Exxon Mobil Corp
Energy
Exxon Mobil Corp (XOM) Stock News
The latest XOM headlines and market coverage — 5 recent stories, updated throughout the day.
- Zacks Investment Research·Neutral
Exxon Mobil Holdings (XOM) Rises As Market Takes a Dip: Key Facts
Exxon Mobil (XOM) closed at $164.23, up 2.22%, outperforming the S&P 500's 0.48% decline. The company is expected to report strong earnings with projected EPS of $3.78 (up 101.06% YoY) and revenue of $104.88 billion (up 22.96% YoY). However, XOM holds a Zacks Rank of #3 (Hold) with a Forward P/E of 13.41, trading at a premium to its industry average of 8.8. The Oil and Gas - Integrated - International industry ranks in the bottom 37% of all industries.
- The Motley Fool·Neutral
ExxonMobil Is Eyeing a Potential $8 Billion Bet on Shell's U.S. Chemical Plants. Here's What It Means for XOM Stock.
ExxonMobil is among four bidders competing for Shell's underperforming U.S. chemical plants in a potential $8 billion acquisition. The assets, which operate four plants across Louisiana, Texas, and Pennsylvania, are being sold at a significant discount to replacement cost. If Exxon wins, the deal would expand its domestic petrochemical footprint, enhance scale advantages, and enable operational synergies aligned with its long-term strategy of delivering structural cost savings and diversifying beyond oil and gas.
- Benzinga·Neutral
XOMA Royalty Corporation Declares Quarterly Preferred Stock Dividend and Announces Redemption of Its Perpetual Preferred Stock and CVR Dividend Record Date
XOMA Royalty Corporation announced quarterly preferred stock dividends for Series A and Series B preferred shareholders, with Series A receiving $0.53906 per share and Series B receiving $0.52344 per depositary share, payable on July 15, 2026. The company also announced the redemption of all outstanding preferred stock at $25.00 per share on July 14, 2026, in connection with its pending merger with Ligand Pharmaceuticals through Flex Merger Sub, Inc. Additionally, the record date for CVR distribution to common stockholders has been set for July 13, 2026.
- The Motley Fool·
Brent Crude Is Up 85% Since January. OXY, XOM, and CVX Are Playing It Very Differently.
Despite Brent crude oil rising 85% in 2026 due to Middle East geopolitical tensions, Occidental Petroleum, ExxonMobil, and Chevron benefited unevenly in Q1. Timing of the oil price spike (occurring mainly in March), regional exposure differences, and hedging activities created headwinds. Oxy beat expectations with $1.06 EPS vs. $0.59 expected, while Exxon earned $1.16 vs. $1.01 expected and Chevron earned $1.41 vs. $0.97 expected, but both faced significant hedging charges. Q2 expectations are substantially higher.
- GlobeNewswire Inc.·
BRODSKY & SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: Veris Residential, Inc. (NYSE – VRE), XOMA Royalty Corporation (Nasdaq – XOMA), Organon & Co. (NYSE – OGN), RE/MAX Holdings, Inc. (NYSE – RMAX)
Brodsky & Smith law firm announced investigations into four merger transactions, examining whether company boards breached fiduciary duties by failing to conduct fair processes and pay fair value to shareholders. The investigations involve Veris Residential ($19.00/share), XOMA Royalty ($39.00/share), Organon ($14.00/share), and RE/MAX Holdings ($13.80/share or stock election).