$XOM Exxon Tape Reports
Per Ticker.id: $XOM Exxon Tape Reports — 75 podcast mentions across 17 podcasts (30 days), latest 2026-08-26 14:06 UTC.
Yeah, that's exactly right, Paul. You know, if you look at the global price of, you know, whether it's diesel or gasoline, it's obviously elevated with the tightness we're seeing based on the conflict with Iran and with the Russia-Ukraine conflict. You know, just recently on the second quarter call by ExxonMobil, you know, we heard from CEO Darren Woods that global refining capacity is off by as much as 5 to 6 million barrels. So that's as tight as the market's ever been. And we continue to see drawdowns in inventories. And we, we think the strength in those refined product prices will continue.
Ben Cook — Bloomberg Surveillance · Reacting to PCE and Market Look Ahead · 2026-08-26Welcome to Seeking Alpha's Wall Street Breakfast, where we cover the top news for investors every morning. It's good to be here with you on this Wednesday, August 26th. I'm Julie Morgan. Target fell nearly 4% on Tuesday after the retailer pulled a controversial Halloween costume. The product, sold as the Kids' Glows Under Blacklight Circus Clown Halloween Costume, prompted backlash on social media as some consumers said it resembled a racist caricature evocative of minstrel shows. Target issued an apology, saying in part, "We know this is especially hurtful for our Black guests, team members, and partners." In an internal email viewed by Reuters, the chief merchandising officer echoed Target's public apology, telling employees the item "never should have been in our assortment" and that the company would "learn from this and do better." An analyst with Morningstar said the share drop reflected the fragility of Target's competitive positioning. Noting that it relies on consumer relations and shopping experience to compete with retailers like Walmart and Costco that win on price. SpaceX plans to develop a $100 billion Starship launch and production complex on about 125,000 acres near Pecan Island, Louisiana. Starbase Louisiana is expected to include 5 launch complexes with 2 pads each, along with propellant production, power generation, vehicle processing, and employee housing. Construction is scheduled to begin in 2027, with the first launch targeted for 2029. The $100 billion project will give SpaceX another base for Starship operations, alongside its existing South Texas site and a planned facility at Cape Canaveral, Florida. The Louisiana location would support southbound launches over the Gulf of Mexico and missions into near-polar orbits. According to the president of SpaceX, the project could create 3,000 to 10,000 jobs. The company and Louisiana also plan to restore coastal wetlands and protect wildlife around the site, which previously belonged to ExxonMobil before being returned to the state through a legal settlement. And something that continues to show up on our list of trending topics: Walmart has added a contactless payment system including Apple Pay at select stores and Sam's Club locations. It rolled out earlier this week with further expansion planned for later this year. Tap to Pay at Walmart will allow shoppers to hold a credit card, phone, or smartwatch near a card reader to send payment data instantly without swiping or inserting a credit or debit card.
Julie Morgan — Wall Street Breakfast · Bullseye misses the mark · 2026-08-26AMD up nearly 5%, NVIDIA up 2% as we head into— remember, earnings for NVIDIA tomorrow after the bell. So that's going to be big news. But today you had oil prices pull back and therefore names like Exxon and Chevron were a bit weak, but kind of a mixed bag. Dow was up a third of 1%, S&P same, NASDAQ about two-thirds of 1%, and then Russell up about half a percent. What, uh, what did you take away from today's market?
Justin Klein — InvestTalk · Ray Dalio's Debt Crisis Warning: Is the US Heading for a Fiscal Breaking Point? · 2026-08-26ExxonMobil is amongst the potential buyers for Shell's US chemicals unit. This according to the Financial Times. The report also says that Apollo and the chemicals arm of the Kuwait Petroleum Corporation are amongst others who have expressed interest. The portfolio includes major facilities in Louisiana, Texas, and Pennsylvania, including the Manaca Petrochemicals complex, which is capable of producing as much as 1.6 million tonnes of polymers annually. So that in some M&A news or potential M&A news for you, just to round up our top stories. Right. Let's have a look at the markets this hour. So European stocks are down about a tenth of 1% on the Stoxx 600, FTSE 100 up by a tenth of 1%. As you see, oil prices now down by 1.2% for Brent crude futures, $93.27. Bond markets will be eagerly watching Scott Bessant and his fiscal consolidation speech expected this week. What will that do to bond markets after intervention last week? 10-year US yields are down 2.5 basis points at 4.71. The dollar, meanwhile, is firmer, actually a tenth of 1%. The Canadian dollar weaker, half of 1%. And gold climbing to the highest in more than 3 months. Those are the markets.
Caroline Hepker — Bloomberg News Now · US-Canada Trade War, 'Economic D-Day' For Iran, More · 2026-08-24And ExxonMobil is among the potential buyers for Shell's US chemicals unit, according to a report in the Financial Times. It also says Apollo and the chemicals arm of Kuwait Petroleum Corporation are among others who have expressed interest. The portfolio includes major facilities in Louisiana, Texas, and Pennsylvania, including the Monaca petrochemicals complex, which is capable of producing as much as 1.6 million tons of polymers annually. And those are some of our top stories this morning on the markets. The Stoxx 600 is down by 0.2%. Gold prices continuing to rise up another 0.9% today. Looking towards Wall Street, Nasdaq futures are down by 0.7%. S&P E-minis are 0.2% lower and the 10-year Treasury yield down 3 basis points to 4.7%.
Stephen Carroll — Bloomberg News Now · Canada Sees Long US Trade War, Ukraine's Independence Day, More · 2026-08-24Well, um, that's where I think the concentration problem is still alive and well, even if it's lessened within the equity market. So if you look at the, uh, consensus expectation for calendar year 2026 S&P earnings relative to 2025. And then you look at the top 10 stocks in terms of their earnings growth rates. So NVIDIA accounts for 18% of overall S&P 500 year-over-year growth expected in 2026. Micron adds another 14% on top of that. So cumulatively you're up to 32% for 2 stocks, 2 chip stocks. If you take all the way out to the top 10, and it was Luthold very recently that did a really fascinating study on this. I just wrote an internal note on it, so I can't just, you know, immediately point you to it in any of the public sites. But if you go out to the top 10, and 9 and 10 are actually not in the tech or tech adjacent space, it's Chevron and Exxon. But the top 10 earnings stocks are 65% of overall S&P 500 earnings. So there has been breadth in earnings. You know, I think all but one sector saw an improvement in estimates throughout the course of reporting season. The S&P throughout the course of this reporting season, which of course was just for the second quarter, you went from beginning of the quarter expectation of 24% growth, and now the blended growth rate inclusive of consensus estimates for those companies not yet having reported is more than 50%. So that's a huge, huge surprise factor. And there has been breadth because I think it's 10 out of 11 sectors saw an improvement. But there's still massive concentration. And I think that's another reason why you're seeing some of these rotations is concern about that. There's also the case that we've never seen a parabolic acceleration in the growth rate in earnings And the growth rate and the surprise factor, like we have seen now, the only two times where it's higher than what we've seen now was coming out of the COVID recession, coming out of the global financial crisis. And there it was about math. It was about math of the compression in earnings that meant the base effect, the base from which you were then doing year-over-year estimates, was a big spread. That's not the case right now.
Liz Ann Sonders — Excess Returns · The Rally is Broadening. The Earnings Growth Isn't. Liz Ann Sonders on Which Breaks First · 2026-08-22And you look at these other things again that you can't suppress, right? Yeah, you're not like— the Treasury isn't going to go and sell short ExxonMobil, right, and try and suppress the price of oil equities. They're going to do that in in oil futures, you know, they're going to drain the SPR reserve and, and, um, sacrifice the future resiliency of, of our, of our, you know, crude reserves, etc. Um, but if you look at some of these indicators that kind of, I think, are leading the way of what's to come, barring, you know, don't say, oh, you idiot, they just reopened, you know, okay, this changes if that happens, but I don't think it's going to happen. It might Yeah. MOU type of bullshit in front of midterms. But that's probably the other thing I'm thinking about. And I still don't like tech. I think semis are probably putting in a right shoulder if I were to guess, like we have the Anthropic IPO coming up in October, which if you remember back to the SpaceX IPO, it was sort of throw the kitchen sink at this market to keep it elevated to get this extremely important trillion-dollar IPO off. And then we did, and that marked the top. So I mean, it doesn't play out the same way usually, but could it? Yeah, it very well could. I don't know. What are you, what are you looking at?
David Wessel — Forward Guidance · Treasury-Led Financial Repression Is Ushering In A Debasement Regime | Weekly Roundup · 2026-08-20Sure. Go ahead. Dredge up those things and open the scab wounds down my arm. But it's good to remember those things. So that's what it was, is in 1997, there's a company out of Richmond, Virginia by the name of, at the time was Ethel Corporation. They eventually changed the name to Newark, controlled by the Gottwald family. The Gottwald family are, you know, have a history of really great capital allocation. And what they had done with the company was they had been consolidating their industry and it was additives for lubricants and engine motor oils and other things. And they bought out Texaco's business. They bought out Amoco's business. So the industry had been consolidated to 4 guys. They were the smallest. And so theoretically, they, be the guy who could continue to buy. The problem was the larger guys were, you know, one's a Chevron Conoco subsidiary called Warrenite. Another one was a Shell Exxon company called Infinium. And the last one was Lubrizol. And so that consolidated industry was one that they helped consolidate. And they looked around and they said, well, neither one of those guys are going to sell. And so what do we do? So they decided to buy back a lot of stock. So they levered up, bought back a bunch of stock. The family didn't sell any stock into the offering. And they did that at $45. And so a year later, stock's at $35. And so I'm like, well, you know, the Gottwald family's smart. Clearly, they thought it was worth more than $45. And so if I could buy it for $35, you know, I'd get to buy it for less than what they did. Of course, the facts that had happened in the meantime were that Warrenite had built a new facility in Asia because the Asia market was growing like a weed. Of course, then they built that facility in 1997. So in 1997, 1998, they have a new facility coming on, more capacity. And then the Asia financial crisis happens. So the market implodes. At the same time, the largest volume of business they do is engine motor oil additive. And so Pennzoil and Quaker State 2 of the largest customers merge. And so they come back to all the 4 suppliers and say, okay, who's the guy with the lowest price?
Bob Robotti — Excess Returns · We Asked Value Legend Bob Robotti Why the Real AI Trade Isn't AI — And Why Passive Helps Stock Pickers · 2026-08-18