ExxonMobil (NYSE:XOM) hit a new 52-week and all-time high, with its shares up close to 50% this year as oil prices rose on the war in Iran. Crude is around $100 a barrel, well above roughly $60 last year but below the more than $115 peak in 2022. The dividend yield has fallen to 2.3% because of the higher share price, though it remains more than twice the S&P 500 average of 1%. The article notes that the higher valuation and lower yield could limit future returns, while oil prices may keep rising if the war drags on.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: ExxonMobil Hits a New All - Time High . Is It Too Late to Buy the Stock ?
Read the original on aol.com ↗
Keywords
Open a keyword to see other news on the same topic.
Related news
- Better Oil Stock: Chevron (CVX) vs. ExxonMobil (XOM)
The article compares integrated oil majors Chevron (CVX) and ExxonMobil (XOM), whose stocks rose 45% and 58% respectively over the past 12 months as oil prices climbed. Chevron earns about 80% of its profit from upstream operations versus about 70% for ExxonMobil, which has a larger downstream and petrochemicals business. With Brent crude at $110 per barrel, well above breakeven prices of $50 for Chevron and $35 for ExxonMobil, the author argues Chevron's upstream focus suits oil spikes, while ExxonMobil's diversification helps when prices fall. Chevron offers a 3.2% forward yield versus 2.3%, and analysts expect its EPS to grow at a 26% CAGR from 2025 to 2028, compared with 20% for ExxonMobil. Both trade at 15 times next year's earnings, and the author prefers Chevron.
- Exxon Wants to Repeat Its Guyana Success in Trinidad. Should You Buy the Stock Now or Wait for the First Well?
ExxonMobil (XOM) is looking for its next major offshore oil discovery, and Trinidad and Tobago could be where it finds one. Its TTUD-1 exploration block covers about 7,165 square kilometers near Guyana, where Exxon and partners have found roughly 11 billion barrels of recoverable oil. Exxon sees Trinidad as a geological extension of Guyana, with a first drilling location expected by mid-2027 and an initial well potentially in late 2027 or early 2028, though there is no guarantee of comparable resources. In Q2 2026, Exxon reported $14.5 billion in earnings, $17.2 billion in free cash flow and $9.4 billion returned to shareholders, while Permian output hit a record 1.8 million oil-equivalent barrels per day. The author argues the existing business supports the investment case, so a Trinidad result would be an added benefit rather than the deciding factor.
- Should You Forget ExxonMobil and Buy Cameco Stock Instead?
The article argues that Cameco may be a better buy than ExxonMobil, whose stock has surged over 47% since the start of the year as Brent crude stays above $100 per barrel, while Cameco's stock is down 11%. Exxon trades at 13.3 times forecast earnings, while Cameco's forward P/E is 45, though analysts project Exxon's earnings per share at around $13.23 this year, up 90% from last year. Cameco has contracts for roughly 28 million pounds of yellowcake per year and a large uncommitted volume for 2029 and 2030 that could help it lock in higher prices as uranium demand grows. Bank of America projects spot uranium could reach $130 per pound, and if prices stay near $100, Cameco's average realized price could rise to $80 from $67.79 in Q2, which the article says would lift earnings faster than analysts expect.
- ABC & NBC Focus on Exxon Profits , Skip How Government Gets More in Taxes
ABC and NBC evening newscasts reported ExxonMobil's record $8.4 billion first-quarter 2006 profit, but the article says they omitted how much the government collected in taxes. ABC highlighted that 15% of profits went to dividends and 40% to share buybacks, while ExxonMobil paid about $7 billion in federal income tax, equal to 83% of its profit. NBC said Exxon earned 9.5 cents per dollar of gasoline and oil sold, while the article notes an 18.4 cents per gallon federal gas tax and total taxes averaging 46 cents per gallon, versus the 28 cents Exxon earned on a $3 gallon. The article argues the coverage exaggerated the profits and ignored the tax burden.
- Enterprise Products (EPD) Lifted Its Distribution 2.8%. Is the Stock Still Cheap?
Enterprise Products Partners (EPD) closed at $36.82 on October 16 and returned -0.2% over six months. It declared a quarterly distribution of $0.56 per unit on October 8, or $2.24 a year, 2.8% above the same quarter last year. The company owns pipelines, storage and export terminals, earning mostly fees, with debt at 109.97% of equity. The article attributes its low valuation, with a 6.08% yield and 11.89 times expected next-year earnings, to a narrow investor base, since its K-1 tax form deters many professional investors, rather than to weak assets. It also notes sector risks tied to oil and gas production volumes and foreign demand for exports.
- Targa (TRGP) Borrowed Five Times Its Equity and the Stock Nearly Doubled
Targa Resources (NYSE:TRGP) carries debt equal to 515.79% of its equity, more than almost anything in midstream, yet its stock closed at $294.90 on October 16, returned 27.4% over the last 6 months and rose 95.38% over the past year. The company gathers gas in the Permian, strips out valuable liquids and ships them to the Gulf Coast for export, and has borrowed to build plants and pipelines rather than distribute cash to owners. Its yield is just 1.70%, and the shares trade at 23.20 times next year's expected earnings versus 27.06 times the past year. The article argues the risk lies in the company having no slack, since its contracts depend on volumes that producers decide to send, so if Permian output stalls, the debt stays high without the expected returns.
Related markets
Latest news
- National Assembly Deputy Nguyễn Việt Hà: Homebuyers Must Not Lose the Protection of Bank Guarantees
National Assembly Deputy Nguyễn Việt Hà (Tuyên Quang delegation) commented on the draft amended Law on Real Estate Business, asking for stronger protections for buyers of off-plan homes. He warned that the right to refuse a bank guarantee (Article 20, clause 3) could shift risk to buyers, and proposed barring waivers where a guarantee is mandatory; if the right is kept, refusal should be a separate, voluntary written confirmation given after full disclosure. He also proposed paying the remaining 5% (Article 20, clause 1, point b) upon receipt of the land-use right certificate, since buyers who have paid 95% of the contract value are unlikely to walk away. He further asked for clearer rules on deposit handling under 'the signed agreement' (Article 18, clause 6) so that such agreements comply with law, and commented on developers' obligations when transferring projects (Article 32, clause 1, point e).
- Alpha Completes Enlarged 2026 Drilling Program at Aburna Gold Project
Alpha Exploration (TSXV: ALEX) completed its 2026 drilling program at the Aburna gold project, totaling 8,910 metres, 2,410 metres more than the 6,500-metre plan. Results from the first two lab batches, covering 4,495 metres of RC and core drilling, include 19.00 m grading 3.18 g/t gold at the Northeast prospect (including 7.00 m at 7.09 g/t) and 31.00 m at 1.12 g/t gold at the new Obok prospect. The company says the Northeast footprint has expanded and Obok has been elevated to key prospect status. Only about 20% of the Aburna corridor has been significantly drilled, and Alpha expects to release more drill results in the coming weeks.
- TSX futures point lower following Meta, Tesla earnings
Canada's S&P/TSX 60 index futures fell 0.6% as oil prices surged and worries grew over AI investment, following earnings from Meta and Tesla. The S&P/TSX composite had closed up 0.6% at 36,324.99 points, its highest close since September 22. U.S. futures fell 1.0% for the S&P 500 and 1.7% for the Nasdaq 100 after the prior session's gains, which were lifted by strong results from SpaceX and Super Micro Computer. Meta reported higher-than-expected third-quarter revenue and guided current-quarter revenue to $73–76 billion, narrowing its capex forecast to $135–145 billion; Tesla cut its goal for annual sales to 5 million units by the end of the decade. Brent crude rose 3.0% to $112.08 a barrel on fears that U.S.–Iran fighting could flare up again.
- Tajiri Completes IP Survey at Yono Gold Project, Begins Shopping Drill Contract
Tajiri Resources (TSXV: TAJ) completed an expanded 3-D induced polarization (IP) survey at its Yono Gold Project in Guyana, including 50-metre infill lines to refine targets. The survey is the last major exploration step before its inaugural drill program, with processed results expected within two to three weeks, and the company has begun soliciting bids from drill service providers. Earlier trenches returned 32 metres at 1.1 g/t gold (YTR-3) and 19 metres at 4.6 g/t gold (YTR-4), including 2 metres at 41.3 g/t. Yono sits about 200 metres from planned open pits at the Oko West and Ghanie deposits, and Tajiri describes the coming drilling as a pivotal milestone.
- Walker River Announces Significant Gold Intercepts Including 2.07 g/t Au over 47.25 Metres at the Lapon Canyon Gold Project
Walker River Resources (TSXV: WRR) reported further assay results from its 2026 reverse circulation drilling at the Lapon Canyon area of the Lapon Gold Project in Nevada. Highlights include hole LC-26-175 with 2.07 g/t gold over 47.25 m (including 3.07 g/t over 30.48 m), LC-26-179 with 2.02 g/t over 48.77 m, and LC-26-183 with 3.63 g/t over 12.19 m. Some holes were affected by drilling conditions, with LC-26-186 stopped at 64.01 m due to ground conditions. Gold mineralization was also found in monzonite intrusive rocks, raising the possibility of a broader intrusive-related system, and elevated copper values provide an additional exploration vector, though further mapping, geochemistry and drilling are needed.
- After Lê Việt Cường's Arrest, Company Reports Q3 Profit Doubling Year-on-Year
Quảng Ninh Thermal Power JSC (QTP) reported Q3 2026 sales revenue of about 2,815 billion VND, up roughly 37%, and profit after tax of nearly 76 billion VND, about 2.3 times the same period last year. Gross profit rose nearly 45% to over 93 billion VND, financial income climbed from nearly 8 billion to over 26 billion VND, and management expenses fell from 28 billion to about 23 billion VND. For the first nine months, net revenue exceeded 9,173 billion VND (up about 17%), profit before tax reached nearly 750 billion VND and profit after tax 600 billion VND, both up about 51%, with EPS of 1,332 VND per share. The results follow the February 23, 2026 arrest of Deputy General Director and board member Lê Việt Cường for investigation of allegedly forging documents, and the company has since appointed Nguyễn Công Kiên and Dương Thành Công as deputy general directors. QTP shares rose nearly 5% to 11,300 VND on October 22.
Get the briefing on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.