Currencies33075
Market Cap$ 2.98T+4.54%
24h Spot Volume$ 56.66B+19.5%
DominanceBTC61.04%+0.73%ETH6.91%+3.74%
ETH Gas1.42 Gwei
Cryptorank
MainNewsExxon (XOM) ...

Exxon (XOM) Jumps As It Becomes Billionaires’ Top Oil Stock


Apr, 17, 2025
2 min read
by Jaxon Gaines
for Watcher.Guru
Exxon (XOM) Jumps As It Becomes Billionaires’ Top Oil Stock

Exxon Mobil (XOM) stock climbed during Thursday’s trading session following a general rise amongst oil company stocks. U.S. crude stocks rose last week despite a major increase in exports, while fuel inventories fell, according to the Energy Information Administration (EIA). After an encouraging start to the year, the energy sector is once again lagging behind the overall market. The biggest reason behind this fall is the decline in the global prices of oil, which have fallen by almost 14.5% in 2025. Due to this dip, some stock experts suggest now’s the time to invest in XOM and other oil stocks.

Warren Buffett’s Berkshire Hathaway maintains significant holdings in multiple oil majors. The firm has even put in new investments into the oil industry amid plenty of concerns about prices. Billionaires have made significant profits from oil stocks, with Exxon XOM being one of the top options.

After the $60 billion acquisition of Pioneer Natural Resources last year, Exxon’s production in the Permian Basin and Guyana hit a record high in 2024. The oil major delivered an industry-leading financial performance last year, with $34 billion in earnings and $55 billion in cash flow from operations, its third-highest result in a decade despite softer market conditions. Correspondingly, the company’s stock shares have gone up 166% over the last five years.

Also Read: Tesla (TSLA) Target Cut to $400: Two Reasons Stock May Drop

Exxon has grown its earnings at an annual rate of roughly 30% over the last five years. Meanwhile, its cash flow has increased at a CAGR of about 15%. The company intends to continue this momentum and expects to add a further $20 billion in earnings and $30 billion in cash flow by the end of the decade. Exxon remains committed to its shareholders, having grown its annual dividend for 42 consecutive years. Thus, there’s immense optimism that the stock will continue to grow for years to come.

Furthermore, the past year has created somewhat of a buying opportunity, with Exxon XOM being down 12%. Thus, for investors looking to invest like the billionaires, Exxon stock may be the leading choice among oil companies. XOM is trading near the bottom of its 52-week range and below its 200-day simple moving average. Analysts at CNN are mixed on how to approach investing in the oil stock. However, there is agreement that there is promise for the oil company over the next year. Out of 30 analysts surveyed by CNN, 60% suggest buying the stock, while 37% advise holding current shares for now.

Read the article at Watcher.Guru

Read More

El Salvador Partners With Nvidia (NVDA) to Transform Its AI Future

El Salvador Partners With Nvidia (NVDA) to Transform Its AI Future

In what is a major development that could have major ramifications, El Salvador and N...
Apr, 22, 2025
2 min read
by Watcher.Guru
Tesla (TSLA) Q1 Earnings Loom: What Should You Expect?

Tesla (TSLA) Q1 Earnings Loom: What Should You Expect?

Tuesday is set to be a monumental day for one of Wall Street’s most troublesome stock...
Apr, 22, 2025
2 min read
by Watcher.Guru
MainNewsExxon (XOM) ...

Exxon (XOM) Jumps As It Becomes Billionaires’ Top Oil Stock


Apr, 17, 2025
2 min read
by Jaxon Gaines
for Watcher.Guru
Exxon (XOM) Jumps As It Becomes Billionaires’ Top Oil Stock

Exxon Mobil (XOM) stock climbed during Thursday’s trading session following a general rise amongst oil company stocks. U.S. crude stocks rose last week despite a major increase in exports, while fuel inventories fell, according to the Energy Information Administration (EIA). After an encouraging start to the year, the energy sector is once again lagging behind the overall market. The biggest reason behind this fall is the decline in the global prices of oil, which have fallen by almost 14.5% in 2025. Due to this dip, some stock experts suggest now’s the time to invest in XOM and other oil stocks.

Warren Buffett’s Berkshire Hathaway maintains significant holdings in multiple oil majors. The firm has even put in new investments into the oil industry amid plenty of concerns about prices. Billionaires have made significant profits from oil stocks, with Exxon XOM being one of the top options.

After the $60 billion acquisition of Pioneer Natural Resources last year, Exxon’s production in the Permian Basin and Guyana hit a record high in 2024. The oil major delivered an industry-leading financial performance last year, with $34 billion in earnings and $55 billion in cash flow from operations, its third-highest result in a decade despite softer market conditions. Correspondingly, the company’s stock shares have gone up 166% over the last five years.

Also Read: Tesla (TSLA) Target Cut to $400: Two Reasons Stock May Drop

Exxon has grown its earnings at an annual rate of roughly 30% over the last five years. Meanwhile, its cash flow has increased at a CAGR of about 15%. The company intends to continue this momentum and expects to add a further $20 billion in earnings and $30 billion in cash flow by the end of the decade. Exxon remains committed to its shareholders, having grown its annual dividend for 42 consecutive years. Thus, there’s immense optimism that the stock will continue to grow for years to come.

Furthermore, the past year has created somewhat of a buying opportunity, with Exxon XOM being down 12%. Thus, for investors looking to invest like the billionaires, Exxon stock may be the leading choice among oil companies. XOM is trading near the bottom of its 52-week range and below its 200-day simple moving average. Analysts at CNN are mixed on how to approach investing in the oil stock. However, there is agreement that there is promise for the oil company over the next year. Out of 30 analysts surveyed by CNN, 60% suggest buying the stock, while 37% advise holding current shares for now.

Read the article at Watcher.Guru

Read More

El Salvador Partners With Nvidia (NVDA) to Transform Its AI Future

El Salvador Partners With Nvidia (NVDA) to Transform Its AI Future

In what is a major development that could have major ramifications, El Salvador and N...
Apr, 22, 2025
2 min read
by Watcher.Guru
Tesla (TSLA) Q1 Earnings Loom: What Should You Expect?

Tesla (TSLA) Q1 Earnings Loom: What Should You Expect?

Tuesday is set to be a monumental day for one of Wall Street’s most troublesome stock...
Apr, 22, 2025
2 min read
by Watcher.Guru