Argus analyst Bill Selesky raised his price target on Exxon Mobil (NYSE:XOM) stock to $169 from $166, maintaining a Buy rating after the integrated major posted a Q1 2026 earnings beat. The firm pointed to expected higher production rates in 2026 from both Permian and Guyana assets as the centerpiece of its bullish thesis. The ... Argus Hikes Exxon Mobil Price Target to $169 as Permian, Guyana Production Power 2026
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Moby summary of Texas Pacific Land Corporation's Q1 2026 earnings call
Oil companies are responding differently to the surge in crude prices.
Shell reported surging earnings as the Iran war brought a trading windfall. Shell’s first-quarter adjusted earnings rose to $6.92 billion from the $3.26 billion it reported in the prior quarter. Shell’s American depositary receipts were down 1.9% in premarket trading.
(Bloomberg) -- Shell Plc reported stronger-than-expected first-quarter earnings as the Iran war boosted trading profits and drove up energy prices, helping it to overcome a drop in oil and gas production from the conflict. Most Read from BloombergUS Has Opened a Passage Through Hormuz, Central Command SaysDOJ Plans Intervention in Trump Supreme Court Carroll AppealUS Says Offensive Phase of Iran War Over as Ship Hit in StraitSony to Pay Almost $4 Billion for Bieber, Neil Young CatalogUS, Iran We
Exxon Mobil (NYSE:XOM) is using AI powered seismic data analysis to speed up oil exploration work. The company is applying this technology first in Guyana to reassess previously overlooked assets. The new approach is cutting interpretation times and allowing faster screening of exploration prospects. For investors watching NYSE:XOM, this move sits at the core of how the company finds and ranks future projects. Seismic interpretation is a critical step in exploration, and using AI to process...
3 oil stocks face a binary May 2026 setup as the geopolitical premium meets JP Morgan's $60 fundamental case for crude prices.