Track market-moving stories before they get noisy

9.9.2026 17:18

Index Dow Jones -0,78 % na 52374,21 b. S&P 500 -0,56 % na 7630,36 b. Nasdaq Composite -0,78 % na 26216,41 b.

Ve středeční seanci americké indexy otevírají v červených úrovních, když hlavní příčinou poklesu je eskalující konflikt mezi USA a Iránem, včetně uzavřeného Hormůzského průlivu. K dalšímu bombardování ze strany Iránu došlo poté, co USA zaútočily a zničily pět íránských ropných tankerů, čímž zintenzivnily konflikt s Teheránem, který se táhne již šest měsíců. Vzhledem k tomu, že si obě strany vyměňují další útoky, naděje na brzké vyřešení bojů se vytratily. Během návštěvy Kolumbie americký ministr zahraničí Marco Rubio naznačil, že odvetné útoky pravděpodobně brzy neustanou, a varoval Írán, že „ztratí tankery“, když se pokusí „zasáhnout americké válečné lodě“. Investory  a celý svět tak nyní trápí nárůst cen ropy, který oživil obavy, že vyšší náklady na energie by mohly udržet inflaci na vysoké úrovni a přesvědčit centrální banky k zpřísnění politiky. Výnosy amerických státních dluhopisů se v této souvislosti zvýšily. Referenční výnos 10letých amerických státních dluhopisů se v úterý krátce dostal nad 4,8 %, což je blízko nejvyšší úrovně od listopadu 2023, což zvýšilo relativní atraktivitu dluhopisů a zvýšilo náklady na půjčky pro firmy a spotřebitele. Trhy a investoři se nyní  zaměřují na údaje o inflaci v USA, které mají být zveřejněny koncem tohoto týdne, přičemž se očekává, že index spotřebitelských cen v pátek poskytne nové vodítka o směru politiky Fedu. Podle názoru analytiků rostou sázky na zvýšení úrokových sazeb ze strany FEDu v příštím týdnu a to v souvislosti s obnovenými obavami z inflace. Podle CME FedWatch trhy odhadovaly pravděpodobnost nárůstu o čtvrtinu bazického bodu zhruba na 60 %, oproti zhruba 40 % před týdnem.

V centru dění je dnes ropa a proražení ceny Brentu nad 100 USD/barel je pro trhy významným psychologickým milníkem, ale větší obavou je, co to znamená pro inflaci. Dlouhodobý ropný šok by mohl udržet vysoký cenový tlak a zkomplikovat cestu centrálním bankám, které se již tak potýkají s obtížným politickým prostředím. Dnes byly také reportovány od EIA surové zásoby ropy ke dni 2.9., které klesly o 4,5 mil. barelů, když trh očekával menší pokles o 2,5 mil. barelů. Lehká ropa WTI v reakci na situaci roste o 3,1% a dostává se k úrovni 95,8 USD/barel. tato situace je příznivě nakloněna akciím v těžebním sektoru černého zlata a tak akcie těžaře APA ( APA ) dnes posilují o 1,9% a také akcie těžebního obra Exxon Mobil ( XOM ) se posunují výše na tržní ceně o cca 2%. V kladných úrovních se drží také akcie britské skupiny BP ( BP ), jež rostou o 1,6% a také akcie brazilského těžaře Petrobrasu ( PBR ) obchodují výš o cca 1,5%. a ještě lépe jsou na tom akcie Occidentalu Petroleum ( OXY ) se ziskem cca 2,5% a daří se také akciím Shellu ( SHEL ), které přidávají cca 1%. Za zmínku stojí také akcie amerického výrobce a dodavatele těžního zařízení Halliburtonu ( HAL ), které přidávají na tržní ceně více než 2% a také akcie francouzského konkurenta Schlumbergeru ( SLB ) přidávají na tržní ceně více než 3,5%.

Poměrně slušně dnes  za přispění geopolitického rizika a  oslabujícího dolaru profituje žlutý kov, který přidává cca 0,5% a dostává se k úrovni 4 460 USD/Troy. unci. Tato situace hraje do karet akciím v těžebním sektoru zlata a tak akcie největšího kanadského těžaře posilují na tržní ceně o cca 1,5% a také akcie jeho amerického konkurenta Newmontu ( NEM ) jsou na tom podobně se ziskem necelých 1,5%. Za pozornost stojí také akcie známého těžaře Eldorado Gold ( EGO ), které posilují na tržní ceně o cca 2,9%.

Z indexu S&P 500 zaznamenávají největší pokles akcie amerického řetězce obchodů se smíšeným zbožím Casey's General Stores který reportoval výsledky hospodaření za první kvartál fiskálního roku 2027, jeho porovnatelné tržby zaostaly za očekáváním. Akcie Casey's General Stores ( CASY ) se ocitají pod tlakem investorů a ztrácí -16%. 

Index S&P 500 -0,56 % na 7630,36 b. Nejsilnější sektory S&P Změna Nejslabší sektory S&P Změna Energie +0,8 % Zbytná spotřeba -1,6 % Finanční sektor -0,3 % Utility -1,2 % Zdravotní péče -0,3 % Průmysl -1,2 % Nejsilnější akcie S&P Změna Nejslabší akcie S&P Změna Meta Platforms (META) +7,0 % Casey's General Stores (CASY) -16 % Datadog (DDOG) +5,4 % Vertiv Holdings (VRT) -6,9 % Marvell Technology (MRVL) +4,8 % Booking Holdings (BKNG) -4,8 % Lumentum Holdings (LITE) +3,5 % Tractor Supply (TSCO) -4,5 % F5 (FFIV) +3,3 % Kimberly-Clark Corp (KMB) -4,4 %
Luboš Bedrník
Fio banka, a.s.
Prohlášení

3 Stocks to Buy and Hold for Higher Interest RatesExxonMobil NYSE: XOM Chief Financial Officer Neil Hansen said the company is relying on technology, project execution and operational performance to support long-term shareholder returns as energy markets navigate supply disruptions and higher refining margins.

Speaking at the Barclays Energy-Power Conference, Hansen said the company’s strategy is designed to operate across commodity-price cycles and changing energy systems. He cited ExxonMobil’s ability to execute major projects at lower cost and faster speed than competitors, as well as its efforts to centralize operating organizations across the enterprise.

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Striking Oil: How the U.S. Play for Venezuela Fuels Supermajors“We want to be defined by what we do well, not necessarily by the products that we produce,” Hansen said.

Supply disruption shifts pressure toward refining Addressing the Middle East supply disruption and conditions surrounding the Strait of Hormuz, Hansen said the situation underscored the importance of affordable and reliable energy. He said market mechanisms have largely responded as expected, including releases from commercial and strategic inventories, higher supply from countries including the United States and Brazil, and demand destruction in chemicals and refining.

The 2026 Blueprint: 6 Stocks for a Brand New PortfolioFor the most part, oil prices have settled into a relatively range-bound environment, he said. However, ExxonMobil sees refining as the current pinch point in the energy system.

Hansen attributed higher refining margins partly to products not leaving the Middle East and reduced availability of crude needed by Asian refineries. He also cited developments involving Ukraine and Russia, as well as lower Chinese product exports.

He said ExxonMobil’s integrated model helps the company capture value as it moves among stages of the value chain. The company has organized itself around value chains spanning feedstocks, manufacturing, logistics and end consumers, while centralizing functions including supply chain, trading, technology, operations and project execution.

Hansen pointed to the company’s ability to qualify alternative crude supplies for Asian refining and chemical facilities during disruptions around the Strait of Hormuz as an example of how those capabilities can support operations.

Permian synergies exceed initial expectations Hansen said ExxonMobil’s acquisition of Pioneer Natural Resources has performed better than anticipated. The company initially expected to generate about $2 billion annually in synergies from the transaction, but has doubled that amount, according to Hansen.

He described the integration as a “best of both” approach, combining ExxonMobil’s technology and operating capabilities with practices it adopted from Pioneer. The company remains focused on raising recovery rates in the Permian Basin, where Hansen said only a relatively small portion of the resource in the ground is currently recovered.

ExxonMobil is advancing 40 complementary technologies intended to improve primary and secondary recovery and enhance capital efficiency, he said. Some of the technologies could produce equivalent volumes with fewer wells. Hansen reiterated the company’s objective of doubling recovery in the Permian and said its outlook for the asset remains optimistic.

On future acquisitions, Hansen said ExxonMobil can remain selective. The company will seek transactions where it can apply its capabilities to create substantially more value than the current owner, rather than pursuing deals simply to add volumes or assets.

LNG growth and Guyana cash flow Hansen said ExxonMobil continues to view the long-term fundamentals for liquefied natural gas as sound. While the company had expected near-term market length entering the year, he said Middle East developments have pushed that expectation out.

The company’s priority in LNG is to bring on advantaged, low-cost supply that can generate high returns, rather than to pursue geographic diversification for its own sake, he said. ExxonMobil’s portfolio includes operations and projects in the Middle East, Papua New Guinea, Mozambique and the U.S. Gulf Coast through Golden Pass.

Hansen also said ExxonMobil recently announced plans with Total in Papua New Guinea under which ExxonMobil will take operatorship and increase its equity interest.

In Guyana, Hansen said the company reached the “desaturation” of its cost bank faster than expected—about two years earlier, even after accounting for oil-price effects. He said the milestone reflects project execution and the performance of existing floating production, storage and offloading vessels.

ExxonMobil has recovered approximately $55 billion of costs in Guyana, Hansen said. While the development is expected to result in slightly lower entitled volumes—estimated at about 100,000 barrels per day beginning in the third quarter—he said it is expected to double free cash flow between 2025 and 2030.

The company’s fifth Guyana FPSO is already in the water, and ExxonMobil is working to advance a ninth vessel, he said. Hansen added that quicker cost recovery will increase receipts for the Guyanese government.

Focus extends beyond 2030 Hansen said ExxonMobil has growing confidence in its plan to add $25 billion in earnings and $35 billion in cash flow through 2030, with earnings growth moving closer to $30 billion. He said the company is also pursuing opportunities beyond that period, including LNG projects, frontier exploration, undeveloped discovered resources, Proxxima resins and graphite for batteries.

In Proxxima, Hansen said the company has demonstrated value in uses such as lighter rebar and coatings requiring fewer applications. ExxonMobil has made a final investment decision on a blend plant intended to produce up to 120,000 KTA of resins, he said. In graphite, the company is working with original equipment manufacturers to demonstrate faster battery charging, more capacity and longer duration.

Hansen said future structural savings are expected to come increasingly from ExxonMobil’s centralized organizational model and a new enterprise-wide system, rather than primarily from divestments.

About ExxonMobil (NYSE:XOM)Exxon Mobil Corporation, doing business as ExxonMobil, is an integrated energy company engaged in the exploration, development, production and marketing of crude oil and natural gas. Its upstream operations support oil and natural gas production in multiple regions worldwide, while its downstream businesses refine crude oil into fuels and other petroleum products for commercial, industrial and consumer markets.

Through its product solutions businesses, ExxonMobil manufactures and markets lubricants, specialty fluids, petroleum-derived products and chemical products, including commodity and performance chemicals used in packaging, automotive components, construction materials and other industrial applications.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].

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Angola's National Oil, Gas and Biofuels Agency (ANPG), ExxonMobil (XOM.N) ​and partners in Angola's offshore Block 15 ‌on Wednesday announced a new oil discovery at the Vicango Este-01 exploration well.

The new discovery was made in ​Block 15, a deepwater offshore block ​that has been one of Angola's most productive ⁠oil-producing areas.

The well, located about 370 km (230 ​miles) northwest of the capital Luanda, was drilled ​to a depth of 940 metres (3,085 ft) and encountered around 25 metres of high-quality sandstone containing hydrocarbons, the ​companies said in a joint statement.

The discovery is ​the 20th in Block 15, which has produced more than ‌2.7 ⁠billion barrels of oil over the past 30 years, the statement said.

"Block 15 has been one of Angola's most significant deepwater developments, and ​discoveries like ​this help ⁠increase the value of existing infrastructure while supporting future production opportunities," ExxonMobil ​Angola CEO Brian Unietis said.

Angola, Sub-Saharan ​Africa's ⁠second-biggest crude oil producer after Nigeria, has undertaken a major regulatory overhaul to encourage exploration investment ⁠as it ​looks to maintain production ​levels amid mature offshore fields.

ExxonMobil Holdings Corporation ("ExxonMobil") (NYSE: XOM) today announces that its wholly owned subsidiary, Pioneer Natural Resources Company (the "Offeror") is offering to purchase for cash any and all of its outstanding $1,100,000,000 1.900% Senior Notes due 2030 (the “2030 Notes”) and $1,000,000,000 2.150% Senior Notes due 2031 (the “2031 Notes”, and together with the 2030 Notes, the “Notes”).

Holders will receive a price equal to the Total Consideration based on the applicable Reference Yield and the applicable Fixed Spread plus Accrued Interest (each as defined below) (in the case of each of the 2030 Notes and the 2031 Notes, a "Tender Offer" and together, the “Tender Offers”).

Each Tender Offer is being made upon the terms and subject to the conditions set forth in the Offer to Purchase dated September 8, 2026 (the "Offer to Purchase"). Terms not defined in this announcement have the meanings given to them in the Offer to Purchase.

Upon the terms and subject to the conditions set forth in the Offer to Purchase, the Offeror is offering to purchase any and all of the Notes, as set forth in the table below. Notes purchased in the Tender Offers will be cancelled. Neither Tender Offer is conditioned on any minimum principal amount of Notes being tendered. The consummation of each Tender Offer is subject to, and conditioned upon, the satisfaction or waiver, where permitted, of the conditions discussed in the Offer to Purchase.

Title of Notes

Principal Amount

Outstanding

ISIN/CUSIP

Reference Security(1)

Fixed Spread(1)

Bloomberg Reference

Page

1.900% Senior Notes due 2030

$1,100,000,000

ISIN NO. US723787AQ06

CUSIP NO. 723787 AQ0

4.375% UST due August 31, 2031

30 bps

FIT1

2.150% Senior Notes due 2031

$1,000,000,000

ISIN NO. US723787AR88

CUSIP NO. 723787 AR8

4.375% UST due August 31, 2031

35 bps

FIT1

(1)

The "Total Consideration" per $1,000 principal amount of Notes of each series validly tendered at or prior to the Expiration Date and not validly withdrawn and accepted for purchase will be calculated as described in the Offer to Purchase using the applicable Fixed Spread. See "Description of the Tender Offers—Total Consideration" in the Offer to Purchase. The Total Consideration does not include accrued and unpaid interest on such Notes from the last interest payment date with respect to such Notes to, but not including, the Settlement Date (the "Accrued Interest"), which will be paid in addition to the Total Consideration.

Each Tender Offer will expire at 5:00 p.m., New York City time, on September 14, 2026, unless extended or earlier terminated (such date and time, as the same may be extended or earlier terminated, the "Expiration Date"). Holders who desire to participate in the Tender Offers must validly tender their Notes at or prior to the applicable Expiration Date. Tenders of Notes may be validly withdrawn at any time on or prior to the applicable Expiration Date but tenders will thereafter be irrevocable, except in certain limited circumstances where additional withdrawal rights are required by law.

Neither Tender Offer is conditioned on any minimum principal amount of Notes being tendered. Notes may be tendered only in principal amounts equal to the minimum denomination of $1,000 and integral multiples of $1,000 in excess thereof.

Upon the terms and subject to the conditions set forth in the Offer to Purchase, Holders who validly tender and who do not validly withdraw Notes at or prior to the applicable Expiration Date and whose Notes are accepted for purchase by the Offeror will receive the "Total Consideration". The Total Consideration payable for the Notes will be a price per $1,000 principal amount of Notes, calculated with reference to the Settlement Date, that would reflect a yield to the applicable maturity date of such Notes equal to the sum of (i) the applicable Reference Yield determined at the Price Determination Time, plus (ii) the applicable Fixed Spread. The Total Consideration payable for each of the 2030 Notes and the 2031 Notes will be determined as set out in the calculation in Schedule A to the Offer to Purchase.

The "Reference Yield" means the bid side yield to maturity, determined in accordance with market convention, of the applicable Reference Security, based on the bid price for the applicable Reference Security as reported on the applicable Bloomberg Reference Page at the Price Determination Time. The sum of the applicable Fixed Spread and the applicable Reference Yield is referred to as the "Repurchase Yield".

The "Price Determination Time" is expected to be 2:00 p.m., New York City time, on September 14, 2026.

In addition to the Total Consideration, Holders whose Notes are accepted for purchase will be paid the Accrued Interest on the Settlement Date. Interest will cease to accrue on the Settlement Date for all Notes accepted in either Tender Offer. The Settlement Date will promptly follow the Expiration Date and is expected to be September 16, 2026, which is the second business day after the Expiration Date, unless extended.

Holders are advised to check with any bank, securities broker or other intermediary through which they hold their Notes as to when such intermediary needs to receive instructions from a Holder in order for that Holder to be able to participate in either Tender Offer before the deadlines specified herein and in the Offer to Purchase. The deadlines set by any such intermediary and the Depository Trust Company for the submission and withdrawal of tender instructions will also be earlier than the relevant deadlines specified herein and in the Offer to Purchase.

The results of each Tender Offer are expected to be announced promptly following the Expiration Date. This press release will be available on https://corporate.exxonmobil.com/. Copies of the Offer to Purchase are available to holders of the Notes ("Holders") through the Tender and Information Agent, Global Bondholder Services Corporation at its website https://www.gbsc-usa.com/pioneer/ or by calling (212) 430-3774 (bank and brokers call collect) or (855) 654-2014 (all others please call toll-free).

The Dealer Manager for each Tender Offer is:

Citigroup
388 Greenwich Street, 4th Floor
New York, NY 10013
Toll-Free: +1 (800) 558-3745
Collect: +1 (212) 723-6106
Email: [email protected]
Attention: Liability Management Group

The Tender and Information Agent for each Tender Offer is:
Global Bondholder Services Corporation
65 Broadway – Suite 404
New York, New York 10006 Attn: Corporate Actions

Bank and Brokers Call Collect: (212) 430-3774
All Others Please Call Toll Free: (855) 654-2014
E-mail: [email protected]
Tender Offer Website: https://www.gbsc-usa.com/pioneer/

Non-U.S. Distribution Restrictions

United Kingdom. The communication of this announcement, the Offer to Purchase and any other documents or materials relating to either Tender Offer is not being made by and such documents and/or materials have not been approved by an "authorised person" for the purposes of section 21 of the Financial Services and Markets Act 2000 (as amended, the "FSMA"). Accordingly, such documents and/or materials are not being distributed to, and must not be passed on to, the general public in the United Kingdom. The communication of such documents and/or materials is exempt from the restriction on financial promotions under section 21(1) of the FSMA on the basis that it is only directed at and may only be communicated to and may only be acted upon by: (1) persons who are outside of the United Kingdom; (2) investment professionals falling within the definition contained in Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (as amended, the "Order"); (3) those persons who are existing members or creditors of the Offeror or other persons falling within Article 43(2) of the Order; (4) a qualified investor as defined in paragraph 15 of Schedule 1 to the Public Offers and Admissions to Trading Regulations 2024 (“POATRs”), or (5) any other persons to whom such documents and/or materials may lawfully be communicated in accordance with the Order (all such persons together being referred to as "relevant persons"). This announcement and any other documents or materials relating to either Tender Offer are only available to relevant persons. Consequently, no disclosure document required by the FCA Product Disclosure Sourcebook (“DISC”) for offering, selling or distributing the Notes or otherwise making them available to retail investors in the UK has been prepared and therefore offering, selling or distributing the Notes or otherwise making them available to any retail investor in the UK may be unlawful under DISC and the Consumer Composite Investments (Designated Activities) Regulations 2024. This announcement and any other documents or materials relating to the Tender Offers have been prepared on the basis that the Offer to Purchase in the UK will be made pursuant to an exemption from the prohibition on offers to the public under POATRs. This announcement and any other documents or materials relating to the Tender Offers are not a prospectus for the purposes of the POATRs. Any person who is not a relevant person should not act or rely on this document or any of its contents. Any investment or investment activity to which this announcement relates are only available to relevant persons and will be engaged in only with relevant persons.

France. Neither Tender Offer is being made, directly or indirectly, in the Republic of France (other than to qualified investors as described below). This announcement, the Offer to Purchase and any other document or material relating to either Tender Offer may not be distributed to the public in the Republic of France and have only been, and shall only be, distributed in the Republic of France to qualified investors as defined in Article 2(e) of Regulation (EU) 2017/1129, as amended (the "Prospectus Regulation") and in accordance with Article L. 411-2, 1° of the French Code monétaire et financier. None of this announcement, the Offer to Purchase nor any other documents or materials relating to either Tender Offer have been or will be submitted for clearance to the Autorité des marchés financiers.

Italy. None of the Tender Offers, this announcement, the Offer to Purchase or any other documents or materials relating to either Tender Offer have been or will be submitted to the clearance procedure of the Commissione Nazionale per le Società e la Borsa ("CONSOB") pursuant to applicable Italian laws and regulations. Each Tender Offer is being carried out in the Republic of Italy ("Italy") as an exempted offer pursuant to article 101-bis, paragraph 3-bis of the Legislative Decree No. 58 of February 24, 1998, as amended (the "Financial Services Act") and article 35-bis, paragraph 4 of CONSOB Regulation No. 11971 of May 14, 1999, as amended. Holders or beneficial owners of the Notes that are resident or located in Italy can tender their Notes for purchase through authorized persons (such as investment firms, banks or financial intermediaries permitted to conduct such activities in Italy in accordance with the Financial Services Act, CONSOB Regulation No. 20307 of February 15, 2018, as amended, and Legislative Decree No. 385 of September 1, 1993, as amended) and in compliance with any other applicable laws and regulations and with any requirements imposed by CONSOB or any other Italian authority. Each intermediary must comply with applicable laws and regulations concerning information duties vis-à-vis its clients in connection with the Notes or the Offer to Purchase.

Belgium. None of this announcement, the Offer to Purchase nor any other documents or materials relating to either Tender Offer have been, or will be, submitted or notified to, or approved or recognized by, the Belgian Financial Services and Markets Authority ("Autorité des services et marchés financiers"/"Autoriteit voor Financiële Diensten en Markten"). Neither Tender Offer is being made in Belgium by way of a public offering within the meaning of Articles 3, §1, 1° and 6, §1 of the Belgian Law of April 1, 2007 on public takeover bids ("loi relative aux offres publiques d'acquisition"/"wet op de openbare overnamebiedingen"), as amended or replaced from time to time. Accordingly, neither Tender Offer may be, or is being, advertised and neither Tender Offer will be extended and this announcement, the Offer to Purchase and any other documents or materials relating to either Tender Offer (including any memorandum, information circular, brochure or any similar documents) may not, have not, and will not, be distributed or made available, directly or indirectly, to any person in Belgium other than to "qualified investors" ("investisseur qualifié"/"gekwalificeerde belegger") within the meaning of Article 2(e) of the Prospectus Regulation acting on their own account. Insofar as Belgium is concerned, each Tender Offer is made only to qualified investors, as this term is defined above. Accordingly, the information contained in this announcement, the Offer to Purchase or in any other documents or materials relating to either Tender Offer may not be used for any other purpose or disclosed or distributed to any other person in Belgium.

This announcement is for informational purposes only and is not an offer to purchase, a solicitation of an offer to purchase or a solicitation of consents with respect to any Notes. This announcement does not describe all the material terms of either Tender Offer and no decision should be made by any Holder on the basis of this announcement. The terms and conditions of each Tender Offer are described in the Offer to Purchase. This announcement must be read in conjunction with the Offer to Purchase. The Offer to Purchase contains important information which should be read carefully before any decision is made with respect to either Tender Offer. If any Holder is in any doubt as to the contents of this announcement, or the Offer to Purchase, or the action it should take, it is recommended to seek its own financial and legal advice, including in respect of any tax consequences, immediately from its stockbroker, bank manager, solicitor, accountant or other independent financial, tax or legal adviser. Any individual or company whose Notes are held on its behalf by a broker, dealer, bank, custodian, trust company or other nominee must contact such entity if it wishes to tender such Notes pursuant to either Tender Offer.

None of the Offeror, ExxonMobil, the Dealer Manager or their affiliates, or the Tender and Information Agent makes any recommendation, or has expressed an opinion, as to whether or not Holders should tender their Notes held by them pursuant to either Tender Offer, or refrain from doing so. Each Holder should make its own decision as to whether to tender its Notes and if so, the principal amount of the Notes to tender.

The Offeror has not filed this announcement or the Offer to Purchase with, and they have not been reviewed by, any federal or state securities commission or regulatory authority of any other country. No authority has passed upon the accuracy or adequacy of either Tender Offer, and it is unlawful and may be a criminal offense to make any representation to the contrary.

The Offer to Purchase does not constitute an offer to purchase Notes in any jurisdiction in which, or to or from any person to or from whom, it is unlawful to make such offer under applicable securities or blue sky laws. The distribution of the Offer to Purchase in certain jurisdictions is restricted by law. Persons into whose possession the Offer to Purchase comes are required by each of the Offeror, ExxonMobil, the Dealer Manager and the Tender and Information Agent to inform themselves about, and to observe, any such restrictions.

Cautionary note regarding forward-looking statements

Certain statements contained in this announcement are, or may be deemed to be, "forward-looking statements" (including for purposes of the safe harbor provisions for forward-looking statements contained in Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934).

Forward-looking statements give the Offeror’s current expectations and projections about future events, including strategic initiatives and future financial condition and performance, and so the Offeror’s actual results may differ materially from what is expressed or implied by such forward-looking statements. Forward-looking statements sometimes use words such as "expects," "anticipates," "believes," "targets," "plans," "intends," "aims," "projects," "indicates," "may," "might," "will," "should," "potential," "could" and words of similar meaning (or the negative thereof). All statements, other than statements of historical facts, included in this announcement are forward-looking statements. Such forward-looking statements include, but are not limited to, statements relating to future events; projections; descriptions of strategic, operating, and financial plans and objectives; statements of future ambitions and plans; future earnings power; potential addressable markets; and other statements of future events or conditions.

Any forward-looking statements made by or on behalf of the Offeror speak only as of the date they are made and are based upon the knowledge and information available to the Offeror on the date of this announcement. These statements and views may be based on a number of assumptions and, by their nature, involve known and unknown risks, uncertainties and other factors because they relate to events and depend on circumstances that may or may not occur in the future and/or are beyond ExxonMobil’s control or precise estimate. Subject to our obligations under U.S. law in relation to disclosure and ongoing information, we undertake no obligation to update publicly or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

About ExxonMobil

ExxonMobil, one of the largest publicly traded international energy and petrochemical companies, creates solutions that improve quality of life and meet society’s evolving needs.

The corporation’s primary businesses - Upstream, Product Solutions and Low Carbon Solutions – provide products that enable modern life, including energy, chemicals, lubricants, and lower emissions technologies. ExxonMobil holds an industry-leading portfolio of resources, and is one of the largest integrated fuels, lubricants, and chemical companies in the world. ExxonMobil also owns and operates the largest CO2 pipeline network in the United States. In 2021, ExxonMobil announced Scope 1 and 2 greenhouse gas emission-reduction plans for 2030 for operated assets, compared to 2016 levels. The plans are to achieve a 20-30% reduction in corporate-wide greenhouse gas intensity; a 40-50% reduction in greenhouse gas intensity of upstream operations; a 70-80% reduction in corporate-wide methane intensity; and a 60-70% reduction in corporate-wide flaring intensity. To learn more, visit exxonmobil.com and ExxonMobil’s Advancing Climate Solutions.

Public Company Information: NYSE: XOM

View source version on businesswire.com: https://www.businesswire.com/news/home/20260908938146/en/

ExxonMobil delivered robust Q2 2026 results, with earnings more than doubling and free cash flow reaching $17.2 billion despite Middle East disruptions. XOM's integrated model, Guyana and Permian growth, and global trading offset significant volume losses, validating its resilience amid geopolitical shocks. The investment case hinges on sustained Middle East conflict; the current valuation reflects most upside, with only a 6–7% potential unless war premiums persist.

SummaryExxonMobil maintains a buy rating, supported by strong free cash flow, disciplined capex, and attractive valuation.Q2 saw record upstream output, $18.9B free cash flow, and $5.1B in buybacks, offsetting mixed earnings and refining weakness.Management targets $25B earnings and $35B cash flow growth by 2030, with advantaged assets driving production to 5.5M boe/d.Technicals remain bullish, with rising moving averages and RSI momentum; price target is updated to $179 based on 17x forward earnings. ridham supriyanto/iStock Editorial via Getty Images

ExxonMobil (XOM) continues to benefit from higher oil and product prices amid the ongoing conflict in Iran. For the year, WTI is up 59%, while shares of the largest US oil company are higher by

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Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. 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 business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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Exxon just raised its dividend even as crude briefly cratered below $58 a barrel, and the company says free cash flow could double by 2030. Whether that math holds if oil tumbles again is exactly what dividend investors need to…

Exxon Mobil just cut another check to shareholders, and the timing tells a story. Exxon Mobil (NYSE:XOM | XOM Price Prediction) paid its $1.03 per share quarterly dividend on June 10, 2026, and a second identical payment is scheduled for September 10, 2026. That is the same rate Exxon adopted after its 4% raise announced in Q4 2025, extending a growth streak that now stands at 43 consecutive years.

Scorecard: A- on Coverage, B+ on Yield At $164.15, the forward dividend of $4.12 puts XOM’s yield near 2.55%. The yield trails Treasuries clearing 4%, yet the coverage math earns Exxon its high marks. FY2025 EPS came in at $6.70, and free cash flow yield sits at 3.49%, both comfortably above the payout requirement. The P/E of 23 reflects a market willing to pay for durability rather than distress.

Q2 2026 sealed the deal for this dividend. Exxon reported $14.5 billion of earnings, more than $17 billion of free cash flow, and returned more than $9 billion to shareholders through dividends and share repurchases, while also cutting more than $7 billion of net debt. CEO Darren Woods described the quarter as “shaped by disruption but defined by execution” after a Middle East supply hit knocked out approximately 10% of upstream production.

How the Dividend Holds When Crude Falls WTI is currently $91.48 per barrel, but the more relevant data point for dividend investors is the low. WTI touched $55.44 on December 16, 2025 and sat near $57.21 on January 2, 2026. Exxon still raised the dividend into that weakness. The reason: cumulative structural cost savings have increased to $16.3 billion since 2019, and Guyana just hit the crossover point after Exxon fully recovered the $55 billion of investment along with all the operating costs.

Woods framed the payoff directly: “we’re going to see two times the level of free cash flow in 2030 as we saw in 2025.” The Permian added ballast with more than 1.8 million oil equivalent barrels per day, another quarterly record.

Growth Track Record The raise cadence has been steady rather than spectacular. Quarterly payments moved from $0.95 in 2024 to $0.99 in 2025 to $1.03 across 2026. Add a $20 billion 2026 buyback plan and total shareholder yield looks much fatter than the 2.55% headline.

What To Watch Next XOM is up 39.15% year to date and 47.27% over the past year, so the entry yield has compressed. The next dividend increase, historically announced with the Q4 declaration, will test whether Guyana’s cash flow inflection funds a bigger raise or a bigger buyback.

Contact [email protected] for any questions or corrections.

Chris Lange

Chris Lange is a writer for 24/7 Wall St., based in Houston. He has covered financial markets over the past decade with an emphasis on healthcare, tech, and IPOs. During this time, he has published thousands of articles with insightful analysis across these complex fields. Currently, Lange's focus is on military and geopolitical topics. Lange's work has been quoted or mentioned in Forbes, The New York Times, Business Insider, USA Today, MSN, Yahoo, The Verge, Vice, The Intelligencer, Quartz, Nasdaq, The Motley Fool, Fox Business, International Business Times, The Street, Seeking Alpha, Barron’s, Benzinga, and many other major publications. A graduate of Southwestern University in Georgetown, Texas, Lange majored in business with a particular focus on investments. He has previous experience in the banking industry and startups.

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Higher crude strengthens cash flow, but President Trump's reentry claim still lacks a formal Exxon commitment. Summary

Oil helps immediately; Venezuela remains optional and politically expensive.

Exxon Mobil XOM, the integrated energy and chemicals heavyweight, dropped roughly 0.8% to $163.235 Wednesday—even as Brent crude charged toward $95.18 following renewed U.S.-Iran hostilities. That is a striking disconnect. Oil is ripping, but geopolitical risk and market-wide caution are stopping Exxon from joining the rally. The valuation signal is equally blunt: the stock sits 28.86% above its GF Value™ estimate of $126.68.

Exxon is hardly entering this volatility empty-handed. Its second-quarter results delivered $14.5 billion in earnings, $23.6 billion in operating cash flow and $17.2 billion in free cash flow. The company returned $9.4 billion to shareholders. That cash machine can already fund dividends and buybacks—no Venezuelan comeback required.

President Donald Trump said Exxon would return to Venezuela, Reuters reported. Exxon, however, has announced no formal investment deal. Sanctions, contracts, infrastructure and legal protections remain giant question marks nearly two decades after nationalization forced the company out. Investors can price the oil rally today. Venezuela deserves a valuation of zero until signed agreements turn political talk into bankable cash flow.

Disclosures I/we have no positions in any stocks mentioned, and have no plans to buy any new positions in the stocks mentioned within the next 72 hours.

Click for the complete disclosure

Motiva Enterprises and Exxon Mobil Corp (XOM.N) are preparing their East Texas refineries for ​high winds and possible flooding as a developing tropical storm nears ‌the U.S. Gulf Coast, people familiar with plant operations said on Monday.

Motiva and Exxon have not reduced production at their Port Arthur and Beaumont, Texas refineries, respectively, but they ​have secured loose items and equipment that can be blown by high ​winds or drift in flood waters should those be produced ⁠by the developing storm expected to make landfall on Tuesday, the sources said.

Exxon ​spokesperson Kelly Davila said on Monday the company was monitoring the storm and ​both its Beaumont and Baytown, Texas, refineries continued to operate normally.

A Motiva spokesperson did not reply to a request for comment.

Cheniere Energy (LNG.N) and Freeport LNG said they were monitoring the ​storm. Cheniere added it would take steps to modify operations if necessary, ​but there had been no impact on production so far.

Cheniere operates liquefied natural gas plants ‌at Sabine ⁠Pass on the Texas-Louisiana border and Corpus Christi, Texas.

Freeport LNG's plant is in Freeport, Texas.

The U.S. National Hurricane Center forecasts the storm, currently called Tropical Depression 5, to become Tropical Storm Edouard before making landfall near Port Arthur ​on Tuesday.

Edouard is not ​expected to reach ⁠hurricane strength and is forecast to produce winds no more than 58 miles per hour (93 kph), according to the ​hurricane center.

Exxon on Monday afternoon activated its Incident Command System, ​the sources ⁠said.

Valero Energy Corp (VLO.N) has not modified operations at its 235,000-barrel-per-day (bpd) Port Arthur refinery, sources at the refinery said.

The Motiva Port Arthur refinery is the nation's largest with ⁠a ​crude oil processing capacity of 656,400 bpd. Exxon's ​Beaumont refinery can intake 612,000 bpd while the Baytown refinery, on the east side of Houston, can ​process 564,000 bpd.

Key Takeaways ExxonMobil posted record Q2 production and a 21.1% revenue beat, while adjusted EPS missed by 4.3%.Permian output topped 1.8M boe/d, while Guyana's fifth FPSO is set to add 250,000 bpd of capacity.Middle East disruptions cut about 10% of Q2 upstream output, adding near-term production risk for XOM. ExxonMobil Holdings Corporation (XOM - Free Report) paired sharply higher second-quarter revenues with record production marks, but adjusted earnings still missed expectations. The mix shows how volume growth and tighter product markets can lift results while costs and regional disruption remain material earnings variables.

Advantaged Permian and Guyana assets support future volumes and cash generation. Refining, chemicals and Middle East exposure, however, leave results sensitive to market conditions outside the company’s control.

XOM's Q2 Beat on Sales Came With an Earnings MissAdjusted earnings of $3.52 per share missed the Zacks Consensus Estimate of $3.68 by 4.3%. Revenues of $116 billion beat the consensus mark by 21.1% and increased 42.3% year over year.

Higher scheduled-maintenance expenses and increased depreciation weighed on earnings, while Middle East conditions disrupted production. The revenue beat therefore did not fully offset operating and cost pressures.

ExxonMobil Set New Upstream Production HighsUpstream production totaled 4.514 million oil-equivalent barrels per day in the second quarter. ExxonMobil’s broader plan shows production rising from 4.3 million oil-equivalent barrels per day (Moebd) in 2024 to 4.6 million year to date in 2026 and about 5.5 million by 2030. Advantaged assets increased from 52% of upstream production in 2024 to 59% year to date in 2026 and are planned at about 65% by 2030.

Image Source: ExxonMobil Holdings Corporation

Permian output exceeded a record 1.8 million oil-equivalent barrels per day, with management targeting a 9% production compound annual growth rate through 2030. The fifth Guyana floating production, storage and offloading vessel is slated to start in the fourth quarter, adding 250,000 barrels per day of capacity. Chevron Corporation (CVX - Free Report) also reported record U.S. upstream production of nearly 2.1 million oil-equivalent barrels per day in the second quarter.

XOM's Product Solutions Rebound Shows CyclicalityEnergy Products generated $4.10 billion of adjusted earnings as stronger refining conditions, optimization and structural savings supported results. Chemical Products adjusted earnings rose to $1.21 billion from $110 million in the first quarter.

The sequential gains also highlight cyclicality. Refining and chemical earnings remain exposed to margins, feedstock costs, trading results and supply conditions, leaving room for sharp swings as markets change.

ExxonMobil's Middle East Exposure Adds Q3 RiskMiddle East assets represent about 20% of ExxonMobil’s global oil-equivalent production. The conflict temporarily removed about 10% of total upstream production during the second quarter, making regional conditions an important near-term volume variable.

A full-quarter Strait of Hormuz closure in the third quarter could reduce Middle East production by about 750,000 oil-equivalent barrels per day versus 2025. Shell plc (SHEL - Free Report) reported Integrated Gas production of 631,000 oil-equivalent barrels per day in the second quarter, down from 909,000 in the first quarter as Qatar-related disruptions reduced volumes.

XOM's Cash Flow Supports Heavy Investment and ReturnsExxonMobil generated $17.2 billion of free cash flow while cash capital expenditures totaled $6.8 billion in the second quarter. That capacity supports continued investment in the Permian, Guyana and liquefied natural gas projects through volatile conditions.

Shareholder distributions reached $9.4 billion, including $4.3 billion of dividends and $5.1 billion of share repurchases. Net debt fell by more than $7 billion during the quarter, preserving financial flexibility for growth and capital returns.

XOM's Style Strength Tempers the Event RiskExxonMobil exits the quarter with a clear trade-off. Advantaged production growth and stronger Product Solutions earnings support cash generation, but commodity sensitivity and Middle East disruption can still reduce earnings visibility.

The stock currently carries a Zacks Rank #3 (Hold), which points to a neutral short-term stance. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Its Value Score of A, Growth Score of A, Momentum Score of A and VGM Score of A indicate favorable characteristics across all three styles, but the Style Scores complement rather than override the Zacks Rank.

31.8.2026 16:00, NVDA, EIX, LLY, PCG, SLB, CVX, XOM

Index Dow Jones -0,61 % na 53232,61 b., S&P 500 -0,41 % na 7680,52 b., Nasdaq Composite -0,31 % na 26320,91 b.

Americké akcie zpočátku týdne oslabují kvůli další eskalaci napětí na Blízkém východě. Cena americké ropy překonala 85 USD za barel.

USA a Írán si poprvé přibližně po měsíci vyměnily údery. Naděje na brzké obnovení běžné dopravy přes Hormuzský průliv dále oslabila zpráva o zasažení tankeru minami. Dražší energie zvyšují inflační rizika a podle tržních sázek je nyní zářijové zvýšení sazeb Fedu pravděpodobnější než jejich ponechání beze změny. Rozhodující budou údaje z trhu práce a následná inflační data.

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Z růstu cen ropy těží akcie ropařů Chevron (+2,7 %) a Exxon Mobil (+2,4 %). Naopak PG&E (-19 %) a Edison International (-20 %) odepisují po návrhu kalifornské legislativy, která nepřenáší odpovědnost za škody způsobené požáry z veřejně obchodovaných utilit.

GameStop roste o 4,4 % díky předběžným tržbám nad odhady trhu. Eli Lilly (-1,6 %) koupí biotechnologickou společnost Merida Biosciences až za 2,88 mld. USD a SLB (+4,6 %) získá za 3,4 mld. USD výrobce technologií pro chlazení datových center Kelvion.

Index S&P 500 -0,41 % na 7680,52 b. Nejsilnější sektory S&P Změna Nejslabší sektory S&P Změna Energie +2,5 % Utility -1,6 % Informační technologie +0,1 % Komunikační služby -1,4 % Základní materiály -0,2 % Zdravotní péče -1,1 % Nejsilnější akcie S&P Změna Nejslabší akcie S&P Změna Crowdstrike Holdings (CRWD) +5,2 % Edison International (EIX) -20 % SLB (SLB) +4,6 % PG&E Corp (PCG) -19 % CF Industries Holdings (CF) +4,6 % Take-Two Interactive Software (TTWO) -7,0 % Ulta Beauty (ULTA) +3,6 % Howmet Aerospace (HWM) -6,1 % LyondellBasell Industries (LYB) +3,6 % Aon (AON) -5,9 %
Zdroj: Bloomberg

Marek Krejčiřík
Fio banka, a.s.
Prohlášení

Key Takeaways ExxonMobil offers stronger upside as high crude prices and refining margins support profitability.XOM expects Permian output to reach 2.5 Moebd by 2030, with total production at 5.5 Moebd.EPD has nearly $6.5B of major projects under construction, with startups expected from 2026 to 2028. ExxonMobil Holdings Corporation (XOM - Free Report) and Enterprise Products Partners LP (EPD - Free Report) are two well-known names in the energy sector with completely different business operations.

ExxonMobil is an integrated energy company with operations spanning exploration and production activities, refining, chemicals and specialty products. The integrated nature of the business shields it from the extreme volatility in energy markets and enables it to sustain profitability across business cycles.

Enterprise Products, on the other hand, operates an integrated, midstream asset network for the transportation and storage of crude oil, natural gas, natural gas liquids (NGLs), petrochemicals and refined products. The partnership’s midstream assets connect suppliers from some of the largest basins in the United States, Canada and the Gulf of America with various domestic and international markets. EPD also has a large pipeline of growth projects under construction that should enhance its earnings and cash flow visibility.

Over the past year, XOM shares have rallied 51.1%, outperforming EPD’s 28.9% gain. Price performance alone does not fully indicate a stock’s attractiveness or strength, as it merely reflects investor sentiment across market cycles. Hence, it is necessary to assess the fundamentals and broader operating environment of both stocks before arriving at an investment decision.

Image Source: Zacks Investment Research

High-Quality Assets & Favorable Energy Markets Boost XOM’s ProspectsExxonMobil Holdings derives a major part of its revenues from its upstream operations. The company’s high-quality upstream assets remain a fundamental strength that supports its earnings and profitability. XOM’s upstream growth engines include its massive Permian Basin footprint and its assets offshore Guyana. The company continues to invest in production growth from these advantaged upstream assets, which are characterized by low production costs and a lower emissions profile. Notably, XOM expects its Permian production to reach 2.5 million oil equivalent barrels per day (Moebd) by the end of this decade, while total production is anticipated to reach 5.5 Moebd.

The current business environment also looks favorable for the company. The conflict in the Middle East and shipping disruptions through the Strait of Hormuz are keeping oil prices relatively high. West Texas Intermediate  crude is currently trading above $80 per barrel, according to oilprice.com, which could benefit the company’s upstream business. Moreover, XOM’s refining business also has a positive outlook at present. Tight refined product inventories and constrained refining capacity globally are expected to support strong refining margins and product prices in the near term, aiding XOM’s profitability. While XOM’s performance remains sensitive to the commodity pricing environment, its strong liquidity position and healthy balance sheet enhance its ability to weather volatility and market cycles effectively.

Strong Cash Flow Visibility & Growth Investments Support EPDEnterprise Products operates an integrated midstream network that includes over 50,000 miles of pipelines, more than 300 million barrels of liquids storage capacity, 46 natural gas processing trains and more. The partnership generates stable fee-based revenues, which implies that its earnings are less vulnerable to fluctuations in commodity prices. This enables EPD to generate predictable cash flows across business cycles that support distribution growth. Additionally, the partnership has highlighted that almost 90% of its long-term contracts include an escalation provision that protects its cash flows and distributions under inflationary business environments.

The partnership currently has nearly $6.5 billion of major projects under construction, including new gas-processing plants in the Permian Basin, the Bahia pipeline expansion, Fractionator 15 and the Enterprise Hydrocarbons Terminal LPG expansion. These growth capital projects are tied to rising U.S. energy and NGL production, particularly in the Permian Basin. These projects are expected to come online between 2026 and 2029 and contribute to Enterprise’s earnings and cash flow growth. Additionally, EPD has other expansion projects under construction, which should enhance its ability to collect, transport and export hydrocarbons. The partnership also maintains its focus on returning capital to unitholders and reducing debt to strengthen its balance sheet.

Image Source: Enterprise Products Partners L.P.

Valuation SnapshotConsidering the valuation snapshot, it has become evident that ExxonMobil Holdings is currently trading at a discount compared with Enterprise Products Partners. This is reflected in the fact that XOM trades at a trailing 12-month enterprise value to EBITDA (EV/EBITDA) of 9.16X, below EPD’s 10.96X.

Image Source: Zacks Investment Research

XOM vs EPD: Final VerdictXOM and EPD have contrasting business models and, as a result, different strengths. ExxonMobil offers stronger upside potential in the current environment as high crude prices are expected to enhance upstream profitability. Moreover, constrained refining capacity is anticipated to support refining margins, which should benefit the company’s Energy Products segment. Meanwhile, Enterprise Products provides greater business stability through contracted and predictable cash flows but may not benefit as much from the current market volatility.

Overall, ExxonMobil currently emerges as the more compelling investment between the two stocks due to a favorable commodity pricing environment, production growth from its advantaged assets in Guyana and the Permian, a higher price rally and a relatively cheaper valuation. Both XOM and EPD currently carry a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Sen. Elizabeth Warren (D-CA) delivered sharp criticism of President Donald Trump, accusing him of profiting off the war in Iran by investing in oil companies.

In a post on X on Tuesday, Warren said Trump’s oil-and-gas holdings had gained as much as $15.5 million in market value.

“Donald Trump held millions in oil and gas company stocks at the end of 2025,” Warren said, adding that “those stocks are worth as much as $15.5 million more” currently.

“What happened? He started a war with Iran this year — and sent oil and gas stocks soaring,” Warren said, before sharing a link to a Senate Joint Economic Committee – Democrats article that said that Trump held “as much as $45.6 million in oil and gas stocks” at the end of 2025 in his portfolio, which was “now worth up to $61.1 million.”

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The committee also released an analysis, which showed that Trump’s holdings in companies like Chevron Corp (NYSE:CVX), ExxonMobil Holdings Corp (NYSE:XOM), ConocoPhillips (NYSE:COP), Occidental Petroleum Corp (NYSE:OXY) and more “went up by an average of 39 percent from January 2nd through August 17th.”

Trump’s Holdings in Major Oil ProducersThe analysis showed Trump reported holding $3,180,009 to $12,450,000 in ExxonMobil, which grew 32% since January 2nd, bringing the President’s estimated holdings at $4,186,256 to $16,389,539.

Trending

Trump also held $2,595,010 – $11,350,000 in Chevron and the stock grew 30% since the beginning of the year, leading to his holdings surging to $3,374,012 – $14,757,184.

Trump’s Occidental Petroleum holdings ranged from $1,017,004 to $5,083,000, while the stock had grown 39% YTD at the time of publishing the report, which brought his holdings to between $1,416,798 and $7,081,178.

ConocoPhillips accounted for $647,008 to $1,430,000 in Trump’s oil stock holdings at the end of 2025, the report said, but the stock grew 32%, leading to his stake surging to between $853,489 and $1,886,358, according to the report.

Iran WarTrump, following the announcement of economic restrictions on Iran, said that the Strait of Hormuz was cleared of mines and that it was open.

However, Gov. Gavin Newsom (D-CA) questioned Trump’s claims about the waterway, pointing to a Truth Social post the President made last week in which he claimed the mines in the Strait of Hormuz had been cleared.

On the other hand, Iran reaffirmed that participating in the economic measures against the country touted by the U.S. would be considered an act of war against Iran.

Tehran also vowed that no oil will pass through the Strait. However, recent reports suggest the administration in Tehran was in talks with Oman over a temporary corridor to allow for the movement of vessels.

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Check out more of Benzinga’s Future Of Mobility coverage by following this link.

Photo courtesy: Sheila Fitzgerald / Shutterstock.com

© 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

ExxonMobil Holdings Corporation (NYSE: XOM) today announced Neil Hansen, Senior Vice President and Chief Financial Officer, will conduct a fireside chat at the Barclays 40th Annual Energy-Power Conference in New York on September 9, 2026, at 8:00 a.m. ET.

To access the live webcast, visit the event page. An archived audio portion of the webcast will be available on the ExxonMobil website approximately 24 hours after the event.

About ExxonMobil

ExxonMobil, one of the largest publicly traded international energy and petrochemical companies, creates solutions that improve quality of life and meet society’s evolving needs.

The corporation’s primary businesses - Upstream, Product Solutions and Low Carbon Solutions – provide products that enable modern life, including energy, chemicals, lubricants, and lower emissions technologies. ExxonMobil holds an industry-leading portfolio of resources, and is one of the largest integrated fuels, lubricants, and chemical companies in the world. ExxonMobil also owns and operates the largest CO2 pipeline network in the United States. In 2021, ExxonMobil announced Scope 1 and 2 greenhouse gas emission-reduction plans for 2030 for operated assets, compared to 2016 levels. The plans are to achieve a 20-30% reduction in corporate-wide greenhouse gas intensity; a 40-50% reduction in greenhouse gas intensity of upstream operations; a 70-80% reduction in corporate-wide methane intensity; and a 60-70% reduction in corporate-wide flaring intensity. To learn more, visit exxonmobil.com and ExxonMobil’s Advancing Climate Solutions.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260826193086/en/

Disclosures I/we have no positions in any stocks mentioned, and have no plans to buy any new positions in the stocks mentioned within the next 72 hours.

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ExxonMobil is better positioned than Enbridge amid heightened oil price volatility due to geopolitical risks, notably disruptions in the Strait of Hormuz. I see a higher-for-longer oil price scenario when these disruptions are combined with the structural oil supply-demand tension. Both U.S. oil stock and the U.S. strategic petroleum reserve (SPR) are currently among decade lows.

Key Takeaways ExxonMobil's 13.73% debt-to-capitalization ratio helps cushion its exposure to oil and gas price swings.Low debt exposure lets XOM seek favorable financing, pursue acquisitions and keep rewarding shareholders.XOM shares gained 39.6% in a year, while its 8.84X EV/EBITDA is above the industry's 5.59X. ExxonMobil Holdings Corporation (XOM - Free Report) , an integrated energy giant, generates the bulk of its earnings from its upstream operations. With a strong presence in the prolific Permian Basin and offshore Guyana resources, its top and bottom lines are highly susceptible to fluctuations in oil and natural gas prices.

But investors should not worry much about this vulnerability. With a debt-to-capitalization of 13.73%, the energy giant has significantly lower exposure to debt capital. Thus, the company can rely on its strong balance sheet when oil and natural gas prices fall and the business scenario becomes unfavorable.

Also, with lower exposure to debt capital, XOM can secure additional debt on favorable terms during uncertain situations, allowing it to operate smoothly, pursue lucrative acquisitions and continue rewarding shareholders.

CVX & EOG Also Have Low Debt LoadChevron Corporation (CVX - Free Report) and EOG Resources Inc. (EOG - Free Report) , both having robust balance sheets, can also sail through an unfavorable business environment on their strong financials. While CVX has a debt-to-capitalization of 15.94%, EOG’s debt-to-capitalization is 19.92%.

XOM’s Price Performance, Valuation & EstimatesShares of XOM have gained 39.6% over the past year compared with the industry’s 35.8% growth.

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From a valuation standpoint, XOM trades at a trailing 12-month enterprise value to EBITDA (EV/EBITDA) of 8.84X. This is above the broader industry average of 5.59X.

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The Zacks Consensus Estimate for XOM’s 2026 earnings has seen upward revisions over the past 30 days.

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ExxonMobil currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Arthur Hayes put a staggering price target on Bitcoin and staked a portfolio to prove it, but a rival investor says the exact policy move Hayes is counting on is already collapsing under bond market pressure.

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Bitcoin (CRYPTO:BTC) traded around $79,402 on Aug. 27. The coin is up nearly 22% over the past month and up more than 3% over the past week, yet still down more than 9% over one year from a start price of $111,788.01.

Into that chop, Arthur Hayes went on The Pomp Podcast and put a number on the table. “You’re going to look up and see Bitcoin at $250,000. Like what happened there wasn’t really a financial crisis,” he said, arguing the move happens purely because Washington, Tokyo, Beijing and Brussels keep printing. He backs it with a portfolio ten times heavier in Bitcoin than gold, plus positions in gold miners and Exxon Mobil (NYSE:XOM | XOM Price Prediction).

The catch: hours earlier, investor Peter Boockvar told CNBC the exact policy plumbing Hayes is trading on is already breaking. Boockvar said Treasury Secretary Scott Bessent cannot overpower the bond market with yield-curve moves. So can Bitcoin actually triple from here without a crisis?

What $250,000 Bitcoin Would Actually Mean A three-fold move from $79,402 is not a repeat of prior cycles. Circulating supply has grown across every halving, which means the same nominal price implies a larger market capitalization than it did the last time Bitcoin ran. Current circulating-supply and ETF-flow figures would sharpen that math, but the directional point stands. What we can anchor is the price action: Bitcoin’s previous cycle high sat above $111,000 one year ago. A print at $250,000 would require clearing that prior high and then adding more than the entire 2024 rally on top of it, in a market where the coin is still down 10.17% year to date.

Catalysts and Their Measurable State Today Money Printing and the Bessent Bond Plan Hayes’s entire thesis is liquidity. “The next leg up is just money printing and there’s just excess credit flushing around and it’ll get allocated to crypto,” he said. He expects it to be “a very slow and steady stair step higher.”

The measurable state today does not match a flood. The Federal Funds target rate upper bound sits at 3.75% and has been unchanged for a month. M2 money supply is at $23.22 trillion, up 0.4% from a month ago. The 10-year Treasury yield is 4.70%, and the 30-year sits at 5.17%, near cycle highs. That is the exact evidence Boockvar leans on: if the Treasury were successfully suppressing long rates, the long end would not be printing 5-handles. Hayes himself concedes Bessent’s recent $20 billion bond buyback upsizing was “irrelevant in terms of size” and argues the escalation still has to come.

Risk Appetite and the Recent Rebound The one catalyst Hayes has going for him is momentum. Bitcoin has moved from a close of $64,681.33 on Aug. 18 to closes above $78,000 by Aug. 24 through Aug. 26, with unusually heavy volume on Aug. 19, 20 and 21. The VIX sits at 15.45, down 16.8% from a month ago. That is the calm backdrop a stair-step higher would need. Ether (CRYPTO:ETH), which Hayes also flagged for a “hated rally,” is at $2,476.75, still down 46.85% over one year and down 25.16% over five years. The rebound is real. The base it is rebounding from is deep.

Can Bitcoin Hit $250,000 Without a Crisis? Our view is that Bitcoin has a low probability of reaching $250,000 on the timeline Hayes implies, and the reason is the exact policy channel he is counting on. For the call to work, the following has to happen in order. First, Bitcoin has to reclaim its prior cycle high above $111,000. Until that level is taken and held, $250,000 is not a conversation, it is just a slogan. Second, the long end of the Treasury curve has to break lower while the Fed cuts, which is the setup Hayes needs and the setup Boockvar says the market will not deliver. With the 30-year at 5.17% and core PCE at a new high of 130.658 on July 1, 2026, the Fed does not have the cover to print aggressively without reigniting inflation.

If Bessent cannot pull long yields down, the “slow and steady stair step” stalls. In that case, Bitcoin retraces toward its August base near $63,000 to $65,000, and the $250,000 call becomes a next-cycle story, not a this-cycle one.

The falsifiable trigger: Watch the 30-year Treasury yield and the $111,788 Bitcoin level. If the 30-year breaks below 5% while Bitcoin closes above its prior high, Hayes is winning the argument. If the 30-year holds above 5% into year-end and Bitcoin cannot clear $111,000, the plan behind the $250,000 target is failing in real time.

Contact [email protected] for any questions or corrections.

The ongoing conflict in Iran has sent oil prices soaring, and ExxonMobil (XOM +0.17%) stock has surged. Since the start of the year, the oil and gas stock has gained 33%.

Amid ongoing geopolitical uncertainty, Brent Crude still trades near $90 per barrel. Despite the elevated oil prices and the prospect of a ceasefire, I wouldn't sell ExxonMobil stock. Here's why.

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ExxonMobil posted stellar second-quarter results ExxonMobil, with its massive integrated oil and gas business, has done quite well amid elevated oil and fuel prices. In the second quarter, Exxon's production (excluding the Middle East) reached its highest level in two decades, at 4.1 million barrels of oil equivalent per day.

During the period, the company's cash flow from operations exceeded $23 billion, while free cash flow exceeded $17 billion. This free cash flow helps fund share buybacks and dividends, as well as capital for investment opportunities. ExxonMobil returned $9.4 billion to shareholders in the quarter, including $4.3 billion in dividends.

Image source: The Motley Fool.

The oil and gas giant has laid the foundation for long-term growth While near-term results were excellent, ExxonMobil is building for the long haul. Over the past several years, ExxonMobil has taken steps to improve its efficiency and profitability. As part of this, the company has invested in low-cost assets, predominantly in the Permian Basin. The company is also investing in technology to improve extraction abilities, boosting production while lowering costs.

As a result, ExxonMobil targets a breakeven point of $35 per barrel in its Permian assets by 2027 and a $30 breakeven point by 2030. In Q2, Permian production reached a record of over 1.8 million oil-equivalent barrels per day. The company projects volume here to grow 9% compounded annually through 2030.

ExxonMobil has taken steps to improve efficiency, and its low breakevens make it an appealing stock, even if oil prices decline from here. That, and its 43-year streak of growing dividends, make ExxonMobil an attractive energy stock for long-term investors.

Exxon Mobil
XOM -0.64% 76

, the integrated oil-and-gas titan, dropped approximately 1.3% to $162.97 Monday afternoon as crude sank more than 2%. Oil had rallied for two straight weeks as pressure on Iranian exports and restricted Gulf shipping tightened the supply outlook. Then the trade snapped back. The geopolitical premium was real—but never permanent.

Exxon's operating engine remains brutally strong. The company delivered second-quarter operating cash flow of $23.6 billion and free cash flow of $17.2 billion, powered by record Permian production and a massive refining network. That scale gives Exxon several ways to win. It does not need every barrel of oil to carry a crisis premium.

The valuation is where investors should stay sharp. Exxon's $162.97 share price sits 29.24% above its $126.10 GF Value estimate, signaling that plenty of strength may already be priced in. Sanctions could squeeze supply and reignite crude overnight. Weaker demand or diplomatic progress could unwind the premium just as quickly. Exxon can absorb an oil selloff better than most—but its stock will still feel the hit.

Check the Warning Signs for

XOM

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Key Takeaways XOM's fifth Guyana FPSO is on track for production in Q4 2026, adding 250,000 Bbl/d of capacity.XOM is advancing a potential ninth FPSO for 2031, while AI exploration identified four more opportunities.XOM's Guyana free cash flow is expected to double by 2030, supported by production growth and capital savings. ExxonMobil Holdings Corporation (XOM - Free Report) is an energy giant with major upstream operations in the Permian Basin, the most prolific basin in the United States and offshore Guyana’s Stabroek Block. Both the Permian and Guyana are among the company’s advantaged assets, supporting stronger unit profitability and long-term production growth. In Guyana, XOM expects free cash flow in 2030 to be about twice the 2025 level, while investment recovery has accelerated by roughly two years, excluding price effects. The improvement was driven by higher-than-expected production and capital spending savings relative to funding commitments.

The cash-flow outlook is supported by continued production expansion in Guyana. ExxonMobil’s fifth floating production storage and offloading (FPSO) is on track to begin production in the fourth quarter of 2026, adding 250,000 barrels per day (Bbl/d) of capacity. The company is progressing a ninth FPSO toward a 2031 startup, while artificial intelligence (AI)-powered exploration has identified four additional opportunities. Meanwhile, the first four FPSOs are producing roughly 100,000 barrels per day above their investment basis, with year-to-date reliability at 98%.

XOM and its co-venturers have invested more than $55 billion in Guyana exploration and development since 2014, with cost recovery capped at 75% of production. Guyana receives a 2% royalty, while the remaining production is shared equally between the country and the co-venturers. Although ExxonMobil expects Guyana net entitlement to decline by about 100,000 barrels per day in the third quarter, its 2030 upstream production guidance remains unchanged, supporting the longer-term cash-flow growth outlook.

Other Guyana-Exposed Energy CompaniesChevron Corporation (CVX - Free Report) has direct exposure to Guyana through its 30% interest in the ExxonMobil-operated Stabroek Block, acquired with Hess, giving the company access to one of the industry’s major long-term production growth areas. As additional Guyana developments and FPSOs come online, Chevron expects the asset to extend high-margin oil growth into the 2030s. Thus, rising Stabroek production should make Guyana an increasingly important production and cash-flow contributor for CVX, although future benefits will remain sensitive to commodity prices and project execution.

TechnipFMC plc (FTI - Free Report) is another energy company exposed to Guyana’s expansion through subsea work supporting ExxonMobil’s Stabroek developments. As XOM and its partners continue developing additional Guyana resources, FTI is expected to see sustained demand for its subsea equipment, engineering and integrated project capabilities, allowing the company to participate indirectly in Guyana’s expanding production and cash-flow ecosystem.

Overall, Guyana’s expanding offshore development should not only strengthen ExxonMobil’s cash-flow potential but also provide Chevron with growing production exposure and TechnipFMC with continued subsea project opportunities as the basin moves through its next phase of development.

XOM’s Price Performance, Valuation & EstimatesExxonMobil shares have risen 47.8% over the past year compared with the industry’s 42% growth.

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From a valuation standpoint, XOM trades at a trailing 12-month enterprise-value-to-EBITDA (EV/EBITDA) of 9.21X. This is above the broader industry average of 5.79X.

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The Zacks Consensus Estimate for XOM's full-year 2026 earnings has remained constant over the past seven days. Meanwhile, estimates for third-quarter and fourth-quarter 2026 earnings have seen upward revisions.

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XOM currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

In rural west Texas where oil rigs and pump jacks dot the sparse flat ​landscape, an ExxonMobil (XOM.N) contractor sits in a small office on a drilling rig, using controls on a screen to operate robotic ‌machinery and move tall steel pipes weighing roughly 2,000 pounds.

This work would usually require human overseers standing on the rig floor, the most common location for accidents on a rig.

Exxon, the largest oil producer by volume in the U.S., operates more than 30 drilling rigs in the Permian Basin, two of which are automated rigs with robotic equipment. By 2028, the company ​aims to transition half of its fleet to automated rigs to reduce the need for workers to perform potentially dangerous work and increase ​efficiency to drill wells faster, an executive told Reuters.

The Permian Basin in Texas and New Mexico, the biggest U.S. ⁠oilfield, revolutionized energy markets two decades ago when development of the shale basin turned the U.S. into one of the leading oil-producing countries. But the relatively ​quick decline rate of shale wells has prompted drillers to develop more technologies to extract the oil. Some in the industry are also concerned about when the ​Permian's production could begin to decline.

Exxon plans to grow its Permian production by almost 40% to 2.5 million barrels of oil equivalent per day by 2030. By contrast, rival oil major Chevron plans to hold production steady at about 1 million boepd, focusing instead on free cash flow.

The automated drilling rigs are part of a combination of technologies and strategies Exxon ​is using to boost production, said Bart Cahir, Exxon's senior vice president of unconventionals, in an interview on the rig.

"When we take people off the ​rig floor, those same individuals are now able to think ahead and plan for the next operation and that combination gives us efficiency," he said. "This is the productivity play."

The ‌company installed ⁠its first automated rig, supplied by drilling contractor Helmerich & Payne (HP.N), last year. It drilled two miles horizontally underground in a little over six days, the third fastest time in Exxon's history.

Exxon's use of automated rigs in the Permian and its goal of expanding the fleet has not been previously reported.

REDUCING RISK AND DRILLING MORE
On one of Exxon's automated rigs in Midland, a gate surrounds the drilling floor with a sign reading "Red Zone: Restricted Area." A drawing of the Grim Reaper illustrates the ​risk that workers face around heavy ​equipment and pressurized systems.

Where workers would ⁠usually help move columns of drill pipe over two stories tall, robotic arms now position the pipes and connect them to a drill string. This allows drilling to continue deeper into the wellbore.

Employees on the rig communicate with Exxon's ​central operations team in Houston to determine the precise movements the robotic system should make.

Removing workers from the so-called ​Red Zones allows ⁠them to focus on other operations on the rig and reduces variability in the work, meaning more feet per day can be drilled, Cahir said.

"In the history of well drilling activity, about a third of significant injuries that occur happen on the rig floor," he said. "By getting people out of that higher risk area, we're essentially ⁠eliminating that risk."

Exxon ​plans to expand automated rigs to a quarter of the fleet next year and then ​half of the fleet by 2028, Cahir said.

Exxon is also developing a suite of more than 40 technologies to double its oil recovery from the Permian by the early 2030s. The shale ​industry typically extracts just 10% of the oil in the ground due to the tight, compacted rock.

U.S. ​oil major ExxonMobil (XOM.N) suspended operations at ‌a facility off the coast of Guyana after a laundry-room fire broke out ​on a floating vessel, Bloomberg ​News reported on Sunday, citing a ⁠company statement.

According to the report, the ​fire on the Liza Unity floating ​production, storage and offloading vessel was quickly extinguished, but crude offloading was affected by the ​temporary halt.

ExxonMobil did not immediately respond ​to a Reuters request for comment outside regular ‌business ⁠hours.

Operations were suspended as part of the company's established safety response and will resume following completion of the ​necessary checks, ​the ⁠report said.

All staff aboard the ship were safe and accounted ​for, it added.

According to recent ​government ⁠data, the Exxon Mobil consortium's oil output in Guyana reached 895,000 barrels per ⁠day ​in May and 869,000 ​bpd in June.

ExxonMobil (XOM -0.63%) recently warned Kazakhstan that the Central Asian nation's largest oil field, Tengiz, will hit its production peak next year. Worse yet, output from the field will begin to decline. Exxon estimates it will fall nearly 40% by 2035 to around 500,000 barrels per day (bpd). That also has implications for Chevron, as it helped develop the field through its 50% interest in the Tengizchevroil (TCO) partnership.

However, while Tengiz is about to plateau and decline, that's not a crisis for ExxonMobil. Here's why.

Image source: The Motley Fool.

There's more in the tank in Kazakhstan Even though output at Tengiz is about to peak and start declining, Exxon has another opportunity in Kazakhstan: Kashagan. The giant offshore field in the Caspian Sea is operated by a partnership that includes Exxon, Shell, TotalEnergies, and others. Exxon sees the potential for an $80 billion joint investment to develop the western part of the field. This expansion could produce up to 600,000 bpd.

However, the field is part of a long-running dispute between Kazakhstan and the operating consortium. Kazakhstan levied a $5 billion environmental fine that the field's operator hasn't paid. Additionally, the government says the partners owe it $150 billion for lost revenue due to development delays, a claim currently before international arbitration. Exxon and its partners won't invest the capital needed to boost production in this field until they resolve the dispute with the government.

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Exxon has plenty more growth elsewhere Kashagan is far from Exxon's only potential growth driver. The oil giant is currently investing $100 billion through 2030 on major capital projects. These investments will grow its oil and gas production from 4.7 million bpd last year to 5.5 million bpd by 2035. Major growth drivers include Guyana, LNG, and the Permian Basin.

The company expects to double its production in the Permian Basin alone by 2030 to about 2.5 million bpd. It recently signed new 20-year, fee-based integrated midstream agreements with Targa Resources (TRGP -1.04%) to support its growth in the Permian in the coming years. Targa will build three new natural gas processing plants to support Exxon's development in the region and is evaluating five additional plants. It's also building a new 70-mile gas pipeline to support Exxon's growth. Targa plans to start operations on this new infrastructure by the first half of 2028.

Meanwhile, Exxon recently awarded $1.1 billion in pre-investment contracts for equipment for the Rovuma LNG project in Mozambique. The company is on track to make a Final Investment Decision on the potential $30 billion project by the end of this year. Exxon could also approve an LNG project in Papua New Guinea by the end of this year. These projects will help drive growth beyond 2030.

Exxon's growth engine isn't running low on fuel While production at one of Exxon's major oil fields is about to peak and start declining, that's not a crisis for the oil giant. It has another potential major project in Kazakhstan in the pipeline. On top of that, it has visible growth in the Permian, two more LNG projects in the works, and many other opportunities worldwide. While there are risks associated with both Kashagan and Rovuma (the latter has been delayed by regional violence since 2021), Exxon's diversified growth pipeline helps mitigate these risks. Exxon's multiple long-term growth drivers make it one of the top oil stocks to buy.

It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.

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What are the Zacks Style Scores? The Zacks Style Scores, developed alongside the Zacks Rank, are complementary indicators that rate stocks based on three widely-followed investing methodologies; they also help investors pick stocks with the best chances of beating the market over the next 30 days.

Each stock is given an alphabetic rating of A, B, C, D or F based on their value, growth, and momentum qualities. With this system, an A is better than a B, a B is better than a C, and so on, meaning the better the score, the better chance the stock will outperform.

The Style Scores are broken down into four categories:

Value ScoreFor value investors, it's all about finding good stocks at good prices, and discovering which companies are trading under their true value before the broader market catches on. The Value Style Score utilizes ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to help pick out the most attractive and discounted stocks.

Growth ScoreGrowth investors are more concerned with a stock's future prospects, and the overall financial health and strength of a company. Thus, the Growth Style Score analyzes characteristics like projected and historic earnings, sales, and cash flow to find stocks that will see sustainable growth over time.

Momentum ScoreMomentum trading is all about taking advantage of upward or downward trends in a stock's price or earnings outlook, and these investors live by the saying "the trend is your friend." The Momentum Style Score can pinpoint good times to build a position in a stock, using factors like one-week price change and the monthly percentage change in earnings estimates.

VGM ScoreIf you like to use all three kinds of investing, then the VGM Score is for you. It's a combination of all Style Scores, and is an important indicator to use with the Zacks Rank. The VGM Score rates each stock on their shared weighted styles, narrowing down the companies with the most attractive value, best growth forecast, and most promising momentum.

How Style Scores Work with the Zacks Rank The Zacks Rank is a proprietary stock-rating model that harnesses the power of earnings estimate revisions, or changes to a company's earnings expectations, to help investors build a successful portfolio.

Investors can count on the Zacks Rank's success, with #1 (Strong Buy) stocks producing an unmatched +23.94% average annual return since 1988, more than double the S&P 500's performance. But the model rates a large number of stocks, and there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day.

But it can feel overwhelming to pick the right stocks for you and your investing goals with over 800 top-rated stocks to choose from.

That's where the Style Scores come in.

You want to make sure you're buying stocks with the highest likelihood of success, and to do that, you'll need to pick stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B. If you like a stock that only has a #3 (Hold) rank, it should also have Scores of A or B to guarantee as much upside potential as possible.

Since the Scores were created to work together with the Zacks Rank, the direction of a stock's earnings estimate revisions should be a key factor when choosing which stocks to buy.

For instance, a stock with a #4 (Sell) or #5 (Strong Sell) rating, even one that boasts Scores of A and B, still has a downward-trending earnings forecast, and a much greater likelihood its share price will decline as well.

Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.

Stock to Watch: Exxon Mobil Holdings (XOM - Free Report) Over the past decade, ExxonMobil has undergone a significant transformation, reshaping its business to adapt to evolving energy demands, financial discipline and environmental considerations. Traditionally reliant on oil and gas, the company has streamlined operations and focused capital on high-return, low-cost projects. ExxonMobil has achieved nearly $15.6 billion in structural cost savings since 2019, strategically enhancing its earnings power and improving cost efficiency.

XOM is a #3 (Hold) on the Zacks Rank, with a VGM Score of A.

Momentum investors should take note of this Oils-Energy stock. XOM has a Momentum Style Score of A, and shares are up 5.9% over the past four weeks.

For fiscal 2026, three analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.52 to $11.75 per share. XOM boasts an average earnings surprise of +2.4%.

With a solid Zacks Rank and top-tier Momentum and VGM Style Scores, XOM should be on investors' short list.