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 ...

Exxon Mobil Corporation (XOM) is under scrutiny as the FBI investigates a consultant linked to the company for alleged involvement in a hack-and-leak operation targeting environmental activists, per a Reuters report. The alleged scheme, which began in 2015, involved mercenary hackers breaching email accounts of environmentalists, whose data was later leaked to disrupt lawsuits against ExxonMobil and other energy companies.According to the report, the hacking targets were compiled by the DCI Group, a lobbyin ...

Exxon Mobil Corporation (XOM) is currently considered expensive on a relative basis, with the stock trading at a 6.95x trailing 12-month Enterprise Value to Earnings Before Interest, Taxes, Depreciation and Amortization (EV/EBITDA), which is a premium compared with the broader industry average of 4.28x. A premium valuation typically reflects strong market confidence in a company’s prospects. Image Source: Zacks Investment ResearchHowever, this higher price demands careful examination of whether it is justif ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

Exxon Mobil Corporation (XOM) has signaled that U.S. oil and gas producers are unlikely to significantly ramp up production despite potential policy shifts under a future Trump administration. Speaking at the Energy Intelligence Forum in London, Liam Mallon, head of ExxonMobil's upstream division, emphasized that the industry remains focused on economic sustainability over aggressive drilling."We're not going to see anybody in 'drill, baby, drill' mode," Mallon stated. He highlighted that radical production ...

Exxon Mobil Corporation (XOM) , the U.S. oil and gas giant, has withdrawn its stake from Block 52, offshore Suriname, per a statement by Staatsolie, the national oil company of Suriname. The company has transferred its 50% working interest in the block to Petronas, the Malaysian national energy firm. Petronas is the operator of the block that now holds a 100% working interest.XOM’s decision to exit Block 52 came in despite the discovery of gas reserves on the site in 2020. Staatsolie states that ExxonMobil’ ...

ExxonMobil (XOM -0.11%) has been a surprising stock market winner this year. Despite sluggish energy prices and the broader sector taking a back seat to the excitement in high-growth technology companies, shares of Exxon are up 20% thus far in 2024 and near its all-time high.The oil and gas giant continues to deliver solid financial results, reaffirming its blue chip status with a long history of generating positive shareholder returns. Heading into 2025, can the rally keep going or is it time for investors ...

Exxon Mobil Corporation (XOM) , the U.S. oil and gas giant, is scheduled to drill a well targeting natural gas finds offshore Cyprus in January 2025. Since the Russian invasion of Ukraine in 2022, many major energy companies have been trying to explore new energy reserves in the Mediterranean region in an attempt to diversify from Russia.Many oil-producing companies have been eyeing the East Mediterranean region, where many natural gas discoveries have been made in recent years. Following the invasion of Uk ...

Exxon Mobil (NYSE: XOM ) is a large, growing U.S. energy company with considerable earnings power and free cash flow strength. Exxon Mobil generated its highest amount of free cash flow in the last year in the SeptemberAnalyst’s Disclosure: I/we have a beneficial long position in the shares of XOM, CVX either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no ...

ExxonMobil's focus on oil and gas production quality is paying off.The energy sector is chock-full of high-yield companies with inconsistent payouts or track records of slashing dividends during industrywide downturns. ExxonMobil (XOM -1.04%) is an exception.The largest U.S.-based oil and gas major by market cap just raised its dividend for the 42nd consecutive year to $0.99 per share per quarter. Investing $6,000 in Exxon stock should generate over $200 in passive income per year and likely more over time ...