#exxonmobil

Nonilex @Nonilex@masto.ai · Jul 31, 2026

Replying to @Nonilex@masto.ai

#ExxonMobil on Friday reported that its second quarter profits doubled to $14.53 billion, boosted by record #diesel production. The #oil giant, based in Spring, Texas, brought in $116.02 billion in revenue, up 42%. #Chevron, based in Houston, nearly quadrupled its profits to $12.07 billion & revenue jumped 56% to $70.06 billion. #BigOil #WarProfiteering #FossilFuels #ClimateChange #TrumpsWar #IranWar #US #Iran #Trump #economy #inflation #affordability #CostOfLiving #oil #energy #EnergyCrisis

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Rachel Abdallah @rachel_a@mastodon.online · Jul 10, 2026

The US Department of Justice has renamed one of their divisions "Energy & Natural Resources". It lists blocking climate lawsuits against oil and gas majors as a priority. Robert Levy, a senior-level attorney at Exxon Mobil is retiring from the oil and gas company this month and joining the Justice Department’s Energy and Natural Resources Division. By Rachel Santarsiero: https://www.desmog.com/2026/07/10/exxons-robert-levy-is-joining-the-doj-division-that-dubs-itself-the-nations-largest-environmental-law-firm/ #USPol #DOJ #oilAndGas #Exxon #ExxonMobil #law #fossilFuels

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The Bad Place @TheBadPlace@mastodon.ozioso.online · May 15, 2026

US Top News and Analysis | Exxon's once-hefty dividend is now tiny. Here's how to fix that AI generated summary, Read the full article for complete information. Exxon Mobil’s dividend has fallen to its lowest level since 2014, yielding just 2.7%, which leaves income‑focused investors searching for alternatives. The article recommends an “enhanced buy‑write” options strategy—a covered‑call spread that sells a June 26 $165 call for $2.20, buys a June 26 $170 call for $0.90, and holds 100 shares of XOM, generating roughly a $1.30 net credit per share (about 0.8‑1.0% yield over six weeks). This “twist” preserves upside beyond $170 while providing immediate premium income, aligning with Exxon’s strong free‑cash‑flow generation, low EV/EBITDA multiple, and solid technical momentum. Read more: https://www.cnbc.com/2026/05/15/exxons-once-hefty-dividend-is-now-tiny-heres-how-to-fix-that.html #ExxonMobil #MatchGroup #Exxon #

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The Bad Place @TheBadPlace@mastodon.ozioso.online · May 02, 2026

Home - CBSNews.com | Exxon Mobil, Chevron earnings fall, but top revenue expectations AI generated summary, Read the full article for complete information. Exxon Mobil and Chevron reported lower profits for the most recent fiscal quarter, citing disruptions from the Iran war, yet both U.S. oil giants exceeded Wall Street’s revenue expectations for the three‑month period ending March 31; CBS News business contributor Javier David provides further details. Read more: https://www.cbsnews.com/video/exxon-mobil-chevron-earnings-fall-but-top-revenue-expectations/ #ExxonMobil #Chevron #WallStreet #JavierDavid #

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The Bad Place @TheBadPlace@mastodon.ozioso.online · May 01, 2026

PBS NewsHour - The Latest | Profit for the biggest U.S. oil companies declined in 1st quarter – but only on paper by Michelle Chapman, Associated Press AI generated summary, Read the full article for complete information. Profit for the two largest U.S. oil companies fell on paper in the first quarter because hedging contracts back‑fired after the U.S. and Israel struck Iran, effectively shutting the Strait of Hormuz and preventing physical oil deliveries; nonetheless, both Exxon Mobil and Chevron posted adjusted earnings that beat Wall Street forecasts, with Exxon reporting $4.18 billion in profit (adjusted to $1.16 per share) and $85.14 billion in revenue, and Chevron earning $2.21 billion (adjusted to $1.41 per share) on $48.61 billion in revenue. The apparent drop reflects one‑time “unfavorable timing effects” of the hedges, not an underlying loss of profitability. The results arrived as U.S. gasoline prices surged to multi‑year highs, pushing inflation and straining households and businesses dependent on fuel. Read more: https://www.pbs.org/newshour/economy/profit-for-the-biggest-u-s-oil-companies-declined-in-1st-quarter-but-only-on-paper #ExxonMobil #Chevron #Iran #HormuzStrait #MiddleEast

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