Iran, ExxonMobil and Major War Escalation
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ExxonMobil is set to benefit from high oil prices, just like other producers, but the real draw for investors lies elsewhere.
Oil and energy company ExxonMobil (NYSE:XOM | XOM Price Prediction) and Chevron (NYSE:CVX) closed out 2025 with results that reveal two very different oil giants navigating the same crude price headwind.
The big oil stock could be a bright investment in a turbulent market.
ExxonMobil plans to invest up to $24bn in Nigeria’s deep-water assets, including Erha, Usan, and Owowo, as it signals a major
In regard to the dividend payout, owning shares of ConocoPhillips will offer a higher yield, with its dividend yielding right around 2.5%, while ExxonMobil's dividend yields 2.4%.
Major oil companies ExxonMobil and Shell revealed initial damage assessments on Wednesday related to their Persian Gulf operations.
ExxonMobil Chief Executive Officer Darren Woods' compensation declined 25% last year despite an increase in salary. Woods' total compensation was $33 million, down from $44.1 million in 2024. His salary increased to $2.1 million from $2 million, while his bonus declined to $4.1 million from $4.5 million.
ExxonMobil on Wednesday (Thursday in Manila) disclosed a 6 percent drop in first-quarter petroleum production due to Middle East war-related outages, according to a securities filing.
Oil prices skyrocketed last month.
Woodcock, a partner with Gibson, Dunn & Crutcher in Dallas, will join the SEC to lead the division beginning May 4.