Shale Firm Earnings To Follow Steep Big Oil Declines
at Investor's Business Daily - Sun Nov 01, 7:02AM CST
Chevron (CVX), Exxon Mobil (XOM) and other oil majors reported huge declines in earnings last week, and top U.S. shale producers are seen reporting equally large drops in earnings this week as oil prices remain under pressure. OPEC has kept output...
CXO: 115.91 (-0.09), CLR: 33.91 (+0.59), EOG: 85.85 (+0.33), XOM: 82.74 (+0.51), CRZO: 37.63 (+0.74), CVX: 90.88 (+0.99), OAS: 11.63 (+0.46)
Q3 Earnings Season: Revenue Weakness Stands Out
Sheraz Mian - ZACKS - Fri Oct 30, 4:46PM CDT
Q3 Earnings Season: Revenue Weakness Stands Out
LNKD: 240.87 (+23.87), FB: 101.97 (-2.91), XOM: 82.74 (+0.51), BAC: 16.78 (-0.31), GOOGL: 737.39 (-7.46), CVX: 90.88 (+0.99), MSFT: 52.64 (-0.72), AAPL: 119.50 (-1.03)
Business Highlights
By The Associated Press - AP - Fri Oct 30, 4:40PM CDT
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UNH: 117.78 (-1.93), XOM: 82.74 (+0.51), CVS: 98.78 (-5.02), CVX: 90.88 (+0.99)
Jim Cramer -- Buy Panera, WhiteWave, Target Now; Don't Fall for GoPro
at The Street - Fri Oct 30, 2:39PM CDT
TheStreet's Jim Cramer, Action Alerts Plus Portfolio Manager and host of CNBC's 'Mad Money,' talked about Exxon and Chevron Friday from the floor of the New York Stock Exchange.
WFM: 29.96 (-0.19), AMZN: 625.90 (-0.65), GPRO: 25.00 (-0.62), PNRA: 177.37 (-2.32), FB: 101.97 (-2.91), BBW: 15.56 (+1.31), WMT: 57.24 (-0.72), XOM: 82.74 (+0.51), HRL: 67.55 (-0.28), WWAV: 40.98 (+0.74), HAIN: 49.85 (-0.22), TGT: 77.18 (+0.90), COST: 158.12 (-0.16), TWTR: 28.46 (-0.60), CVX: 90.88 (+0.99), GIS: 58.11 (-0.07)
Chevron Sees Even More Spending Cuts Through 2018
at Investor's Business Daily - Fri Oct 30, 2:24PM CDT
Chevron (CVX) hinted at how much longer the oil downturn may last with guidance that its capital expenditures will drop for three more years, standing out as the only oil major with a bearish view that far in the future. On Friday, Chevron said it...
COP: 53.35 (-0.27), XOM: 82.74 (+0.51), BP: 35.70 (-0.01), CVX: 90.88 (+0.99), BHI: 52.68 (+0.09)
EXXON MOBIL CORP (XOM) Earnings Report: Q3 2015 Conference Call Transcript
at The Street - Fri Oct 30, 2:04PM CDT
The following EXXON MOBIL CORP (XOM) conference call took place on October 30, 2015, 09:30 AM ET. This is a transcript of that earnings call:
XOM: 82.74 (+0.51)
Stocks Fall Back Into Red as Financials Lag
at The Street - Fri Oct 30, 1:55PM CDT
Stocks fall back into the red Friday afternoon as a lag in financial stocks overshadows a push higher by the energy sector.
BUD: 119.33 (+1.59), VRX: 93.77 (-17.73), C: 53.17 (-0.49), FNFG: 10.35 (-0.03), XOM: 82.74 (+0.51), BAC: 16.78 (-0.31), WFC: 54.14 (-0.95), KEY: 12.42 (-0.96), SBUX: 62.57 (+0.07), FSLR: 57.07 (+6.08), RDS.A: 52.46 (-0.10), JPM: 64.25 (-0.96), LNKD: 240.87 (+23.87), SCTY: 29.65 (-8.42), CVS: 98.78 (-5.02), BP: 35.70 (-0.01), ABBV: 59.55 (+5.45), XLF: 24.08 (-0.35), CVX: 90.88 (+0.99), PTR: 78.63 (+1.17), XLE: 68.03 (+0.44), STO: 16.16 (+0.19), CL: 66.35 (-2.88)
Chevron cutting up to 7,000 jobs as oil profits shrink
By DAVID KOENIG - AP - Fri Oct 30, 1:48PM CDT
DALLAS (AP) — Chevron is cutting up to 7,000 jobs, or 11 percent of its workforce, the latest indication of the toll that low oil prices are taking on the industry.
HAL: 38.38 (+0.19), XOM: 82.74 (+0.51), CVX: 90.88 (+0.99)
Battle of the Dividend Giants: Exxon Mobil vs. Chevron
at The Street - Fri Oct 30, 11:42AM CDT
We pinpoint which of these energy behemoths is your best bet for steady, robust income.
XOM: 82.74 (+0.51), CVX: 90.88 (+0.99)
Chevron (CVX) Q3 Earnings Slide but Beats Estimate
Nilanjan Choudhury - Zacks Investment Research - Fri Oct 30, 10:26AM CDT
Energy major Chevron Corp. (CVX) was helped by fatter profits at its downstream unit amid low commodity prices.
RDS.A: 52.46 (-0.10), XOM: 82.74 (+0.51), BP: 35.70 (-0.01), CVX: 90.88 (+0.99)
Exxon 3Q profit falls by nearly half amid low oil prices
By DAVID KOENIG - AP - Fri Oct 30, 9:40AM CDT
DALLAS (AP) — Exxon Mobil Corp. posted its worst third quarter in 12 years due to low oil prices but still earned $4.24 billion, beating Wall Street expectations.
XOM: 82.74 (+0.51)
ExxonMobil Q3 Earnings Beat but Slip Y/Y on Pricing Woes
Zacks Equity Research - Zacks Investment Research - Fri Oct 30, 9:36AM CDT
ExxonMobil Corporation (XOM) posted third-quarter 2015 earnings of $1.01 per share, beating the Zacks Consensus Estimate of 89 cents.
SOL: 1.32 (unch), MTRX: 22.70 (+0.42), NGS: 22.52 (+1.03), XOM: 82.74 (+0.51)
Stocks Are Mixed as Chicago Business Activity Improves
at The Street - Fri Oct 30, 9:35AM CDT
Stocks turn mixed by mid-morning after business activity in Chicago rebounds and consumer sentiment improves.
BUD: 119.33 (+1.59), VRX: 93.77 (-17.73), WU: 19.25 (+0.24), XOM: 82.74 (+0.51), SBUX: 62.57 (+0.07), ESRX: 86.38 (-0.77), FSLR: 57.07 (+6.08), LNKD: 240.87 (+23.87), SCTY: 29.65 (-8.42), CVS: 98.78 (-5.02), ABBV: 59.55 (+5.45), CVX: 90.88 (+0.99), CL: 66.35 (-2.88)
Chevron cutting up to 7,000 jobs; profit falls to $2 billion
AP - Fri Oct 30, 9:27AM CDT
SAN RAMON, Calif. (AP) — Chevron Corp. is cutting up to 7,000 jobs, or 11 percent of its workforce, as it deals with lower oil prices that are cutting deeply into profit.
XOM: 82.74 (+0.51), CVX: 90.88 (+0.99)
October to Finish on a Positive Note?
Sheraz Mian - Zacks Investment Research - Fri Oct 30, 9:23AM CDT
The major indexes appear on track to continue the recent positive momentum at todays open, potentially finishing October's strong gains on a positive note.
XOM: 82.74 (+0.51), CVX: 90.88 (+0.99)
Exxon Mobil (XOM) Approaches New Downside Target of $80.98
Comtex SmarTrend(R) - Fri Oct 30, 9:07AM CDT
Shares of Exxon Mobil (NYSE:XOM) have bearishly opened below the pivot of $82.41 today and have reached the first support level of $81.61. Investors may be interested in a cross of the next downside pivot targets of $80.98 and $79.55.
XOM: 82.74 (+0.51)
ExxonMobil (XOM) Q3 Earnings Beat, Revenues Miss
Zacks Equity Research - Zacks Investment Research - Fri Oct 30, 8:16AM CDT
ExxonMobil earnings per share came in at $1.01, above the Zacks Consensus Estimate of 89 cents.
XOM: 82.74 (+0.51)
Weak Data, Rising Stock Futures; Baidu, First Solar, MaxLinear Climb
at Investor's Business Daily - Fri Oct 30, 8:09AM CDT
Stock futures powered higher before the start of regular trade Friday, as meager personal income and spending data increased the likelihood that the Federal Reserve would further delay an interest rate hike. Dow futures muscled up 45.2 points, nearly...
BUD: 119.33 (+1.59), XOM: 82.74 (+0.51), MXL: 13.00 (-0.11), SBUX: 62.57 (+0.07), FSLR: 57.07 (+6.08), BIDU: 187.47 (+18.48), SCTY: 29.65 (-8.42), PVTB: 41.83 (-0.84), CVS: 98.78 (-5.02), AAN: 24.67 (-8.88), CVX: 90.88 (+0.99)
Exxon Mobil (XOM) Stock Gains on Earnings Beat
at The Street - Fri Oct 30, 8:02AM CDT
Exxon Mobil (XOM) stock is increasing after the company reported 2015 third quarter financial results that surpassed estimates.
XOM: 82.74 (+0.51)