Our 24/7 Wall St. price target for ExxonMobil (NYSE:XOM | XOM Price Prediction) is $132.90 over the next 12 months. That compares with a current price of $164.01.
The Supreme Court deliberates whether Boulder County's climate suit against Exxon (XOM) and Suncor (SU) can proceed in state court, with potential national implications. Mattel (MAT) faces activist pressure from Ariel Investments and Southeastern Asset Management to explore strategic alternatives, including a sale, after post-Barbie profitability weakness.
Ferguson Wellman Capital Management Inc. increased its position in ExxonMobil Corporation (NYSE: XOM) by 1.5% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 231,681 shares of the oil and gas company's stock after acquiring an additional 3,358 shares during
"This case involves an unprecedented effort to use state law to regulate global conduct," Kannon Shanmugam, a lawyer for the oil companies, told the justices.
A prominent fund manager went on live television to call Chevron and ExxonMobil cheap laggards, but the actual performance data from the past year tells a very different story about who is really falling behind.