LOS ANGELES, CALIFORNIA - OCTOBER 28: The Chevron logo is displayed at a Chevron gas station on ... [+] October 28, 2022 in Los Angeles, California. (Photo by Mario Tama/Getty Images)Getty ImagesUp 10% in the last year, at the current price of around $156 per share (as of Dec 11), we believe Chevron Corporation (NYSE: CVX), a company manufacturing and selling a range of refined petroleum products, including gasoline, diesel, marine, and aviation fuels, premium base oil, finished lubricants, and fuel oil add ...

I analyze oil and gas companies like Exxon Mobil and related companies in my service, Oil & Gas Value Research, where I look for undervalued names in the oil and gas space. I break down everything you need to know about these companies—the balance sheet, competitive position and development prospects. This article is an example of what I do. But for Oil & Gas Value Research members, they get it first, and they get analysis on some companies that is not published on the free site. Interested? Sign up here fo ...

Goldman Sachs analyst Neil Mehta rated Exxon Mobil Corporation XOM Neutral and a price target of $125.Yesterday, the company unveiled its Corporate Plan to 2030, targeting an additional $20 billion in earnings and $30 billion in cash flow over the next six years.The 2030 goals include increasing Pioneer acquisition synergies by 50% to over $3 billion annually, growing new business earnings to $3 billion.ExxonMobil is targeting up to $30 billion in lower-emissions investments and will allocate $27 billion – ...

Core Insights - Exxon Mobil Corporation (XOM) has launched a comprehensive Corporate Plan aimed at achieving sustainable growth and enhancing shareholder value by 2030, targeting $20 billion in incremental earnings and $30 billion in cash flow while addressing global energy challenges [1] Group 1: Operational Efficiency and Cost Savings - ExxonMobil plans to significantly enhance operational efficiency, increasing average annual synergies from its Pioneer acquisition by over 50% to exceed $3 billion [2] - The company aims to achieve an additional $7 billion in structural cost savings compared to Q3 2024 through process simplification, supply chain optimization, and advanced IT systems [2] Group 2: Upstream Production Expansion - By 2030, ExxonMobil targets an upstream production increase to 5.4 million oil-equivalent barrels per day, with over 60% from advantaged assets like the Permian Basin, Guyana, and LNG projects [3] - The Permian Basin assets are expected to double production to 2.3 million barrels per day by 2030, while Guyana's production capacity will reach 1.3 million barrels per day through eight operational developments [4] - LNG ventures are projected to exceed 40 million metric tons annually by 2030, supported by projects in the United States, Qatar, Papua New Guinea, and Mozambique [4] Group 3: Product Solutions and Market Adaptation - ExxonMobil plans to expand high-value product sales by 80% compared to 2024, contributing over 40% of its earnings potential by 2030, with $8 billion in additional earnings expected from innovative projects [5] - The company is entering the battery anode market with advanced graphite materials to enhance electric vehicle performance, reflecting a proactive approach to evolving market needs [6] Group 4: Sustainability Initiatives - ExxonMobil has committed up to $30 billion in lower-emission opportunities from 2025 to 2030, including the development of the world's largest carbon capture and storage system and a hydrogen facility in Baytown with a capacity of 1 billion cubic feet of carbon-free hydrogen [7] Group 5: Capital Allocation and Financial Projections - The company plans to allocate $140 billion to major projects through 2030, targeting over 30% returns on these investments, with a projected decline in reinvestment rate from 50% to 40% [8] - Cash flow and earnings growth are expected to generate $165 billion in surplus cash during the plan period, allowing for increased dividends and share repurchases, reinforcing the company's commitment to shareholder value [9] Group 6: Strategic Positioning - ExxonMobil's 2030 Corporate Plan emphasizes a balanced approach to profitability and sustainability, positioning the company to navigate the energy transition and address global energy and environmental challenges through disciplined execution and innovative solutions [10]

In trading on Wednesday, shares of Exxon Mobil entered into oversold territory, changing hands as low as $111.42 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30.Start slideshow: 10 Oversold Energy Stocks »In the case of Exxon Mobil, the RSI reading has hit 29.5 — by comparison, the universe of energy stocks cover ...

Key TakeawaysExxonMobil plans to spend $27 billion to $29 billion in 2025 and another $28 billion to $33 billion every year from 2026 through 2030 to boost its oil and gas output.The company said it is taking advantage of the benefits from its nearly $60 billion acquisition of Pioneer Natural Resources this year.ExxonMobil anticipates its plan will create $20 billion in incremental profit growth and $30 billion in cash flow. ExxonMobil is doubling down on its commitment to pumping more oil and gas, announci ...

Exxon Mobil Corporation (XOM) is reportedly considering selling its petrol stations in Singapore, a move that could generate around $1 billion, according to a Bloomberg news report. The U.S. oil major operates 59 stations in the country under the Esso brand, as per the company's website.XOM's Strategy to Reallocate CapitalThe reported sale aligns with ExxonMobil's strategy to reallocate capital toward areas with higher growth potential. The divestiture has already attracted interest from industry players an ...

Now you can get access to the latest and highest-quality analysis of recent Wall Street buying and selling ideas with just one subscription to Beyond the Wall Investing ! There is a free trial and a special discount of 10% for you. Join us today!I first initiated coverage of Exxon Mobil Corporation (NYSE: XOM ) stock at the end of December 2022 . Unfortunately, I had no luck with timing at that time. However, when the stock started to turn around, I wrote my 2ndDaniel Sereda is chief investment analyst at a ...

About this content About Josh Lamb After graduating from the University of Kent in the summer of 2022 with a degree in History, Josh joined Proactive later that year as a journalist in the UK editorial team. Josh has reported on a range of areas whilst at Proactive, including energy companies during a time of global crisis, aviation and airlines as the sector recovers from the pandemic, as well as covering economic, social and governance issues. Read more About the publisher Proactive financial news and ...

It's that time of year. Snow is increasingly in the weather forecasts, family members are exchanging holiday gift lists, and investors are setting financial goals for 2025. For income investors, specifically, this may include investigating stocks that are potential buys and digging into how much they will provide in dividends next year.With its high-yield dividend and a lengthy streak of hiking its payout higher, ExxonMobil (XOM 0.26%) is likely a stock that's appearing on investors' screens. Let's take a c ...