Exxon Mobil Corp (XOM) Quote

I may have to pool my funds with big momma and buy enough shares to take this chit over

Big Momma ready for XOM Oil Wrestling Party!

Great time to buy boys

Is it buy time again? Let’s party Exxon

ExxonMobil (XOM), Petronas Strike Major Find Offshore Suriname
By: Zacks Investment Research | May 21, 2024

ExxonMobil Corporation XOM and Production Suriname, an affiliate of ExxonMobil, alongside Petronas Suriname E&P, a subsidiary of Malaysia’s Petronas, have announced a significant hydrocarbon discovery in Block 52 offshore Suriname. This marks the third significant find in the block since 2020, further solidifying the potential of the Suriname-Guyana basin for substantial oil and gas reserves.

Details of the Discovery

The Fusaea-1 exploration well, located approximately 170 kilometers offshore and 9 kilometers east of the Roystonea-1 discovery, was drilled to a depth of 5,227 meters by the Noble Voyager drillship. The well encountered multiple oil and gas-bearing sandstone reservoirs from the Campanian age. Remarkably, the drilling operation achieved this milestone with zero Lost Time Incidents.

Petronas and ExxonMobil are conducting further evaluations to determine the full extent of the discovery and its potential integration with previous finds, Roystonea-1 and Sloanea-1.

Statements from Petronas Leadership

Datuk Adif Zulkifli, Petronas’ executive vice president and CEO of Upstream, emphasized the importance of the Fusaea-1 results, stating that they solidified Petronas’ position in Suriname's hydrocarbon resources, building on previous discoveries in the region.

Petronas’ vice president of Exploration, Mohd Redhani Abdul Rahman, noted that the success of Fusaea-1 reflects advancements in their understanding of the area, further enhancing the potential for oil and gas development in Block 52.

Operational and Strategic Developments

Covering an area of 4,749 square kilometers, Block 52 is situated north of Paramaribo, Suriname’s capital. Petronas operates the block with a 50% participating interest, while ExxonMobil holds the remaining stake. This partnership underscores the strategic importance of the Suriname-Guyana basin for future energy development.

In July 2023, Petronas awarded a drilling contract to Noble Corporation's Noble Discoverer rig, initially slated to commence in August 2023. However, the drilling responsibilities were later transferred to the Noble Voyager rig in January 2024. Petronas has since exercised an extension option to continue drilling another well in Block 52 at a daily rate of $470,000.

Beyond Block 52, Petronas operates Block 48 and Block 63 with a 100% interest and holds a 30% non-operating interest in Block 64. The company remains committed to its exploration and production activities in the region while pursuing new energy projects globally.

Broader Implications

This discovery is part of a broader strategy by both ExxonMobil and Petronas to expand their hydrocarbon portfolios in key regions. Petronas recently signed a new production-sharing contract and extended an existing one off the coast of Indonesia, aiming to increase its hydrocarbon output. In 2023, Petronas and its partners achieved 19 exploration discoveries and two appraisal successes in Malaysia, highlighting its robust exploration capabilities.

The continued success in Suriname’s Block 52 not only boosts Petronas’ and ExxonMobil’s resource base but also reinforces the Suriname-Guyana basin's status as a major emerging hydrocarbon province. The ongoing exploration and development efforts in this region are expected to contribute significantly to the global energy supply, meeting increasing demands and supporting energy security.

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Oil & Gas Stock Exxon Mobil (XOM) for Options Bulls
By: Schaeffer's Investment Research | May 17, 2024

• XOM has seen a cup & handle pullback to support

• There is plenty of pessimism surrounding the stock

Energy giant Exxon Mobil Corp (NYSE:XOM) has seen a cup and handle pattern pullback to the 50-day moving average, into 2023 zone highs and is currently pushing back above its September peak. The 115 call level will be cut by 50% in the May standard expiration series, potentially releasing price action to move higher.



At the International Securities Exchange (ISE), Cboe Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX), the security’s 50-day put/call volume ratio comes in the 95th annual percentile, leaving ample room for bears to unwind and push shares higher. Analysts have ample room for upgrades too, with seven in coverage sporting a tepid "hold" recommendation.

Options are looking affordable, too, per the stock’s Schaeffer’s Volatility Index (SVI) of 15%, which ranks in the lowest percentile in the last 12 months. Our recommended call option has a leverage ratio of 14.04, and will double on a 6.83 rise in the underlying security.

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"Memorial Day Travel Expected to Near Record High"

https://oilprice.com/Energy/Energy-General/Memorial-Day-Travel-Expected-to-Near-Record-High.html

Exxon $XOM about to hit the gas?
By: TrendSpider | May 12, 2024

• Exxon about to hit the gas? $XOM



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He meant $197.

How is that $97 coming? Bwahaaaaaaaa

I tode you boys. Lol. Yeaaaaaa. Here we gooo

If the energy sector can see a rebound this month, this Exxon bull flag looks like a real winner. $XOM
By: TrendSpider | May 7, 2024

• If the energy sector can see a rebound this month, this Exxon bull flag looks like a real winner. $XOM



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Loaded more of these cheapies man,

https://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=XOM&insttype=Stock

Here bruh """"The stock has run up 21.4% year to date through Thursday, while the Energy Select Sector SPDR ETF (XLE) has climbed 15.3% and the S&P 500 has gained 5.8%"""""

Exxon Mobil's stock falls after profit and production drop below forecasts
By: MarketWatch | April 26, 2024

Earnings took a hit from falling refining margins and natural-gas prices and as costs rose while revenue declined

Shares of Exxon Mobil Corp. dropped Friday, after the oil and gas giant reported first-quarter profit and production that fell below forecasts, even as revenue beat expectations by a wide margin.

Also weighing on the bottom-line, overall costs and other deductions increased, while revenue declined.

The stock (XOM) slumped 1.2% in premarket trading, putting it on track to snap a five-day win streak.

Net income dropped to $8.22 billion, or $2.06 a share, from $11.43 billion, or $2.79 a share, in the same period a year ago, as industry refining margins declined and natural-gas realizations sank 32%.

Revenue fell 4% to $83.08 billion, above the FactSet consensus of $79.69 billion.

Meanwhile, total costs and other deductions rose 1.4% to $70.71 billion, as crude oil and product purchases rose 3.5% to $47.6 billion and depreciation and depletion increased 13.4% to $4.81 billion, while production and manufacturing expenses fell 3.7% to $9.09 billion.

Within upstream volumes, production fell 1.2% to 3,784 thousand oil-equivalent barrels per day (koebd) to miss the FactSet consensus of 3,810 koebd.

Net production of crude oil, natural gas liquids, bitumen and synthetic oil rose 2.5% to 2,557 thousand barrels of oil per day while net natural gas production available for sale declined 8.2% to 7,362 million cubic feet per day.

The stock has run up 21.4% year to date through Thursday, while the Energy Select Sector SPDR ETF (XLE) has climbed 15.3% and the S&P 500 has gained 5.8%.

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Bubba, $97 is long gone. Sorry you missed out. Me and fat momma getting rich

Yep, I am rolling fat momma in the flour right now Finda get busy. Lol

Exxon Mobil $XOM is currently trading at new ALL TIME HIGHS
By: Evan | April 5, 2024

• Exxon Mobil $XOM is currently trading at new ALL TIME HIGHS.



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XOM new 52 hi

hey bruh, we getting rich while you go broke

No I won't, you silly crow. I just bought a 5lb bag fries and onion rings From Costco.

Hi Big Momma and Pepe, you guys are having so much fun. B careful pepe, Big Momma will take your french fries when you are not looking..

Big Momma got new space suit all ready.

Lesss gooooo fat momma, weeeeeee toooo daaaa moooon

Get drunk with good food and deserts. XOM Big Oil Party!

Let’s get drunk biggie

Big Momma likes Big Oil Party!

Big bags of fun wink wink

XOM is Big Fun!

Up pre market. Me and old big momma going two stepping. Weeeeeeee

Let’s go big momma. Weeeeeee

The XOM Big Fun has only just started.

I have not had this much fun since momma got her boob hung in the washing machine ringer

Big Fun here at XOM!

Looking good here big momma. Old bunda is missing out.

Big Momma likes oil parties

Chee chee chee. Lesgo xom

ExxonMobil (XOM), Shell Partner With Singapore for CCS Project
By: Zacks Investment Research | March 11, 2024

Exxon Mobil Corporation XOM and Shell plc SHEL have announced a partnership with the Singapore government to develop a cross-border carbon capture and storage
CCS
project.

The collaboration aims to significantly reduce Singapore's carbon dioxide (CO2) emissions, marking a pivotal step in the country's decarbonization journey.

The Singapore-based units of these energy giants — ExxonMobil Asia Pacific Pte. Ltd. and Shell Singapore Pte. Ltd. — have established the S-Hub consortium to lead the development of this CCS initiative. The project underscores a proactive approach to addressing the environmental challenges posed by greenhouse gas emissions.

In December 2023, the S-Hub consortium and the Singapore Economic Development Board solidified their commitment by signing a memorandum of understanding. The agreement outlines their collaboration in planning and developing a CCS project that promises to capture and permanently store at least 2.5 million tons of CO2 annually by 2030.

The project, set to commence in 2030, targets capturing and storing CO2 emissions from various sectors within Singapore, either underground or beneath the seabed. The selection of storage sites will be based on rigorous analysis to ensure their suitability and effectiveness in long-term carbon storage.

This CCS initiative is particularly significant for Singapore, a nation seeking decarbonization solutions for sectors with hard-to-abate emissions like energy and chemicals, power, and waste management. Carbon capture and storage technology is seen as a crucial pathway to achieve substantial emission reductions in these areas.

The collaboration between ExxonMobil, Shell and the Singapore government is part of a broader strategy to develop a portfolio of decarbonization measures. These efforts are aimed at meeting the nation's climate change targets and contributing to global sustainability goals.

Zacks Ranks & Stocks to Consider

ExxonMobil currently carries a Zacks Rank #3 (Hold).

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Big Momma likes Big Fun!

We be rollin here man. Way to go Big Momma

Big Momma likes oil

Bubba, I tode you to get it, set it, and forget it. This one is gold man.

4 Magnificent Stocks to Buy That Are Near 52-Week Lows
By: The Motley Fool | February 28, 2024

Industrial and energy companies can be challenging to follow because their businesses can have big ups and downs based on the economy, interest rates, or commodity prices.

Sometimes, it's best to buy these companies on weakness when things aren't going well, anticipating that another upswing will eventually come. Importantly, these companies must be financially built for the tough times.

Here are four fantastic industrial and energy stocks with rock-solid fundamentals, all trading near their 52-week lows today.

1. ExxonMobil

Energy giant ExxonMobil (NYSE: XOM) is a fixture in fossil fuels. The company explores for, extracts, refines, and sells oil and gas products. ExxonMobil enjoyed banner years in 2022 and 2023, but the stock is near its 52-week lows due to weakness in commodity prices. The price of oil has retreated from triple-digits to between $70 and $80 per barrel. While refining margins improve when oil prices drop, the exploration business is too big to offset falling oil prices.

The good news is that ExxonMobil is financially sound. The company has $31 billion in cash on its balance sheet against $41 billion in total debt, resulting in just $10 billion net debt. Investors can enjoy a solid 3.6% dividend yield at the current share price, and the company has raised its dividend for 41 consecutive years, showing it's endured multiple industry ups and downs.

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waiting for 97 again

Weeeeeeeee. Away we go

shit keeps going down after 104. now have to day trade it

Badabing

bruh, i tode you, it always comes right back up and your divi never changes. It is always there

everytime it goes to 103 it comes right bacj down. i am goingbto buy and sell based on this trend