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Trump Holds the Line on Iran: No Sanctions Relief as Oil Slides Below $89
24/7 Wall St.119d agoneutral
Trump Holds the Line on Iran: No Sanctions Relief as Oil Slides Below $89

President Trump told Fox Business this week he would hold the line on Iran sanctions. “No we’re not talking about easing of sanctions, or giving them money, no sanctions no money, no nothing, they are starting to give us what they have to give us, if they do, that is great if they won’t, man ... Trump Holds the Line on Iran: No Sanctions Relief as Oil Slides Below $89

IXC climbed 52% in a year but income investors face a reckoning
24/7 Wall St.120d agoneutral
IXC climbed 52% in a year but income investors face a reckoning

The iShares Global Energy ETF (NYSEARCA:IXC) pays a semi-annual distribution that swings between feast and famine depending on crude oil prices. IXC’s latest payment of $0.848062 in December 2025 brought the trailing yield to roughly 3.7%, a number that looks reliable until you remember the fund cut its June 2025 payout to $0.696557 from $0.897665 ... IXC climbed 52% in a year but income investors face a reckoning

Occidental Petroleum vs Exxon Mobil: The Better Oil Titan For 2026
24/7 Wall St.120d agoneutral
Occidental Petroleum vs Exxon Mobil: The Better Oil Titan For 2026

Occidental Petroleum (NYSE:OXY) and Exxon Mobil (NYSE:XOM) just closed earnings chapters that read like opposite playbooks. Occidental wrapped fiscal 2025 by selling its chemicals arm to Berkshire and shrinking into a focused driller. Exxon opened Q1 2026 by loading its first Golden Pass LNG cargo and buying back nearly $5 billion in stock. With WTI ... Occidental Petroleum vs Exxon Mobil: The Better Oil Titan For 2026

Mizuho Increases 2026 and 2027 Oil Price Outlooks, Lifts Exxon Mobil (XOM) Target
Insider Monkey120d agoneutral
Mizuho Increases 2026 and 2027 Oil Price Outlooks, Lifts Exxon Mobil (XOM) Target

Exxon Mobil Corporation (NYSE:XOM) is included among the 10 Safe Stocks to Buy for the Long Term in 2026. On May 27, Mizuho raised the firm’s price recommendation on Exxon Mobil Corporation (NYSE:XOM) to $175 from $159. It reiterated a Neutral rating on the shares. The firm said it expects the impact of the Iran […]

Exxon Mobil’s Haimara Project In Guyana And What It Means For XOM
Simply Wall St.120d agoneutral
Exxon Mobil’s Haimara Project In Guyana And What It Means For XOM

Exxon Mobil (NYSE:XOM) is advancing its ninth major oil project in Guyana, the Haimara development, within the Stabroek block. The Haimara project will undergo a full Environmental Impact Assessment, signaling extensive regulatory review. This move expands Exxon Mobil’s Guyanese portfolio, which the company views as a key part of its long term production plans. For investors watching NYSE:XOM, the Haimara development adds another large project to Exxon Mobil’s core offshore Guyana business,...

Exxon Shareholders Approve Moving Legal Home to Texas
The Wall Street Journal121d agoneutral
Exxon Shareholders Approve Moving Legal Home to Texas

Exxon Mobil won shareholder approval Wednesday to move its legal home to Texas after CEO Darren Woods pitched the state as one with lawmakers, judges and juries that better understand the oil business. “The board believes that kind of familiarity will lead to more reasonable, productive decisions from Texas officials and citizens, which is critical for the long-term success of the company,” Woods told investors. At Exxon’s annual meeting, shareholders voted 71.3% in favor of the resolution to reincorporate in Texas.

Stocks Mixed Awaiting Fresh Iran News
Barchart121d agoneutral
Stocks Mixed Awaiting Fresh Iran News

The S&P 500 Index ($SPX ) (SPY ) today is down -0.07%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.54%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.44%. June E-mini S&P futures (ESM26 ) are down -0.07%, and June E-mini Nasdaq futures...