엑손 모빌 코퍼레이션(Exxon Mobil Corporation)은 국내 사업과 해외 영토 전역에서 석유 및 천연가스 자원을 탐사하고 개발·추출하는 글로벌 에너지 기업입니다. 회사는 방대한 활동을 ...
변동성 큰 원유 시장에서 엑손 모빌(Exxon Mobil, XOM)과 코노코필립스(ConocoPhillips, COP)는 2026년 1분기 실적을 발표했으며, 엑손은 통합 모델과 강한 정제 마진을 바탕으로 탄력성을 보여줬다. 반면 코노코필립스는 비용 관리와 주주들에게 현금 환원을 강조했다. 이 글은 유가가 계속 출렁일 경우 엑손 모빌이 은퇴자를 위한 더 나은 배당주라고 제안한다. 이는 다각화와 배당 성장 연속 흐름 덕분이다. 다만, WTI가 $85를 상회하는 수준에서 마무리되면 코노코필립스가 원유 반등에 대해 더 큰 영업 레버리지를 제공한다고 덧붙인다.
엑손모빌은 2024년과 2025년 회계연도에 걸쳐 1,000억 달러가 넘는 영업 현금흐름을 창출했으며, 이를 통해 상당한 배당과 자사주 매입을 가능하게 했다. 회사의 성장 전략은 페름( Permian )과 가이아나 같은 ‘어드밴티지 자산’에 초점을 맞추고 있고, 골든 패스 LNG(Golden Pass LNG) 프로젝트는 미국의 LNG 수출을 크게 늘릴 것으로 예정돼 있다. 탄탄한 재무구조와 43년 연속 성장으로 뒷받침되는 3% 배당수익률 덕분에 XOM은 장기·은퇴 중심 투자자에게 여전히 매력적인 종목으로 거론된다.
엑손모빌 홀딩스(ExxonMobil Holdings, NYSE:XOM)는 2026년 2분기에 추정치 기준 50억 달러 이익 증가를 보고했는데, 이는 정제 타이밍 효과와 상류(upstream) 가격의 이점에 힘입은 것이다. 다만, 차질로 인해 이익이 10억 달러 하락해도 그 영향이 있었다. 그러나 주가는 금요일 기준 약 116억 달러의 가치가 하락하며, 예상 분기 이익 증가분의 두 배 이상을 지워버렸다. 시장의 반응은 투자자들이 이번 이익 급증이 잠시 반짝일 가능성이 있거나 회계와 연관됐다고 본 것으로 보인다. 이번 주에는 경쟁사인 셰브론(Chevron)과 옥시덴탈 페트롤리움(Occidental Petroleum)이 더 나은 성과를 보였다.
월가 애널리스트들은 대체로 도미니언 에너지(D) 주식에 대해 ‘보유(hold)’ 등급을 매기고 있으며, 평균 목표가는 70달러로 현재 주가와 사실상 비슷하다. 이는 도미니언 에너지가 넥스트에라 에너지(NextEra Energy)로부터 668억 달러에 인수되기로 합의한 상황에서도 그렇다. 하지만 TIKR의 모델은 2030년 12월까지 93달러 목표, 총수익률 33%를 전망하는데, 이는 인수합병이 규제상의 허들을 성공적으로 통과한다는 가정에 기반한다. 이번 딜 성패는 규제 승인에 달려 있으며, 특히 도미니언이 ‘데이터 센터 앨리(Data Center Alley)’에 존재한다는 점을 고려할 때 시장 집중에 대한 일부 우려가 제기됐다.
Eni CEO 클라우디오 데스칼치는 원유 재고가 감소하고 공급을 둘러싼 경쟁이 격화되면서 글로벌 에너지 위기가 단기적으로 더 악화될 수 있다고 경고했다. 그는 겨울 전 저장 시설을 복원하기 위해 유럽이 미국 LNG에 의존하고 있음을 강조하면서, 에너지 원천과 공급처의 다변화 필요성을 부각했다. 데스칼치는 또한 호르무즈 해협 위기를 글로벌 에너지 안보의 전환점으로 지목하며, 운송 및 조달(금융) 비용이 늘어나고 있다고 말했다.
변동성 큰 원유 시장에서 엑손 모빌(Exxon Mobil, XOM)과 코노코필립스(ConocoPhillips, COP)는 2026년 1분기 실적을 발표했으며, 엑손은 통합 모델과 강한 정제 마진을 바탕으로 탄력성을 보여줬다. 반면 코노코필립스는 비용 관리와 주주들에게 현금 환원을 강조했다. 이 글은 유가가 계속 출렁일 경우 엑손 모빌이 은퇴자를 위한 더 나은 배당주라고 제안한다. 이는 다각화와 배당 성장 연속 흐름 덕분이다. 다만, WTI가 $85를 상회하는 수준에서 마무리되면 코노코필립스가 원유 반등에 대해 더 큰 영업 레버리지를 제공한다고 덧붙인다.
엑손모빌은 2024년과 2025년 회계연도에 걸쳐 1,000억 달러가 넘는 영업 현금흐름을 창출했으며, 이를 통해 상당한 배당과 자사주 매입을 가능하게 했다. 회사의 성장 전략은 페름( Permian )과 가이아나 같은 ‘어드밴티지 자산’에 초점을 맞추고 있고, 골든 패스 LNG(Golden Pass LNG) 프로젝트는 미국의 LNG 수출을 크게 늘릴 것으로 예정돼 있다. 탄탄한 재무구조와 43년 연속 성장으로 뒷받침되는 3% 배당수익률 덕분에 XOM은 장기·은퇴 중심 투자자에게 여전히 매력적인 종목으로 거론된다.
엑손모빌 홀딩스(ExxonMobil Holdings, NYSE:XOM)는 2026년 2분기에 추정치 기준 50억 달러 이익 증가를 보고했는데, 이는 정제 타이밍 효과와 상류(upstream) 가격의 이점에 힘입은 것이다. 다만, 차질로 인해 이익이 10억 달러 하락해도 그 영향이 있었다. 그러나 주가는 금요일 기준 약 116억 달러의 가치가 하락하며, 예상 분기 이익 증가분의 두 배 이상을 지워버렸다. 시장의 반응은 투자자들이 이번 이익 급증이 잠시 반짝일 가능성이 있거나 회계와 연관됐다고 본 것으로 보인다. 이번 주에는 경쟁사인 셰브론(Chevron)과 옥시덴탈 페트롤리움(Occidental Petroleum)이 더 나은 성과를 보였다.
월가 애널리스트들은 대체로 도미니언 에너지(D) 주식에 대해 ‘보유(hold)’ 등급을 매기고 있으며, 평균 목표가는 70달러로 현재 주가와 사실상 비슷하다. 이는 도미니언 에너지가 넥스트에라 에너지(NextEra Energy)로부터 668억 달러에 인수되기로 합의한 상황에서도 그렇다. 하지만 TIKR의 모델은 2030년 12월까지 93달러 목표, 총수익률 33%를 전망하는데, 이는 인수합병이 규제상의 허들을 성공적으로 통과한다는 가정에 기반한다. 이번 딜 성패는 규제 승인에 달려 있으며, 특히 도미니언이 ‘데이터 센터 앨리(Data Center Alley)’에 존재한다는 점을 고려할 때 시장 집중에 대한 일부 우려가 제기됐다.
Eni CEO 클라우디오 데스칼치는 원유 재고가 감소하고 공급을 둘러싼 경쟁이 격화되면서 글로벌 에너지 위기가 단기적으로 더 악화될 수 있다고 경고했다. 그는 겨울 전 저장 시설을 복원하기 위해 유럽이 미국 LNG에 의존하고 있음을 강조하면서, 에너지 원천과 공급처의 다변화 필요성을 부각했다. 데스칼치는 또한 호르무즈 해협 위기를 글로벌 에너지 안보의 전환점으로 지목하며, 운송 및 조달(금융) 비용이 늘어나고 있다고 말했다.
이 글은 NOG 주가가 미국 내 석유·가스 자산에 대한 비운영 지분을 보유한 회사인 Northern Oil and Gas를 나타낸다고 설명한다. 이러한 사업 모델은 시추에 대한 직접적인 운영 책임 없이도 투자자들에게 셰일 생산과 원자재 가격 흐름에 대한 레버리지(지렛대) 효과 노출을 제공한다. 회사의 실적은 원자재 가격에 민감하며, 윌리스턴과 퍼미안 같은 주요 미국 셰일 분지에서의 활동과 연결돼 있다.
코노코필립스(COP)는 견고한 잉여현금흐름 창출과 엄격한 자본 배분 덕분에 월스트리트 분석가들로부터 강력한 “매수”로 평가된다. 윌로(Willow)와 노스 필드 이스트(North Field East) LNG 같은 주요 프로젝트는 2029년까지 증분 잉여현금흐름을 70억 달러로 크게 늘릴 것으로 예상된다. 배당과 자사주 매입을 통해 영업활동에서 창출한 현금의 45%를 주주에게 환원하겠다는 회사의 약속과, 강화된 재무상태표(대차대조표)는 원자재 가격 변동성과 규제 리스크가 있더라도 투자 매력을 높인다.
이 글은 인베스팅닷컴에서 발행한 7월 10일자 Health In Tech Inc.의 Form 4 제출(신고) 자료다. 이는 해당 회사의 최신 내부자 거래를 나타낸다. Health In Tech Inc.의 주식 기호는 HIT이며 -2.75% 변동을 보였다.
ExxonMobil, through its Nigerian subsidiary Esso Exploration and Production Nigeria, is investing $1 billion in the Usan Infill Project, marking its return to exploration and production activities in Nigeria after 2016. This investment is expected to increase Nigeria's oil and gas production by 40,000 barrels per day, bolstering the country's energy security efforts. The project, operated by Esso Exploration and Production Nigeria with partners Chevron, TotalEnergies, and Nexen, is anticipated to begin production within 18 months, aligning with Nigeria's goal to boost crude oil production and attract further upstream investment.
Shares of Occidental Petroleum Corp. (OXY) rose 1.13% on Friday, closing at $52.89. Despite this daily gain, the stock underperformed compared to the broader market, as the S&P 500 Index and Dow Jones Industrial Average also saw increases. The company's stock finished 21.59% below its 52-week high.
RBC Capital maintained its Buy rating on BP p.l.c. with a price target of £7.00, following the company's latest earnings report showing significant revenue and profit growth. This positive outlook from RBC Capital comes amidst mixed analyst ratings and negative insider sentiment for the stock. BP reported a quarterly revenue of £51.14 billion and a net profit of £3.76 billion.
Chevron (CVX) is expanding into AI infrastructure by partnering with Microsoft (MSFT) to develop a dedicated natural gas-fired power facility for a data center in West Texas. This 20-year agreement, known as Project Kilby, aims to provide significant generating capacity and diversified cash flows largely independent of oil and gas price cycles. While the project is in early stages with commercial operations targeted for 2028, it represents a new growth avenue for Chevron, complementing its robust core business and strong shareholder returns.
Chevron (CVX) has partnered with Microsoft (MSFT) to develop a natural gas-fired power facility in West Texas, aiming to supply electricity to a Microsoft data center for 20 years. This strategic move diversifies Chevron's business into AI infrastructure, capitalizing on increasing electricity demand, while its core oil and gas operations also remain strong. Although the project offers a new growth avenue, its financial impact is expected to be modest initially, and the company's near-term performance will still largely depend on commodity prices.
Commodity markets are experiencing renewed volatility due to escalating shipping risks in the Kerch Strait and Sea of Azov, stemming from the Ukraine war. Specifically, the closure of the Sea of Azov for commodity movement and reports of drone attacks on Russian ships have contributed to price surges in energy and grain markets, especially wheat. The article also touches on ongoing tensions in the Middle East affecting the Strait of Hormuz and upcoming USDA reports, but emphasizes the Black Sea situation as the primary market driver.
This article summarizes recent analyst ratings for three energy companies: Energy Transfer (ET), Exxon Mobil (XOM), and Antero Resources (AR). While Energy Transfer received a Hold rating from Goldman Sachs but has a Strong Buy consensus, Exxon Mobil was reiterated as a Buy by J.P. Morgan and also holds a Moderate Buy consensus. Antero Resources maintained a Buy rating from Truist Financial and has a Strong Buy analyst consensus.
Analysts have provided insights on Exxon Mobil (XOM) and SM Energy (SM) in the Energy sector. Wells Fargo maintained a Buy rating on Exxon Mobil with a $185 price target, while also maintaining a Hold rating on SM Energy with a $32 price target. Exxon Mobil holds a Moderate Buy consensus rating with an 18.9% upside, and SM Energy also has a Moderate Buy consensus with a 37.4% upside.
Analysts have provided new ratings for Exxon Mobil (XOM) and Phillips 66 (PSX). Bank of America Securities maintained a Buy rating for Exxon Mobil with a $154.00 price target, while Barclays issued a Hold rating for Phillips 66 with a $183.00 price target. The article also mentions TipRanks' new ETF, RANK, which tracks the performance of 50 large U.S. companies.
Analysts have provided new ratings for energy companies Exxon Mobil (XOM) and Phillips 66 (PSX). Bank of America Securities maintained a Buy rating on Exxon Mobil, while Barclays maintained a Hold rating on Phillips 66. Both companies have a "Moderate Buy" analyst consensus according to TipRanks.
Analysts have provided new ratings for several energy companies including Exxon Mobil (XOM), SM Energy (SM), and Kodiak Gas Services, Inc. (KGS). Exxon Mobil received a "Moderate Buy" consensus with an analyst at Wells Fargo maintaining a "Buy" rating and a target of $185.00. SM Energy received a "Moderate Buy" consensus, though one analyst from Wells Fargo maintained a "Hold" rating with a target of $32.00, while Kodiak Gas Services, Inc. holds a "Strong Buy" consensus, with a Bank of America Securities analyst reiterating a "Buy" rating and a price target of $83.00.
Raleigh Capital Management Inc. reduced its stake in ExxonMobil Corporation by 43.9% in the first quarter, selling over 11,000 shares. Despite this, institutional ownership remains significant, with 61.8% of the stock held by such investors and several others increasing their positions. Analysts maintain a "Moderate Buy" consensus rating for ExxonMobil, driven by positive Q2 earnings forecasts and a new $1 billion investment in Nigeria.
The Supreme Court's decision in *Exxon Mobil Corp. v. Corporación CIMEX, S.A.* adopted a pragmatic approach to sovereign immunity, particularly concerning the Helms-Burton Act. The ruling allows US nationals to seek redress for property confiscated by the Cuban government after the revolution by abrogating the sovereign immunity of Cuban agencies and instrumentalities. This decision removes a significant barrier, enabling direct lawsuits against Cuban state entities rather than against third-party companies.
Marietta Investment Partners LLC increased its stake in ExxonMobil Corporation by 22.3% in the first quarter, adding 10,680 shares to own a total of 58,674 shares valued at approximately $9.96 million. Institutional investors and hedge funds collectively hold 61.8% of ExxonMobil shares, with several firms significantly increasing their positions. Analysts maintain a "Moderate Buy" consensus rating for XOM with a target price of $164.45, reflecting positive sentiment following strong earnings and revenue reports.
The US Supreme Court's decision in Exxon Mobil Corp. v. Corporación CIMEX, S.A. represents a pragmatic shift in considering sovereign immunity waivers, specifically clarifying that the Helms-Burton Act abrogates foreign sovereign immunity for Cuban agencies and instrumentalities. This ruling creates a clearer path for US nationals to seek compensation for property confiscated by the Cuban government after the revolution, overturning lower court interpretations that made such claims difficult. The court emphasized Congress's intent to provide a "meaningful remedy," which would be negated if sovereign immunity blocked these claims.
Brighton Jones LLC significantly increased its stake in ExxonMobil Corporation (XOM) by 15.2% in the first quarter, now holding 160,235 shares valued at $27.2 million. Other institutional investors also boosted their positions, with hedge funds and institutions now owning 61.8% of the stock. ExxonMobil has a "Moderate Buy" consensus rating from analysts, a 3.0% dividend yield, and recently beat quarterly earnings estimates.
ExxonMobil Holdings Corporation filed an 8-K report detailing factors expected to influence its 2Q 2026 financial results compared to 1Q 2026. The company anticipates significant market-driven benefits from higher liquids prices and stronger margins in its Energy Products, Chemical Products, and Specialty Products segments. These benefits are expected to be partially offset by planned maintenance, volume disruptions from Middle East events, and potential impairments.
APA Corporation, Tidewater, and Tenaris stocks experienced a downturn as crude oil prices retreated following geopolitical developments. Despite military action against Iran and President Trump's statements, investors prioritized profit-taking as satellite data indicated continued tanker traffic through the Strait of Hormuz. This trend highlights the energy sector's sensitivity to Middle East geopolitical risk premiums over fundamental supply and demand, with APA Corporation notably falling 4.3% and being down 24.4% from its 52-week high, despite year-to-date gains.
RBC Capital analyst Scott Hanold has reaffirmed a Buy rating for Conocophillips (COP) and set a price target of $152.00. This comes despite a slight drop in the company's Q1 revenue and net profit compared to the previous year, with Q1 2026 revenue at $16.05 billion and net profit of $2.18 billion. Analyst Hanold is recognized as a 5-star analyst with a strong track record in the Energy sector, though sentiment among corporate insiders for COP has been negative recently, with an increase in share sales.
Exxon Mobil Holdings (XOM) shares fell 2.6% despite a broader market upturn, with the S&P 500 gaining 0.81%. The company's stock has lagged its sector, but analysts project strong earnings growth with an upcoming EPS estimated at $3.98, a 142.68% increase year-over-year. Despite positive revenue forecasts and a "Hold" rating from Zacks, XOM is trading at a premium compared to its industry's average Forward P/E ratio.
ConocoPhillips (COP) saw its stock drop by -2.44% despite overall market gains, closing at $108.02. The energy company is set to release its earnings on August 6, 2026, with projected EPS of $3.04 and revenue of $17.69 billion. Despite recent declines, ConocoPhillips holds a Zacks Rank of #3 (Hold) and is trading at a discount compared to its industry, with a Forward P/E of 11.54.
ExxonMobil CFO Neil Hansen has voiced strong support for the SEC's proposal allowing public companies to opt for semiannual reporting instead of quarterly. Hansen argues that this change would reduce the burden on companies without sacrificing transparency due to other available information sources. He provides five key recommendations for the SEC to an optional and less onerous semiannual reporting framework.
UBS analyst Manav Gupta maintained a Buy rating on Phillips 66 (PSX) with a price target of $212.00, noting Gupta's 5-star analyst status and strong success rate in the Energy sector. The overall analyst consensus for Phillips 66 is a Moderate Buy with an average price target of $196.00. Corporate insider sentiment for PSX is positive, with increased insider buying over the last quarter, including a recent purchase by Director Kevin Omar Meyers in May 2026.
Shares of APA Corporation, Tidewater, and Tenaris declined after crude oil prices pulled back, with WTI settling near $71.88 per barrel despite ongoing geopolitical tensions. Investors took profits as satellite data showed continued tanker traffic through the Strait of Hormuz, indicating that the energy sector's valuation remains heavily influenced by the Middle East's geopolitical risk premium. This market reaction suggests that while the news was meaningful, it didn't fundamentally alter the perception of these businesses, and such price drops could offer buying opportunities for high-quality stocks.
Shares of ProFrac (ACDC), SM Energy (SM), and Borr Drilling (BORR) fell as crude oil prices pulled back, despite recent geopolitical tensions in the Middle East. Investors took profits, suggesting the market is valuing the energy sector based on geopolitical risk rather than fundamental supply and demand. The article notes that energy companies' stock performance is highly sensitive to oil prices and geopolitical events, which can create significant volatility.
This article compares two energy-focused ETFs, Vanguard Energy ETF (VDE) and Global X MLP & Energy Infrastructure ETF (MLPX), to help investors choose which best suits their goals amidst rising energy prices. While VDE has a lower expense ratio and broader U.S. energy sector exposure, MLPX offers a higher dividend yield and superior long-term performance due to its focus on less volatile midstream infrastructure assets. The article concludes that MLPX is the better buy for those looking to capitalize on higher energy prices in 2026.
Diamondback Energy (FANG) stock fell 2.5% after crude oil prices dropped, with WTI crude down 2.2% and Brent crude slipping below $77 per barrel. This pullback occurred despite U.S. military strikes on Iran, as investors took profits and satellite data showed continued tanker traffic through the Strait of Hormuz, indicating that market valuation for the energy sector is heavily influenced by geopolitical risk. The company's shares are up 19.5% year-to-date and have seen significant growth over five years.
APA Corporation, Tidewater, and Tenaris stocks experienced a decline after crude oil prices pulled back. This dip occurred despite confirmed secondary strikes on Iran and President Trump's declaration on the ceasefire, as investors took profits while tanker traffic continued through the Strait of Hormuz. The market demonstrated that the energy sector's valuation is largely driven by geopolitical risk in the Middle East, rather than fundamental supply and demand.
HighPeak Energy, DHT Holdings, and Kosmos Energy stocks traded down, with HPK falling 7.1%, DHT falling 5%, and KOS falling 6.5%, after crude oil prices pulled back. This decline occurred despite secondary strikes on Iran and President Trump's declaration of the Iran ceasefire being "over," as investors took profits following satellite data indicating continued tanker traffic through the Strait of Hormuz. The market demonstrated that the energy sector's valuation is heavily influenced by geopolitical risk in the Middle East rather than fundamental supply and demand.
Brazil's government has decided to extend a 12% tax on crude oil exports for another 60 days, reversing earlier considerations of a reduction due to softer oil prices. The tax, initially introduced in March following the Iran war, aims to fund measures shielding consumers from inflationary impacts, such as fuel subsidies. The foreign trade chamber will review the measure again in 30 days.
The global metalworking fluids market is projected to grow from $13.54 billion to $18.94 billion by 2035, with a CAGR of 3.80%, driven by advancements in manufacturing, precision machining, and the rise of electric vehicles. North America leads the market due to regulatory compliance and established industry players, while sustainability trends encourage the development of bio-based and synthetic fluids. Key players include Chevron, ExxonMobil Chemical, Quaker Houghton, Fuchs, and Lubrizol.
Permianville Royalty Trust (PRT) stock represents a U.S.-listed royalty trust that provides investors with monthly cash distributions from oil and natural gas production in regions like the Permian Basin. The trust operates as a pass-through vehicle, distributing net proceeds from production to unitholders, making its performance highly sensitive to commodity prices and production volumes. For income-oriented investors, PRT stock offers a yield-focused investment, though distributions can fluctuate with energy market cycles.
Phillips 66 (NYSE:PSX) has declared a quarterly dividend of $1.27 per share, payable on September 1, 2026, to shareholders of record by August 18, 2026. This marks their 14th consecutive year of dividend increases, with the stock currently yielding 2.7%. The company, an integrated downstream energy firm, has seen its stock surge 48% year-to-date and is involved in significant infrastructure projects, including new gas processing and fractionator facilities.
EOG Resources (EOG) stock fell 3.1% due to easing oil supply concerns after OPEC+ announced continued phasing out of voluntary production cuts, rather than any company-specific setback. Insiders have sold EOG stock 8 times in the last six months, with no purchases. Analysts have set a median price target of $152.0 for EOG in the last six months.
The global metalworking fluids market is projected to reach USD 18.94 billion by 2035, growing at a CAGR of 3.80% from its current value of USD 13.54 billion. This growth is driven by advancements in manufacturing, precision machining, the rise of electric vehicles, and sustainability trends, with North America leading the market. The report profiles key players like Chevron and ExxonMobil Chemical, highlighting the competitive landscape, challenges, and segmentation across product types, applications, end-uses, verticals, and geographical regions.
Greenwood Capital Associates LLC increased its stake in Jacobs Solutions (NYSE: J) by 41.5% in the first quarter, bringing its total holdings to 41,598 shares valued at $5.3 million. Other institutional investors also adjusted their positions, and hedge funds and institutions now own 85.65% of the stock. Jacobs Solutions reported strong quarterly results, beating analyst expectations, and maintains a consensus "Moderate Buy" rating with a target price of $153.10.
This article analyzes the performance of Coca-Cola (KO) and Exxon Mobil (XOM) over the past decade, comparing their strategies and returns against the S&P 500. While both blue-chip stocks outperformed the S&P 500 over one and five years, neither could match its decade-long return. The author details Coca-Cola's consistent compounding and dividend growth versus Exxon's more volatile, production-driven growth, offering insights into which stock might suit different investor profiles.
McDonald's (MCD) recently exited several Russell indexes and is facing increased energy costs due to renewed U.S.-Iran tensions. The article analyzes how these macro-level events might impact McDonald's, emphasizing that while index reclassifications could create short-term technical pressure, the core investment narrative remains focused on its global brand, franchise economics, and dividend record. Investors are urged to consider the company's Q1 2026 results and its projected revenue and earnings growth against potential margin pressures from rising input costs.
Hoertkorn Richard Charles significantly reduced its stake in Devon Energy Corporation ($DVN) by 46.4% in the first quarter, selling 49,490 shares. Despite this, other institutional investors like Greenwood Capital Associates LLC and Lmcg Investments LLC increased their holdings. Analysts maintain a "Moderate Buy" consensus rating for DVN with a target price of $59.76, while insider selling by executives was also noted.
Sky Quarry Inc. has appointed Ray Hansen as President of its Foreland Refining Corporation subsidiary. Hansen, bringing over 35 years of refining industry experience, will oversee the company's refining operations, including the Eagle Springs refinery and the PR Spring oil sands processing facility. This appointment follows the refinery's entry into the production phase, energizing investors despite the company facing significant debt and a negative gross profit margin.
QRG Capital Management Inc. increased its stake in ExxonMobil Corporation by 13.7% in Q1 2026, purchasing 82,314 additional shares and bringing its total holding to 683,407 shares valued at $115.9 million. This move is part of a broader trend of institutional investment in ExxonMobil, which now sees hedge funds and other institutions owning 61.8% of the company's stock. The article highlights positive tailwinds for ExxonMobil due to higher oil prices and solidifies its "Moderate Buy" analyst rating with an average price target of $164.70.
TD Cowen has lowered its price target for Exxon Mobil (XOM) by $17, from $172 to $155, while maintaining a 'Buy' rating. This adjustment is part of a Q2 earnings preview for oil majors, following a "rapid correction" in crude oil prices. Despite the reduced target, the firm sees a 13% upside and identifies "pockets of opportunity" in the sector.
