a scenario given potential price reversals if tensions ease.

via Seeking Alpha|
#business#energy#exxonmobil
Oil Giants on Watch: Strait of Hormuz Turbulence Put Major Energy Stocks in Focus
business28 days ago

Oil Giants on Watch: Strait of Hormuz Turbulence Put Major Energy Stocks in Focus

Seeking Alpha analysts flag Shell (SHEL), TotalEnergies (TTE), BP (BP), ConocoPhillips (COP), and ExxonMobil (XOM) as having the strongest exposure to a Strait of Hormuz closure, driven by LNG and Persian Gulf oil exports; a Ras Laffan LNG facility shutdown could impact earnings for COP, XOM, SHEL, and TTE, though near‑term effects are likely modest given scale and diversification; upstream-focused companies such as COP, Occidental (OXY), EOG Resources (EOG), Devon Energy (DVN), and APA (APA) may see more earnings volatility from Gulf-region disruptions.

via Seeking Alpha|
#bp#business#energy-stocks
Texas Emerges as ExxonMobil’s New Legal Home, Moving From New Jersey
business1 month ago

Texas Emerges as ExxonMobil’s New Legal Home, Moving From New Jersey

ExxonMobil announced it plans to move its legal headquarters from New Jersey to Texas, with the board recommending shareholders vote to redomicile at the May 27 annual meeting. The move would align the company’s legal home with its operating base in the Houston area, while not changing operations or employee locations. Texas’ business-friendly reforms, including the Texas Business Court, are cited as factors, and the move places Exxon among other major firms that have redomiciled in Texas in recent years.

via The Texas Tribune|
#business#business-environment#exxonmobil
Big Oil Rally Fueled by Gulf Tensions
business1 month ago

Big Oil Rally Fueled by Gulf Tensions

Exxon Mobil, Chevron and other energy stocks rose as crude prices surged on escalating U.S., Israel and Iran tensions; analysts say off-region energy names could outperform as a hedge if the Persian Gulf is disrupted, with bellwethers like XOM and CVX likely to lead the rally until the situation clarifies and Hormuz-related risk remains in play.

via Barron's|
#business#energy-stocks#exxonmobil
Texas court lets ExxonMobil defamation suit proceed against California AG over recycling remarks
legal1 month ago

Texas court lets ExxonMobil defamation suit proceed against California AG over recycling remarks

A U.S. District Judge in the Eastern District of Texas ruled that ExxonMobil can pursue a defamation suit against California Attorney General Rob Bonta over his remarks about plastic recycling, including the claim that only 5% of plastic is recycled and that Exxon lied. The judge rejected Bonta’s official-immunity defense for a campaign email sent to Texas residents, allowing the suit to move forward against him, while dismissing the environmental groups’ claims.

via Yahoo|
#defamation#exxonmobil#legal
ExxonMobil posts 2025 earnings, record output, and hefty shareholder returns while guiding 2026 capex
business2 months ago

ExxonMobil posts 2025 earnings, record output, and hefty shareholder returns while guiding 2026 capex

ExxonMobil reported 2025 earnings of $28.8 billion (non-GAAP $30.1B excluding identified items), generated $52.0B cash flow from operations and $26.1B free cash flow, and distributed $37.2B to shareholders in 2025 (dividends $17.2B, buybacks $20B); 4Q25 earnings were $6.5B, full-year Upstream production reached a 40+ year high driven by advantaged assets, and 2026 capex is guided at $27–$29B with ongoing 2030 emissions targets.

via Exxon Mobil Corporation|
#business#buybacks#cash-flow
Trump hints Exxon ban in Venezuela after CEO calls it 'uninvestable'
world2 months ago

Trump hints Exxon ban in Venezuela after CEO calls it 'uninvestable'

Trump warned he may block ExxonMobil from investing in Venezuela after CEO Darren Woods described the country as 'uninvestable,' saying reforms to the legal framework and investment protections are needed; the moment came as the White House urged a $100 billion push for oil-industry investment and as Trump signed an executive order to shield Venezuelan oil revenues held in US accounts from creditors.

via The Guardian|
#exxonmobil#pdvsa#sanctions