Exxon Mobil Corp. NYSE: XOM przemysł naftowy

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Exxon Mobil Corp (NYSE:XOM).'s shares closed at a historic $120.20 on Wednesday, marking a record rally of +3.26% and the fourth straight session of gains. The Energy Information Administration (EIA) confirmed that U.S. crude inventories fell by 2.2 million barrels last week, a decrease that was in line with market predictions.

The surge in Exxon Mobil's shares coincided with a near 4% rise in the U.S. crude futures benchmark. Analysts at Oanda, in their recent report, attributed the ascension of oil prices to supply restrictions. They did, however, caution that impending economic issues could potentially offset these gains.

The rally in Exxon Mobil's shares and the rise in oil prices come amid a decrease in U.S. crude inventories, signaling a tightening supply in the market. The EIA's confirmation of the inventory drop has fueled optimism in the sector, contributing to the upward trend in oil prices and energy stocks like Exxon Mobil Corp.

Exxon Mobil, a prominent player in the Oil, Gas & Consumable Fuels industry according to InvestingPro Tips, has been consistently increasing its earnings per share and has raised its dividend for 40 consecutive years. The company's financial performance, measured by metrics such as a P/E Ratio of 9.55 and a market cap of 479.18B USD, as reported by InvestingPro, underscores its robust position in the market.

Moreover, the company's stock generally trades with low price volatility, making it a relatively safe bet for investors. Exxon Mobil's cash flows can sufficiently cover interest payments, and it operates with a moderate level of debt. These insights, part of the 14 additional tips provided by InvestingPro Tips, highlight the company's financial stability.

While market dynamics currently favor energy companies like Exxon Mobil Corp., Oanda analysts caution that looming economic concerns could pose challenges ahead. Despite the current rally, they emphasized the need for careful market evaluation considering potential economic hurdles.

In light of the company's strong financial performance and the current market dynamics, investors might find it beneficial to explore the additional insights and tips provided by InvestingPro. The platform offers real-time metrics and expert tips, such as the ones shared above, to help investors make informed decisions.

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W czwartek Exxon Mobil (NYSE:XOM) prognozuje znaczny wzrost zysków w trzecim kwartale, przewidując skok o 1 mld USD z powodu rosnących cen ropy. Exxon Mobil, z kapitalizacją rynkową w wysokości 437,44 mld USD i wskaźnikiem P/E na poziomie 8,73, zgodnie z danymi InvestingPro, jest znaczącym graczem w branży ropy naftowej, gazu i paliw eksploatacyjnych.

Kondycja finansowa firmy jest dodatkowo podkreślona przez doskonały wynik Piotroskiego wynoszący 9 i konsekwentnie rosnący zysk na akcję, zgodnie z InvestingPro Tips. Exxon Mobil ma historię utrzymywania wypłat dywidendy, robiąc to przez 53 kolejne lata, i podnosił dywidendę przez 40 kolejnych lat. Ta konsekwencja jest świadectwem dobrych wyników finansowych i stabilności firmy.

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Pioneer Natural Resources (NYSE:PXD) stock soared 9.6% after the WSJ reported that oil major ExxonMobil (NYSE:XOM), down 3%, is currently in negotiations to buy the shale driller, potentially for about $60 billion.
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(Reuters) -Exxon Mobil is in advanced talks to acquire Pioneer Natural Resources (NYSE:PXD) in a deal that could value the Permian shale basin producer at about $60 billion, people familiar with the matter said on Thursday.

The acquisition would be Exxon (NYSE:XOM)'s biggest since its $81 billion deal for Mobil in 1998 and would expand its footprint in one of the most lucrative regions of the U.S. oil patch.

Pioneer's shares rose nearly 12% to $240.47 in premarket trading on Friday while Exxon slipped 1.7%.

Pioneer, which had a market value as of Thursday of $50 billion, is the third-largest producer of oil in the Permian basin after Chevron Corp (NYSE:CVX) and ConocoPhillips (NYSE:COP). That basin, which stretches across parts of Texas and New Mexico, is the U.S. energy industry's most coveted because of its relatively low cost to extract oil and gas.

If the negotiations conclude successfully, an agreement between Exxon and Pioneer could be reached in the coming days, the three sources said, asking not to be identified because the matter is confidential.

Spokespeople for Exxon and Pioneer declined to comment. The Wall Street Journal first reported on Thursday that a deal between the two companies was approaching.

Exxon, which has a market value of $436 billion, is the largest U.S. oil producer with an average 3.8 million barrels of oil equivalent per day (boed) from its global operations.

Last year it earned a record $55.7 billion thanks to high oil and gas prices and ended the year with $29.6 billion in cash.

Some of those profits have tapered off this year as energy prices, which surged after Russia's invasion of Ukraine, have fallen over concerns about a global economic slowdown weighing on fuel demand.

Acquiring Pioneer would give Exxon more established oil-producing land it can rely on to increase production when needed, rather than risk its cash on the development of unproven acreage.

"It makes complete sense," said Bill Smead, chief investment officer of Smead Capital Management, an investment firm which manages $5.2 billion in funds. "You replenish your reserves without poking holes in the ground."

Exxon produced about 620,000 boed in the Permian basin in the second quarter, a record for the company. Still, this was dwarfed by Pioneer's output in the basin, which averaged 711,000 boed in the same period.

The potential deal is set to attract political and regulatory scrutiny, after the White House accused Exxon in February of achieving bumper profits at the expense of consumers.

Other oil majors have also been turning to dealmaking because they find it risky to drill new acreage. Chevron Corp, for example, agreed in May to acquire shale producer PDC Energy (NASDAQ:PDCE) Inc in a stock-and-debt transaction worth $7.6 billion.

Pioneer itself has bulked up through dealmaking, including the acquisitions of U.S. shale rivals DoublePoint Energy for $6.4 billion in 2021 and Parsley Energy (NYSE:PE) for $7.6 billion in 2020.

The Dallas-based company is led by industry veteran Scott Sheffield, who has said he will retire at the end of this year and be succeeded by his chief operating officer Richard Dealy.

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Exxon Mobil's $59.5 billion acquisition of Pioneer set to challenge Chevron, Occidental in Permian basin

Exxon Mobil Corp (NYSE:XOM).'s strategic decision to acquire Pioneer Natural Resources (NYSE:PXD) Co. in an all-stock transaction valued at $59.5 billion is predicted to significantly strengthen its North American holdings and pose a challenge to Chevron Corp. (NYSE:CVX) and Occidental Petroleum Corp (NYSE:OXY).'s dominance in the Permian basin of West Texas. This assessment was provided by Wall Street analysts, including Piper Sandler and J.P. Morgan.

The acquisition, which offers an 18% upside for Pioneer's shares, comes amid Brent oil price volatility, currently hovering around $87 a barrel. The all-stock nature of the deal is seen as a de-risking strategy by Exxon against potential oil price fluctuations.

Despite experiencing a 4% drop in shares this year, in contrast to the S&P 500 index SPX's advance of 13%, Exxon's decision to acquire Pioneer is viewed positively by analysts. They argue that the acquisition enhances Exxon's attractive global upstream portfolio and provides it with best-in-class short-cycle investment flexibility.

This move comes after Exxon's shares hit an all-time record in late September. The acquisition of Pioneer is expected to bolster Exxon's position in the market and offer more competitive leverage against other industry giants such as Chevron and Occidental Petroleum Corp.

https://www.investing.com/news/stock-ma ... CH-3196321

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Analitycy Truist Securities przewidują, że przejęcie Pioneer Natural Resources (NYSE:PXD) przez ExxonMobil (NYSE:XOM) przyniesie umiarkowane zyski i przepływy pieniężne w krótkim okresie.

Oczekuje się jednak, że długoterminowe korzyści będą bardziej wyraźne, szczególnie po 2025 r., dzięki znacznie bardziej produktywnym zapasom w Stanach Zjednoczonych.

Obejmuje to zwiększenie produkcji w Gujanie Exxona, która ma wkrótce przekroczyć 600 tysięcy baryłek ropy dziennie (mbopd). Ponadto do 2 r. wolumeny permu mogą potencjalnie osiągnąć około 2027 milionów baryłek ekwiwalentu ropy dziennie (mmboepd).

Biorąc pod uwagę te czynniki, analitycy Truist podnieśli cenę docelową Exxona ze 110 USD do 131 USD za akcję i podnieśli rekomendację z Trzymaj do Kupuj.

"Niedawno zasugerowaliśmy, że XOM rozważy dodatkowe przejęcie po ogłoszeniu transakcji Denbury i uważamy, że PXD sprawdza wszystkie pola" - stwierdzili analitycy.

"Podczas gdy XOM ma już dużą pozycję zapasów pierwszego poziomu w USA, gwiezdna pozycja permska PXD i kluczowi ludzie (zakładając, że kilku kluczowych pracowników pozostanie) prawdopodobnie poprawią krajową produktywność XOM do jednego z najlepszych w branży."

Analitycy dodają, że niedawne przejęcie Pioneera przez Exxon uzupełnia wcześniejszą transakcję Denbury, znacznie zwiększając ślad firmy w zakresie sekwestracji wychwytywania dwutlenku węgla (CCS). To strategiczne posunięcie wzmacnia pozycję Exxon w dziedzinie wychwytywania i sekwestracji dwutlenku węgla, przyczyniając się do jego wysiłków na rzecz zrównoważonego rozwoju.

"Chociaż dodanie nowej spółki nie spowoduje istotnego wzrostu w najbliższej przyszłości, uważamy, że przyszłe lata mogą przynieść bardziej znaczące korzyści. Uważamy jednak, że spółka pro-forma zasługuje na wielokrotność zysków premii i zwrot z przepływów pieniężnych, biorąc pod uwagę skalę i prawdopodobnie dobrą produktywność nie mającą sobie równych" - podsumowali analitycy.