Últimas noticias sobre Exxon Mobil (NYSE:XOM) Bolsa

EXXON MOBIL CORP

Exxon Mobil

ExxonMobil is an integrated oil and gas company that explores for, produces, and refines oil worldwide. In 2023, it produced 2.4 million barrels of liquids and 7.7 billion cubic feet of natural gas per day. At the end of 2023, reserves were 16.9 billion barrels of oil equivalent, 66% of which were liquids. The company is one of the world's largest refiners, with a total global refining capacity of 4.5 million barrels of oil per day, and is one of the world's largest manufacturers of commodity and specialty chemicals.

Wilkes-barre,,Pa,-,August,2,,2018:,President,Donald,Trump,Portrait

Equities

AAPL

AMZN

GOOG

MAGS

MSFT

NVDA

TSLA

Un acuerdo entre EE.UU. y la UE favorece a exportadores de energía y a los gigantes tecnológicos, según expertos del mercado.

Acuerdo EE.UU.-UE impulsa alza en acciones energéticas y tecnológicas

Chevron

Government

Large Cap

News

General

HESS

Trump presiona para que Chevron vuelva a operar en Venezuela pese a la oposición republicana y busca asegurar petróleo estratégico.

Trump impulsa el regreso de Chevron a Venezuela y desafía a los republicanos

Analyst Color

Analyst Ratings

Chevron gana arbitraje contra Exxon y se acerca a cerrar la compra de Hess, con sinergias previstas de 1000 millones de dólares.

Chevron despeja el camino para adquirir Hess tras fallo arbitral contra Exxon

Exxon Mobil Corp

XOMA Royalty Corp

XOMA Royalty Corporation - Depositary Shares Rep Series B 8.375% Cumulative Preferred Stock

XOMA Royalty Corporation - 8.625% Series A Cumulative Perpetual Preferred Stock

Tidal ETF Trust II YieldMax XOM Option Income Strategy ETF

Direxion Daily XOM Bull 2X Shares

Direxion Daily XOM Bear 1X Shares

Financial giants have made a conspicuous bullish move on Exxon Mobil. Our analysis of options history for Exxon Mobil (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XOM#NYSE">XOM</a>) revealed 16 unusual trades.
Delving into the details, we found 56% of traders were bullish, while 37% showed bearish tendencies. Out of all the trades we spotted, 3 were puts, with a value of $123,060, and 13 were calls, valued at $2,192,597.
<h3>What's The Price Target?</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $100.0 to $135.0 for Exxon Mobil over the last 3 months. 
<h3>Analyzing Volume &amp; Open Interest</h3>
In today's trading context, the average open interest for options of Exxon Mobil stands at 3251.42, with a total volume reaching 9,136.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Exxon Mobil, situated within the strike price corridor from $100.0 to $135.0, throughout the last 30 days.
<h3>Exxon Mobil Option Volume And Open Interest Over Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1753815788_0.png" alt="Options Call Chart" />
<h3>Noteworthy Options Activity:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>XOM</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>10/17/25</td>
<td>$3.55</td>
<td>$3.4</td>
<td>$3.45</td>
<td>$115.00</td>
<td>$1.3M</td>
<td>5.9K</td>
<td>4.1K</td>
</tr>
<tr>
<td>XOM</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>11/21/25</td>
<td>$1.49</td>
<td>$1.43</td>
<td>$1.45</td>
<td>$125.00</td>
<td>$253.7K</td>
<td>6.5K</td>
<td>1.7K</td>
</tr>
<tr>
<td>XOM</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>08/01/25</td>
<td>$1.72</td>
<td>$1.7</td>
<td>$1.72</td>
<td>$112.00</td>
<td>$91.1K</td>
<td>4.9K</td>
<td>962</td>
</tr>
<tr>
<td>XOM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>05/15/26</td>
<td>$4.1</td>
<td>$3.85</td>
<td>$4.09</td>
<td>$125.00</td>
<td>$86.0K</td>
<td>0</td>
<td>422</td>
</tr>
<tr>
<td>XOM</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$5.8</td>
<td>$5.7</td>
<td>$5.8</td>
<td>$115.00</td>
<td>$58.0K</td>
<td>7.3K</td>
<td>150</td>
</tr>
</tbody>
</table>

<h3>About Exxon Mobil</h3>
ExxonMobil is an integrated oil and gas company that explores for, produces, and refines oil worldwide. In 2023, it produced 2.4 million barrels of liquids and 7.7 billion cubic feet of natural gas per day. At the end of 2023, reserves were 16.9 billion barrels of oil equivalent, 66% of which were liquids. The company is one of the world's largest refiners, with a total global refining capacity of 4.5 million barrels of oil per day, and is one of the world's largest manufacturers of commodity and specialty chemicals.
Following our analysis of the options activities associated with Exxon Mobil, we pivot to a closer look at the company's own performance.
<h3>Current Position of Exxon Mobil</h3>
<ul>
<li>Trading volume stands at 9,407,775, with XOM's price up by 1.05%, positioned at $112.61.</li>
<li>RSI indicators show the stock to be may be approaching overbought.</li>
<li>Earnings announcement expected in 3 days.</li>
</ul>
<h3>What Analysts Are Saying About Exxon Mobil</h3>
A total of 3 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $130.0.
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20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;adType=benzinga-insights&amp;ad=options-activity&amp;campaign=wallstreetadvantage">Click here for access</a>. 
&#x2A; An analyst from Piper Sandler persists with their Overweight rating on Exxon Mobil, maintaining a target price of $134. 
&#x2A; An analyst from Scotiabank has decided to maintain their Sector Outperform rating on Exxon Mobil, which currently sits at a price target of $125. 
&#x2A; An analyst from Piper Sandler has decided to maintain their Overweight rating on Exxon Mobil, which currently sits at a price target of $131. 
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Exxon Mobil options trades with real-time alerts from <a href="https://www.benzinga.com/pro/">Benzinga Pro</a>.

Options

Markets

A Closer Look at Exxon Mobil's Options Market Dynamics

A newly finalized trade agreement between the <a href="https://www.benzinga.com/news/politics/25/07/46650830/donald-trump-announces-15-tariff-trade-agreement-with-eu-ending-months-of-trade-uncertainty">U.S. and the European Union</a> is poised to significantly benefit U.S.-based LNG exporters, the Magnificent 7 technology giants, and the broader tech sector, according to market experts.
What Happened: The <a href="https://www.benzinga.com/news/politics/25/07/46650830/donald-trump-announces-15-tariff-trade-agreement-with-eu-ending-months-of-trade-uncertainty">deal</a>, announced ahead of the Aug. 1 deadline, is seen as removing a key layer of uncertainty that had hung over the markets. 
Louis Navellier, founder and chief investment officer of Navellier &amp; Associates, told <a href="http://pro.benzinga.com/dashboard">Benzinga</a> that LNG exporters such as Dorian LPG Ltd. as likely winners. He noted that &#8220;the analyst community is revising their earnings estimates higher&#8221; for these companies.
The trade deal includes the EU's commitment to purchase $750 billion in U.S. energy over three years and invest another $600 billion in the U.S. economy.
Navellier also pointed to the &#8220;Magnificent 7 and other big U.S. technology companies&#8221; as beneficiaries, anticipating that &#8220;the EU is expected to be more reluctant to hit them with digital taxes&#8221; under the Donald Trump Administration.
The agreement&#8217;s impact extends to the overall U.S. stock market. Chris Zaccarelli, chief investment officer at Northlight Asset Management, told Benzinga that he views the deal as &#8220;good for US markets as it removes some of the uncertainty that was an overhang for the market, and at a 15% rate, it is lower than what was originally feared.&#8221;
Zaccarelli reiterated the positive outlook for technology and emphasized the energy sector, stating it &#8220;will be an even bigger beneficiary because of the intent of the EU to buy more energy from the United States as a result of the new trade deal.&#8221;
While the deal brings clarity, some of the positive news may have already been factored into stock prices. Zaccarelli noted, &#8220;news of this deal being &#8216;close&#8217; was released last week and some of the good news was likely already reflected in prices before today's official announcement.&#8221;
Here&#8217;s a list of the energy and technology sector beneficiaries highlighted by experts;
<figure class="wp-block-table is-style-stripes"> 
<table class="has-fixed-layout">
<tbody>
<tr>
<td>Energy Stocks</td>
<td>YTD Performance</td>
<td>One-Year Performance</td>
</tr>
<tr>
<td>Exxon Mobil Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XOM#NYSE">XOM</a>)</td>
<td>3.85%</td>
<td>-4.01%</td>
</tr>
<tr>
<td>Chevron Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVX#NYSE">CVX</a>)</td>
<td>6.52%</td>
<td>-0.20%</td>
</tr>
<tr>
<td>Occidental Petroleum Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OXY#NYSE">OXY</a>)</td>
<td>-8.55%</td>
<td>-24.31%</td>
</tr>
<tr>
<td>EOG Resources Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EOG#NYSE">EOG</a>)</td>
<td>-2.45%</td>
<td>-2.82%</td>
</tr>
<tr>
<td>Marathon Petroleum Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MPC#NYSE">MPC</a>)</td>
<td>23.54%</td>
<td>1.65%</td>
</tr>
<tr>
<td>CVR Energy Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVI#NYSE">CVI</a>)</td>
<td>52.93%</td>
<td>6.69%</td>
</tr>
<tr>
<td>Schlumberger NV (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SLB#NYSE">SLB</a>)</td>
<td>-6.25%</td>
<td>-24.78%</td>
</tr>
<tr>
<td>Dorian LPG Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LPG#NYSE">LPG</a>)</td>
<td>18.02%</td>
<td>-25.71%</td>
</tr>
</tbody>
</table>
</figure>
<figure class="wp-block-table is-style-stripes"> 
<table class="has-fixed-layout">
<tbody>
<tr>
<td>Energy ETFs</td>
<td>YTD Performance</td>
<td>One-Year Performance</td>
</tr>
<tr>
<td>United States Oil Fund LP (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/USO#NYSE">USO</a>)</td>
<td>0.31%</td>
<td>2.63%</td>
</tr>
<tr>
<td>ProShares Ultra Bloomberg Crude Oil (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UCO#NYSE">UCO</a>)</td>
<td>-11.66%</td>
<td>-16.09%</td>
</tr>
<tr>
<td>SPDR S&amp;P Oil &amp; Gas Exploration &amp; Production ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XOP#NYSE">XOP</a>)</td>
<td>-2.89%</td>
<td>-8.66%</td>
</tr>
</tbody>
</table>
</figure>
<figure class="wp-block-table is-style-stripes"> 
<table class="has-fixed-layout">
<tbody>
<tr>
<td>Big Tech Stocks And ETF</td>
<td>YTD Performance</td>
<td>One-Year Performance</td>
</tr>
<tr>
<td>Nvidia Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>)</td>
<td>27.79%</td>
<td>58.39%</td>
</tr>
<tr>
<td>Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>)</td>
<td>-12.22%</td>
<td>-1.92%</td>
</tr>
<tr>
<td>Microsoft Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>)</td>
<td>22.44%</td>
<td>20.10%</td>
</tr>
<tr>
<td>Amazon.com Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>)</td>
<td>5.71%</td>
<td>27.07%</td>
</tr>
<tr>
<td>Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>)</td>
<td>1.46%</td>
<td>13.03%</td>
</tr>
<tr>
<td>Meta Platforms Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>)</td>
<td>19.76%</td>
<td>54.09%</td>
</tr>
<tr>
<td>Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>)</td>
<td>-14.16%</td>
<td>40.28%</td>
</tr>
<tr>
<td>Roundhill Magnificent Seven ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/MAGS#BATS">MAGS</a>)</td>
<td>7.46%</td>
<td>31.23%</td>
</tr>
</tbody>
</table>
</figure>
See Also: <a href="https://www.benzinga.com/markets/equities/25/07/46679779/opendoor-skyrockets-314-in-a-month-amid-meme-stock-mania-hedge-fund-manager-who-reaped-windfall-">Opendoor Skyrockets 314% In A Month Amid Meme Stock Mania: Hedge Fund Manager Who Reaped Windfall Gains Says &#8216;I&#8217;m Not Here To Pump Up A Stock&#8217;</a>
Why It Matters: Looking ahead, experts believe the Aug. 1 deadline is largely being adhered to, providing further market certainty.
However, major outstanding trade negotiations include China, where Treasury Secretary Scott Bessent is reportedly in talks to extend the Aug. 14 deadline, and continuing discussions with Mexico and Canada.
Smaller deals with other nations are also anticipated to be finalized by the end of this week.
Price Action: The SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) and Invesco QQQ Trust ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>), which track the S&amp;P 500 index and Nasdaq 100 index, respectively, ended on a mixed note on Monday. The SPY was down 0.025% at $636.94, while the QQQ advanced 0.31% to $568.14, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a> data.
On Tuesday, the futures of the Dow Jones, S&amp;P 500, and Nasdaq 100 indices were trading higher.
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/equities/25/07/46657284/palantirs-next-stop-is-200-says-jim-cramer-as-pltr-glides-like-a-knife-through-butter" target="_blank" rel="noreferrer noopener">Palantir's Next Stop Is $200, Says Jim Cramer As PLTR Glides ‘Like A Knife Through Butter'</a></li>
</ul>
Photo courtesy: Shutterstock

Trump's EU Deal 'Good For US Markets,' Say Experts: META, AAPL, PLTR Among Likely Winners — See Full List

U.S. President Donald Trump is pressing ahead with a move to allow Chevron to resume oil operations in Venezuela, reversing a previous policy stance and defying opposition <a target="_blank" href="https://www.benzinga.com/topic/oil" rel="noreferrer noopener">from senior Republicans</a>.
The shift comes after a recent prisoner exchange with Caracas and highlights Trump's focus on securing U.S. access to Venezuela's vast energy reserves.
Citing people familiar with the discussions, the Wall Street Journal noted that Trump met at the White House last week with Senator Marco Rubio, former special envoy Ric Grenell, and other top aides.
Also Read: <a target="_blank" href="https://www.benzinga.com/m-a/25/07/46521105/chevron-wins-hess-related-arbitration-targets-1b-merger-synergies" rel="noreferrer noopener">Chevron Wins Hess-Related Arbitration, Targets $1 Billion In Merger Synergies</a>
During the meeting, Trump acknowledged Rubio's long-standing opposition to engaging with President Nicolás Maduro's regime but made it clear he wanted American companies to be prioritized for Venezuela's oil.
Days later, a prisoner deal was announced, releasing the final ten detained Americans held by Venezuela.
In a rare moment of gratitude, Maduro this week thanked Trump, Rubio, and Grenell for their roles in the prisoner swap that also allowed more than 250 Venezuelans held in El Salvador to return home. "Beyond all of our differences, we have to learn in this life to be thankful," Maduro said on state television.
The WSJ <a target="_blank" href="https://www.wsj.com/world/americas/trump-administration-greenlights-chevron-to-resume-pumping-oil-in-venezuela-0353262b" rel="noreferrer noopener">reported</a> that Chevron would operate without paying royalties or taxes to Maduro's government under the agreement in progress, though full terms have not been disclosed.
A senior State Department official told WSJ that "the U.S. government will not allow the Maduro regime to profit from the sale of oil." Rubio, a vocal critic of the Biden-era oil licenses, had called for terminating all deals that benefited Maduro.
The Trump administration revoked Chevron's license earlier this year under pressure from Florida Republicans and critics of Maduro, including Rubio.
Chevron has long argued that reestablishing operations in Venezuela would help counter China's influence and bolster U.S. energy security. Officials say Trump shares that view and sees Venezuela's oil, mineral, and gas resources as a key strategic opportunity.
However, energy experts questioned why Maduro would agree to a deal with no financial gain. "Why would Maduro allow barrels to go to the U.S.?" asked Francisco Monaldi of Rice University. "He can send them to China and get paid, maybe at a discount, but better than zero."
The Chevron deal follows a broader softening in Trump's approach toward Venezuela. His administration has scaled back the "maximum pressure" campaign launched during his first term, which aimed to topple Maduro amid accusations of election fraud and repression.
Meanwhile, Venezuela's oil output has hovered around 900,000 to 1 million barrels per day. Citing some analysts, the report says Caracas is using transshipment routes through countries like Malaysia to move crude to China, skirting U.S. sanctions. The White House has floated the possibility of 25% tariffs on countries importing Venezuelan oil.
Last week, Chevron won a dispute with&nbsp;Exxon Mobil Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XOM#NYSE">XOM</a>) over&nbsp;Hess Corp's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HESS#NYSE">HESS</a>) offshore&nbsp;oil assets in Guyana.
The International Chamber of Commerce's (ICC) ruling, which favors Chevron, allows the oil major to complete its&nbsp;<a target="_blank" href="https://www.benzinga.com/m-a/25/07/46493214/exxons-block-fails-chevron-seals-53-billion-hess-deal-after-ruling" rel="noreferrer noopener">$53 billion acquisition of Hess</a>.
The company also announced its plans for a $5 billion blue hydrogen and ammonia facility, "Project Labrador," in Port Arthur, Texas. The facility aims to be groundbreaking in 2027 <a target="_blank" href="https://www.benzinga.com/markets/large-cap/25/07/46372916/chevrons-cost-cuts-diversified-growth-propel-stock" rel="noreferrer noopener">and operational in 2032</a>.
Price Action: CVX stock traded 0.07% higher to $155.94 in after-hours trading on Thursday.
Read Next:
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<li><a href="https://www.benzinga.com/markets/tech/25/07/46626379/alibaba-chinese-tech-firms-slash-ai-model-prices-to-win-developers" target="_blank" rel="noreferrer noopener">Alibaba, Chinese Tech Firms Slash AI Model Prices To Win Developers</a></li>
</ul>
Photo via Shutterstock

Chevron Set To Restart Venezuela Oil Operations After Trump Reversal

Global X ETFs is setting its sights on the big fish, unfiltered and uncapped. The asset manager unveiled today that it is launching its PureCapSM Suite, a new set of five <a href="https://www.benzinga.com/topic/etfs">ETFs aimed to offer uncapped access</a> to market capitalization dominators in primary U.S. sectors.
All five ETFs have an expense ratio of 0.25%, providing low-cost investors with a hassle-free way to better approximate the true weight of sector giants in their portfolios. Each fund tracks an MSCI USA sector index, weighted by constituents on a purely market-capitalization basis, without imposing the usual regulatory caps that can dilute performance.
Also Read: <a href="https://www.benzinga.com/etfs/specialty-etfs/25/07/46587286/a-new-kind-of-etf-is-tempting-yield-chasers-with-new-trade-offs">A New Kind Of ETF Is Tempting Yield Chasers—With New Trade-Offs</a>
Regulatory caps are constraints on the level of exposure an ETF may have to any one stock, typically capping sector giants like Apple (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) or Nvidia (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) at 25% or below to satisfy diversification requirements. This can result in sector ETFs underrepresenting market leaders, producing performance that deviates from the actual sector trend.
One of the new additions is the Global X PureCap MSCI Information Technology ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GXPT#NYSE">GXPT</a>), which mirrors the MSCI USA Information Technology Index. GXPT has the potential to provide investors with complete exposure to technology giants such as Apple, Microsoft (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), and Nvidia, whose enormous market capitalizations tend to be underrepresented in regular tech ETFs.
In the meantime, the Global X PureCap MSCI Energy ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GXPE#NYSE">GXPE</a>) tracks the MSCI USA Energy Index, providing investors with a direct view of industry leaders such as ExxonMobil (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XOM#NYSE">XOM</a>) and Chevron (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVX#NYSE">CVX</a>). Energy stocks have had a bumpy ride recently, making full-cap exposure particularly timely for those who are counting on oil and gas recoveries.
For investors seeking to harness the full strength of American consumer behavior, there are two options: Global X PureCap MSCI Consumer Discretionary ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GXPD#NYSE">GXPD</a>) and Global X PureCap MSCI Consumer Staples ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GXPS#NYSE">GXPS</a>). GXPD tracks the MSCI USA Consumer Discretionary Index, and GXPS tracks the MSCI USA Consumer Staples Index, both of which are constructed to have proportionate exposure to the top players in their respective sectors, ranging from car and retail manufacturers to food brands and household products.
Completing the lineup is the Global X PureCap MSCI Communication Services ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GXPC#NYSE">GXPC</a>), which tracks the MSCI USA Communication Services Index and provides investors with uncapped exposure to telecommunication and streaming giants such as Alphabet (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) and Meta Platforms (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>).
<h2 class="wp-block-heading">Why Go &#8220;PureCap&#8221;?</h2>
Global X states the launch is in answer to growing investor interest in sector-based strategies not burdened by regulatory restrictions. Several sector ETFs are capped to avoid over-weighting a single stock, thereby diluting performance, particularly in sectors where giants tend to dominate.
By following MSCI USA sector indexes that apply pure market capitalization weightings, the PureCap ETFs enable investors to harness the entire power of sector leaders without artificial limits. The funds also apply representative sampling to closely replicate index performance while retaining exposure to leading names.
Global X also boasts the inherent benefits of the ETF wrapper, including tax efficiency, liquidity, and systematic rebalancing, as significant advantages for long-term investors seeking concentrated sector plays.
The PureCap suite complements Global X&#8217;s expanding portfolio of thematic, income, and core equity ETFs. With more than $60 billion in assets under management, the company continues to innovate in providing targeted, smart exposure to shifting market dynamics.
Read Next:<a href="https://www.benzinga.com/etfs/new-etfs/25/07/46590778/want-to-bet-bigger-on-unitedhealth-now-theres-a-cheaper-way"> </a>
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<li><a href="https://www.benzinga.com/etfs/new-etfs/25/07/46590778/want-to-bet-bigger-on-unitedhealth-now-theres-a-cheaper-way">Want To Bet Bigger On UnitedHealth? Now There's A Cheaper Way</a></li>
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<a href="https://www.linkedin.com/posts/fuelcell-energy_innovationfund-activity-7353774197560483843-wDkJ/?utm_source=share&amp;utm_medium=member_desktop&amp;rcm=ACoAAB8wy38BEh70rZDOPuMUdcFYN__XtZA5lDM">https://www.linkedin.com/posts/fuelcell-energy_innovationfund-activity-7353774197560483843-wDkJ/?utm_source=share&amp;utm_medium=member_desktop&amp;rcm=ACoAAB8wy38BEh70rZDOPuMUdcFYN__XtZA5lDM</a>
As outlined by ExxonMobil: "Scientists at ExxonMobil and FuelCell Energy, Inc. are jointly pursuing new technology that could reduce the costs associated with current CCS processes by increasing the amount of electricity a power plant produces while simultaneously delivering significant reductions in carbon dioxide emissions. Laboratory tests have indicated that applying carbonate fuel cells to natural gas power generation could capture carbon dioxide more efficiently than current, conventional CCS technology. In fact, our research indicates that by applying this new technology, more than 90 percent of a natural gas power plant's carbon dioxide emissions could be captured."

FCEL

'FuelCell Energy is excited to see continued progress on this carbon capture and storage (CCS) initiative with ExxonMobil Benelux.' - LinkedIn Post From FuelCell Energy

<ul>
<li>Exxon interested in blocks near Guyana's Stabroek field</li>
<li>Trinidad's new PM aims to boost offshore investment</li>
<li>Ongoing deepwater auction excludes Exxon's desired blocks</li>
<li>Trinidad open to bids outside auctions, minister hints</li>
</ul>
HOUSTON, July 22 (Reuters) - Exxon Mobil <a href="https://workspace.refinitiv.com/web/apps/quotewebapi?RIC=XOM.N">XOM.N</a> has begun negotiations with the Trinidad and Tobago government to explore for oil and gas in up to seven deepwater blocks off the East Coast of the Caribbean country, which the top U.S. oil producer left more than two decades ago, two sources close to the talks told Reuters.
The areas Exxon is interested in are located north of the company's prolific Stabroek block in Guyana, the fastest-growing oil production province in the world, the people said.
Exxon and partners Hess <a href="https://workspace.refinitiv.com/web/apps/quotewebapi?RIC=HES.N">HES.N</a> and CNOOC <a href="https://workspace.refinitiv.com/web/apps/quotewebapi?RIC=600938.SS">600938.SS</a> have discovered more than 11 billion barrels of recoverable oil and gas in <a href="reuters://REALTIME/verb=NewsStory/ric=nL2N3FT3DI">Stabroek</a> and plan to produce more than 900,000 barrels per day of light sweet crude later this year.
Trinidad's Energy Minister Roodal Moonilal did not respond to Reuters' request for comment. Exxon said it does not comment on rumors or speculation.
Exxon left Trinidad and Tobago in 2003 after a failed exploration program.
Under the new government of Prime Minister Kamla Persad-Bissessar, Trinidad aims to rejuvenate investment, especially offshore, where more gas output is needed to support the nation's liquefied natural gas (LNG) and petrochemical industries.
Since she took office in April, a flagship offshore gas project with neighboring Venezuela that <a href="reuters://REALTIME/verb=NewsStory/ric=nL2N3QM16Y">lost its U.S. authorization</a> to move forward has been shelved, while the government has focused efforts on deepening ties with the region's other energy producers.
According to Trinidad's laws, the government can individually negotiate areas for exploration and production if they are not included in a competitive bidding round.
Trinidad and Tobago is in the middle of a <a href="https://www.energy.gov.tt/wp-content/uploads/2025/02/2025-Deep-Water-Competitive-Bidding-Round-Map.png">deepwater auction</a> that has been extended to close on <a href="reuters://REALTIME/verb=NewsStory/ric=nL2N3OO0VE">September 17</a>, and which does not include the blocks Exxon is negotiating for.
If Exxon and Trinidad reach an agreement, the U.S. producer could acquire almost all the ultra deepwater blocks that remain unlicensed.
The large discoveries of oil and gas made in recent years in the Guyana-Suriname basin are one of the reasons why Trinidad is now seeing a renewed interest in its ongoing deepwater auction, the country's energy minister said at a conference early in July.
Moonilal also said Trinidad was open to bids outside of auctions and hinted at the negotiations.
"We are currently considering one such proposal, and if the negotiations are successful, a major announcement will soon be made," he added.
&nbsp;

'Exxon Mobil In Talks With Trinidad For Seven Deepwater Blocks, Sources Say' - Reuters Exclusive

Chevron Corp's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVX#NYSE">CVX</a>) win in the arbitration ruling against Exxon Mobil Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XOM#NYSE">XOM</a>) has cleared <a href="https://www.benzinga.com/topic/mergers-and-acquisitions">the way for the acquisition</a> of Hess Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HES#NYSE">HES</a>).
"While this outcome was somewhat anticipated by the market, it nevertheless lifted a key overhang on the stock, which had clouded the long-term outlook given the unique cash flow growth potential from HES's 30% stake in the world class Guyana resource base," JPMorgan <a href="https://www.benzinga.com/analyst-stock-ratings/analyst/59b8033d15737d000128a73d/arun-jayaram">analyst Arun Jayaram</a> said in a note.
The Thesis: Although the ruling was favorable, Chevron's stock surprisingly declined by0.9% on Friday, the analyst stated.
Check out <a href="https://www.benzinga.com/analyst-stock-ratings">other analyst stock ratings</a>.
The pullback seems to have been due to "index-related selling pressure," which should ease this week, he added.
Chevron said that the merger with Hess would enhance its upstream portfolio, which could drive "significant free cash flow and production growth through 2030+." Jayaram wrote.
The company is targeting $1 billion in merger synergies by the end of 2025, which comes from three segments, namely, $500 million from corporate cost reductions, $200 million from eliminating put options from hedges, and $300 million in cash tax savings, the analyst further said.
CVX Price Action: Shares of Chevron had declined by 0.06% to $149.95 at the time of publication on Monday.
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Chevron Wins Hess-Related Arbitration, Targets $1 Billion In Merger Synergies

WIIM

Exxon Mobil shares are trading lower after the International Chamber of Commerce Tribunal made a ruling related to its contractual dispute with Hess that favored Chevron.

TotalEnergies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TTE#NYSE">TTE</a>) is a French company with over 100 years of experience in the oil industry and a presence in more than 130 countries.
It is considered one of the major oil companies, with a leading position in the upstream, midstream, and downstream oil segments.
The Company also plays a significant role in the LNG market and has increased its capital expenditures on low-carbon energies to strengthen its position in this industry.
In the first three months of 2025, Totalenergies recorded "revenues from sales" for an amount of $47,899m ($51,883m for the same period of 2024) and "cost of sales" for an amount of $33,853m ($36,722 in 2024).
Gross Profit result was $14,046m, EBIT was recorded at an amount of $7,089m while the net income for the period was $3,921m.

<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="602" height="274" src="https://contributor-assets.benzinga.com/wp-content/uploads/2025/07/18120432/Totalenergies-31.03.2025-Income-Expenditure.png" alt="Totalenergies - Income Statement" class="wp-image-16087" srcset="https://contributor-assets.benzinga.com/wp-content/uploads/2025/07/18120432/Totalenergies-31.03.2025-Income-Expenditure.png 602w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/07/18120432/Totalenergies-31.03.2025-Income-Expenditure-300x137.png 300w" sizes="(max-width: 602px) 100vw, 602px" /></figure>
TotalEnergies primarily focuses on the exploration and production of oil and gas.
However, in recent years, the French company has restructured its operations to align with its long-term strategy of increasing low-carbon activities and aims to become a net-zero company by 2050.
In 2024, Totalenergies was organised into five business segments:
<ul class="wp-block-list">
<li>&#8220;Exploration &amp; Production&#8221; includes the oil and natural gas exploration and production activities (excluding LNG) in about 50 countries and the carbon neutrality activities.</li>
<li>&#8220;Integrated LNG&#8221; includes the integrated gas chain, biogas, hydrogen and gas trading activities.</li>
<li>&#8220;Integrated Power&#8221; includes renewable energy activities, electricity generation, storage, trading, and B2B and B2C marketing activities.</li>
<li>&#8220;Refining &amp; Chemicals&#8221; includes refining, base petrochemicals, polymer derivatives, biomass transformation, and trading and shipping activities.</li>
<li>&#8220;Marketing &amp; Services&#8221; includes the global supply and marketing activities of oil products and services, low-carbon fuels, and new energies for mobility.</li>
</ul>
TotalEnergies&nbsp;is a stock usually selected by investors seeking a reliable dividend income source at low risk and at a cheap price.
In this article, we analyse the dividends the French company has offered to its shareholders since 2012 and the returns that investors can reasonably expect in the coming years.

<h2 class="wp-block-heading has-text-align-center has-large-font-size">Dividend Analysis</h2>
TotalEnergies&nbsp;has a solid tradition of dividend returns.
In the period 2012-2025, the French Company has offered increasing dividends, from 0.57 Euro paid in 2012 to 0.85 Euro the Company will pay in July 2025 (+49.12%).
The Company also paid dividends during difficult times (e.g. COVID) thanks to a strong balance sheet and financial discipline.
<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="602" height="234" src="https://contributor-assets.benzinga.com/wp-content/uploads/2025/07/18120748/Totalenergies-Dividend-history.png" alt="Totalenergies - Dividend History" class="wp-image-16088" srcset="https://contributor-assets.benzinga.com/wp-content/uploads/2025/07/18120748/Totalenergies-Dividend-history.png 602w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/07/18120748/Totalenergies-Dividend-history-300x117.png 300w" sizes="(max-width: 602px) 100vw, 602px" /></figure>
Since 2012, Totalenergies has offered the following annual dividend increases to its shareholders:
<ul class="wp-block-list">
<li>3.13% and 4.48% in 2018 and 2019</li>
</ul>
<ul class="wp-block-list">
<li>6.05%, 6.64% and 6.52% in 2022, 2023 and 2024</li>
<li>Up to 2.46% (2013) in the other periods.</li>
</ul>
(The calculation does not consider the interim dividend of 1 Euro paid in 2022).
In 2020 (COVID), the Company paid the dividends with a decrease of 1.52% compared to 2019.
In July 2025, TotalEnergies will pay a final 2024 dividend of 0.85 Euro per share resulting in an increase for the 2024 dividend to 3.22 Euro per share compared to the 2023 dividend. Furthermore, the Board of Directors also confirmed a shareholder return policy for 2025 targeting &gt;40% CFFO payout, which will combine interim dividends increasing to 0.85 Euro per share and $2 billion of share buybacks per quarter, a level which will be pursued under reasonable market conditions.
<h3 class="wp-block-heading has-text-align-center has-medium-font-size">The &#8220;Exploration &amp; Production&#8221; segment: the Company&#8217;s primary cash generator</h3>
Historically, the French Company has offered increasing dividends thanks to its capacity to generate solid cash flows from its core business.
In the period 2012-2024,&nbsp;Totalenergies generated &#8220;cash flow from operating activities&#8221; in the range of 15-25 billion dollars (based on the cycle).

<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="909" height="448" src="https://contributor-assets.benzinga.com/wp-content/uploads/2025/07/18121029/Totalenergies-Cash-Flow-from-Operating-Activities.png" alt="Totalenergies - Cash Flow from Operating Activities" class="wp-image-16089" srcset="https://contributor-assets.benzinga.com/wp-content/uploads/2025/07/18121029/Totalenergies-Cash-Flow-from-Operating-Activities.png 909w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/07/18121029/Totalenergies-Cash-Flow-from-Operating-Activities-300x148.png 300w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/07/18121029/Totalenergies-Cash-Flow-from-Operating-Activities-768x379.png 768w" sizes="(max-width: 909px) 100vw, 909px" /></figure>
In 2024, the French company recorded 30.854 million of dollars of cash flow from operating activities:
<ul class="wp-block-list">
<li>56.36% from the "Exploration &amp; Production" segment</li>
<li>16.8% from the "Integrated LNG" segment</li>
</ul>
(Only 1% was generated by the "Integrated Power" segment).
With regard to the upstream activities, the production reached 2.4 Mboe/d, including 1.5 Mboe/d of oil and 1.1 Mboe/d of gas around different countries.

<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="602" height="371" src="https://contributor-assets.benzinga.com/wp-content/uploads/2025/07/18121156/Totalenergies-Oil-Production-Year-2024.png" alt="Totalenergies - Oil &amp; Gas production - Year 2024" class="wp-image-16090" srcset="https://contributor-assets.benzinga.com/wp-content/uploads/2025/07/18121156/Totalenergies-Oil-Production-Year-2024.png 602w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/07/18121156/Totalenergies-Oil-Production-Year-2024-300x185.png 300w" sizes="(max-width: 602px) 100vw, 602px" /></figure>
The Company&#8217;s portfolio has a low breakeven point, in line with its objective of keeping it below $30/b (Totalenergies&#8217; organic cash breakeven point before dividend was $25.4/b in 2024), which ensures the competitiveness of its resources.
For its Upstream Oil &amp; Gas assets in 2024, the French Company has the lowest production cost per barrel of around $4.9/boe among its peers (e.g.,&nbsp;BP PLC (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/bp#NYSE">BP</a>), Chevron (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVX#NYSE">CVX</a>), ExxonMobil (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XOM#NYSE">XOM</a>), Shell (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHEL#NYSE">SHEL</a>).
Although the Company has established a long-term strategy to move from oil to low-carbon energies, Totalenergies does not plan a quick retreat from oil.
In 2025, the French firm expects net investments of $17-17.5 billion.
Through cycles,&nbsp;Totalenergies expects net investments between $14 billion and $18 billion per year along the following lines:
<ul class="wp-block-list">
<li>33% of net investments in low-carbon energies</li>
<li>20% of net investments in natural gas, mainly LNG</li>
<li>45% of net investments in the oil chain.</li>
</ul>
<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="476" height="340" src="https://contributor-assets.benzinga.com/wp-content/uploads/2025/07/18121305/Totalenergies-CAPEX.png" alt="Totalenergies - CAPEX Investments" class="wp-image-16092" srcset="https://contributor-assets.benzinga.com/wp-content/uploads/2025/07/18121305/Totalenergies-CAPEX.png 476w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/07/18121305/Totalenergies-CAPEX-300x214.png 300w" sizes="(max-width: 476px) 100vw, 476px" /></figure>
With regard to CAPEX investments on oil, Totalenergies is focusing on selecting projects that can offer higher margins and generate more cash flow.
In line with this strategy, TotalEnergies has increased the selectivity of its exploration investments, with a greater focus on oil prospects with low technical costs, low GHG emissions, and short timelines for production.
The Company assesses its EP investment projects by considering an environment of $50/b and a CO2 price of $100/t from 2025 in all countries and focuses on projects with costs of less than $20/boe or where the break-even is less than $30/b and where GHG emissions (Scope 1+2) are less than the average of its portfolio in 2023.
In addition to those criteria, the French Company intends to balance its exploration investments among mature areas, emerging provinces, and frontier basins:
<ul class="wp-block-list">
<li>35% in mature areas, which should be situated near existing producing fields and infrastructures with relatively low levels of geological risk.</li>
<li>50% in emerging provinces, which should be in under-explored areas where the presence of hydrocarbons is already proven.</li>
<li>15% in frontier basins where the highest resource potential exists.</li>
</ul>
Based on this analysis, the &#8220;Exploration &amp; Production&#8221; segment will continue to serve as the Company&#8217;s primary cash generator for many years, influencing the dividends that TotalEnergies can provide to its shareholders.
<h3 class="wp-block-heading has-text-align-center has-medium-font-size">Is a 7% increase in dividends a reasonable expectation for the next 5 to 7 years?</h3>
If we compare the dividends offered by the Company and the cash flow it generated from its operating activities, we note that:
<ul class="wp-block-list">
<li>TotalEnergies recorded the all-time high result in &#8220;cash flow from operating activities&#8221; in 2022; the French Company distributed an interim dividend to its shareholders that year.</li>
<li>In 2023 and 2024, cash flow generation results exceeded the normal trend. Over the last two years, Totalenergies provided its two highest dividend increases at 6.64% and 6.52%.</li>
</ul>
Totalenergies achieved record earnings and generated an all-time high of $46 billion in cash flow in 2022.
All segments contributed to stronger cash flow generation:
<ul class="wp-block-list">
<li>$26 billion from E&amp;P (+39% on higher oil and gas prices and despite the UK windfall tax profit, which represented $1 billion in 2022).</li>
<li>$10 billion from LNG, a record high.</li>
<li>$10 billion from the downstream activities, driven by the contribution from the refining of close to $8 billion (more than 2.5 times 2021 contribution), thanks to a higher refining utilization rate that allowed Totalenergies to capture high margins.</li>
<li>$1 billion from the Integrated Power business unit.</li>
</ul>
The cash flow was allocated as per the following:
<ul class="wp-block-list">
<li>$17 billion return to shareholders: $7.3 billion of ordinary dividend plus $7 billion of buybacks and $2.7 billion of special dividend that was paid in December.</li>
<li>$16.3 billion for investment.</li>
<li>$14.5 billion of debt reduction, which cut company&#8217;s gearing by more than half, to 7% end of 2022 compared to 15.3% end of 2021.</li>
</ul>
An exceptional macroeconomic situation supported these outstanding results.
In February 2022, Russia invaded Ukraine, and oil prices jumped above $100 a barrel and increased to $127 per barrel on the 8th of March before falling back to below $100 in June of that year, where they have remained since.
This event also significantly impacted the LNG market; the Russia-Ukraine war drove gas and LNG prices to never-seen-before levels as Europe scrambled to decouple from Russian pipe gas by importing an additional 50 million tons of LNG in 2022. This represents more than 10% of the market.
In this scenario, Totalenergies was in a favourable position: in 2022, the Company managed 48 million tons of LNG, 12% of the market;&nbsp;the French firm was the first US exporter and first European regas holder.
Thanks to the results recorded in 2022, Totalenergies significantly improved the solidity of its balance sheet and supported significant dividend increases in 2023 and 2024.
In our opinion, the macroeconomic scenario in the coming years will not offer the same opportunities for big oil companies.
Oil quotations are expected to be between 60 and 80 dollars per barrel in the next 5-7 years; they are unlikely to reach 100 dollars.
Also, LNG and refining activities, two important businesses for Totalenergies, are not expected to offer the same opportunities as in 2022.

<h4 class="wp-block-heading has-medium-font-size">LNG Market</h4>
In 2024, the &#8220;Integrated LNG&#8221; segment generated 16.8% of the Company&#8217;s cash flow.
CAPEX investments in new LNG projects will increase the percentage of cash flow that&nbsp;Totalenergies&nbsp;will generate from this business unit.
However, the LNG market is not expected to offer the same opportunities it did in 2022 because the price should slow down in the period 2027-2029 due to increasing production of 50 million tons of new capacity per year (+30% increase in three years) and reduce the potential profit for companies in this sector.
Asia represents about 70% of the world&#8217;s LNG demand and is expected to be a major outlet for the next wave of LNG.
<ul class="wp-block-list">
<li>The LNG market in Asia recorded a growth of 8% per year during the period: 2015-2021.</li>
<li>It recorded a dip in demand in 2022 when Asia had to compete for available LNG cargos with Europe.</li>
<li>Since then, the Asian market recorded a renewed demand growth.</li>
</ul>
Analysts expect a strong demand pull from the region between 2025 and 2030 because the expected wave on the supplied side will create softening prices, which will trigger additional demand from price-sensitive countries such as India and South-East Asia, as it has happened in the past.
<h4 class="wp-block-heading">Refining market</h4>
In 2022, the Refining business generated 8 billion in cash flow.
The result was supported by supply shortages caused by Russia&#8217;s invasion of Ukraine, disruptions to Red Sea navigation by Houthi militants, and a significant recovery in demand following the COVID-19 pandemic.
The macroeconomic scenario has changed now: the industry is currently recording a significant oversupply, which is significantly stressing the profit margins.
There are three main reasons to explain the actual oversupply:
<ul class="wp-block-list">
<li>In 2022 and 2023, when margins were positive, some companies that planned to restructure their refineries, stopped the process. This situation increased the supply more than expected.</li>
<li>Some old Chinese refineries called the &#8220;teapots&#8221;, which should be shut down, are still cooking.</li>
<li>New refineries coming on stream in Africa, the Middle East, and Asia have increased the supply of refinery products.</li>
</ul>

<h2 class="wp-block-heading has-text-align-center has-large-font-size">Final Comment</h2>
<a href="http://www.totalenergies.com">TotalEnergies</a>&nbsp;has a solid tradition of dividend returns.
Historically, the French Company has offered increasing dividends thanks to its capacity to generate solid cash flows from its oil &amp; gas businesses.
Although the Company has established a long-term strategy to move from oil to low-carbon energies, Totalenergies does not plan a quick retreat from oil.
Based on this analysis, the &#8220;Exploration &amp; Production&#8221; segment will continue to serve as the Company&#8217;s primary cash generator for many years, influencing the dividends that TotalEnergies can offer to its shareholders.
In our opinion, dividend distribution in the last three years have been significantly influenced by an exceptional macroeconomic situation which is unlikely to happen in the coming years.
For this reason, we do not believe that the French Company will be able to maintain a 7% increase in the mid-term period. Based also on its track history, we believe that an increase of 3-5% is a more reasonable expectation for investors.
Benzinga Disclaimer: This article is from an unpaid external contributor. It does not represent Benzinga&#8217;s reporting and has not been edited for content or accuracy.

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TotalEnergies: Why I Expect Dividend Growth To Slow From Recent Years

In a pivotal moment for the energy sector, Chevron Corporation&#8216;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVX#NYSE">CVX</a>) has won a dispute with Exxon Mobil Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XOM#NYSE">XOM</a>) over Hess Corp&#8217;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HESS#NYSE">HESS</a>) offshore <a href="https://www.benzinga.com/topic/oil">oil assets in Guyana.</a>
Exxon CEO Darren Woods confirmed the latest news in an <a href="https://www.cnbc.com/2025/07/18/chevron-defeats-exxon-in-dispute-over-guyana-oil-assets-clearing-path-for-hess-acquisition.html">interview </a>with CNBC on Friday.
The International Chamber of Commerce&#8217;s (ICC) ruling, which favors Chevron, allows the oil major to complete its <a href="https://www.benzinga.com/government/24/09/41098199/ftc-clears-chevrons-53b-hess-merger-sets-restriction-for-john-hess" target="_blank" rel="noreferrer noopener">$53 billion acquisition of Hess</a>.
&#8220;We disagree with the ICC panel&#8217;s interpretation but respect the arbitration and dispute resolution process. As we&#8217;ve said before, ExxonMobil and CNOOC are aligned that we had a duty to ensure contract terms are always adhered to and not set a bad precedent for ourselves and industry,&#8221; Exxon <a target="_blank" href="https://investor.exxonmobil.com/company-information/press-releases/detail/1190/exxonmobil-responds-to-international-chamber-of-commerce" rel="noreferrer noopener">said</a> in a statement on Friday.
&#8220;Given the significant value we've created in the development of the Guyana resource, we believed we had a clear duty to our investors to consider our preemption rights to protect the value we created through our innovation and hard work at a time when no one knew just how successful this venture would become. We welcome Chevron to the venture and look forward to continued industry-leading performance and value creation in Guyana for all parties involved,&#8221; Exxon added.
Also Read: <a href="https://www.benzinga.com/markets/large-cap/25/07/46372916/chevrons-cost-cuts-diversified-growth-propel-stock" target="_blank" rel="noreferrer noopener">Chevron&#8217;s Cost Cuts, Diversified Growth Propel Stock</a>
Exxon and China's CNOOC had taken their case to the International Chamber of Commerce (ICC), arguing they had a right of first refusal to buy Hess's stake in the Stabroek Block — a major oil project off the coast of Guyana.
Exxon owns 45% of the Stabroek Block and operates it, while CNOOC holds a 25% stake. Both companies opposed Hess's plan to sell itself to Chevron, claiming their contracts gave them the first right of refusal to buy Hess's interest in the block.
Chevron and Hess <a target="_blank" href="https://www.benzinga.com/analyst-stock-ratings/analyst-color/25/07/46353438/chevron-hess-arbitration-nears-verdict-as-analyst-sees-limited-downside-big-upside-potential" rel="noreferrer noopener">argued that those rights</a> didn't apply because it was a full company sale, not just a sale of the Guyana assets.
Why It Matters
The disagreement raised doubts about whether Chevron's deal to acquire Hess would go through, putting pressure on Chevron's stock. If Exxon had won the case, the deal could have fallen apart.
The Wall Street Journal <a target="_blank" href="https://www.wsj.com/business/energy-oil/chevron-moves-forward-with-megadeal-for-hess-after-winning-exxon-arbitration-17347067" rel="noreferrer noopener">noted</a> that in Guyana, Exxon runs ships that extract around 650,000 barrels of oil per day. By 2027, oil companies plan to increase that to 1.2 million barrels per day. This would make the small South American nation of 800,000 people one of the top oil producers per person in the world.
On Thursday, the U.S. Federal Trade Commission (FTC) <a href="https://www.ftc.gov/news-events/news/press-releases/2025/01/ftc-approves-final-order-chevron-hess-deal" target="_blank" rel="noreferrer noopener">reversed</a> a previous decision that blocked Hess CEO John B. Hess from joining Chevron's board after its planned acquisition of Hess.
In January 2025, the FTC issued a final order preventing Hess from serving on the board of Chevron.
The agency claimed that Hess had shown support for OPEC's efforts to control oil production and argued that his presence on Chevron's board could lead to the company aligning more closely with OPEC, raising competition concerns.
The decision to overturn the earlier order was passed with a unanimous 3-0 vote.
CVX Price Action: Chevron shares were up 2.97% at $155.87 at the time of publication on Friday, <a href="https://www.benzinga.com/pro/" target="_blank" rel="noreferrer noopener">according to Benzinga Pro</a>.
Read Next:
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<li><a href="https://www.benzinga.com/markets/tech/25/07/46487918/peter-thiel-backed-hadrian-raises-260-million-to-build-ai-powered-mega-factory-in-arizona" target="_blank" rel="noreferrer noopener">Peter Thiel-Backed Hadrian Raises $260 Million To Build AI-Powered Mega Factory In Arizona</a></li>
</ul>
Photo: Shutterstock

Legal

Movers

Exxon's Block Fails—Chevron Seals $53 Billion Hess Deal After Ruling

ExxonMobil Responds to International Chamber of Commerce Arbitration Ruling: Company Says It Disagrees With ICC Ruling In Hess Corporation Dispute, Welcomes Chevron To Guyana Venture

Reuters Reported Exxon Mobil Spokesperson Confirms Chevron Prevailed In Mediation Over Guyana Oil Assets

<a href="https://www.ftc.gov/news-events/news/press-releases/2025/07/ftc-denies-sheffields-petition-reopen-set-aside-exxon-pioneer-final-order" title="https://www.ftc.gov/news-events/news/press-releases/2025/07/ftc-denies-sheffields-petition-reopen-set-aside-exxon-pioneer-final-order">https://www.ftc.gov/news-events/news/press-releases/2025/07/ftc-denies-sheffields-petition-reopen-set-aside-exxon-pioneer-final-order</a>

'FTC Denies Sheffield's Petition to Reopen and Set Aside the Exxon-Pioneer Final Order' - FTC

<a target="_blank" href="https://www.benzinga.com/topic/ai-stocks" rel="noreferrer noopener">Artificial intelligence (AI) chip stocks</a>, including industry giants like Nvidia (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), Advanced Micro Devices (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>), and Taiwan Semiconductor Manufacturing Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>), alongside key players such as Broadcom (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>), Arm Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARM#NASDAQ">ARM</a>), Marvell Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRVL#NASDAQ">MRVL</a>), and Micron Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>), saw a significant surge in their stock prices on Tuesday.
This market uptick was primarily driven by two major developments: reports indicating the Trump administration&#8217;s plans to announce substantial AI and energy investments in Pennsylvania, and the U.S. government&#8217;s decision to lift certain chip export restrictions to China.
President Donald Trump is set to unveil a major initiative on Tuesday near Pittsburgh, detailing plans for approximately $70 billion in new investments in artificial intelligence and energy infrastructure.
Also Read: <a target="_blank" href="https://www.benzinga.com/markets/tech/25/07/46295574/nvidia-outpaces-market-with-ai-powered-growth" rel="noreferrer noopener">Nvidia Outpaces Market With AI-Powered Growth, Nears Record Highs</a>
Bloomberg <a target="_blank" href="https://www.bloomberg.com/news/articles/2025-07-14/trump-to-unveil-70-billion-in-ai-and-energy-investments?sref=TBDibEcD" rel="noreferrer noopener">reported</a> on Monday that this comprehensive plan encompasses the development of new AI data centers, the expansion of power generation capabilities, critical upgrades to grid infrastructure, and the introduction of new training programs and apprenticeships.
This announcement represents a pivotal move in Trump&#8217;s broader strategy to bolster America&#8217;s leadership in AI by actively encouraging private investment, streamlining regulatory processes, and expediting permits for both technology and energy projects.
The event, hosted by Senator David McCormick at Carnegie Mellon University, is expected to draw a distinguished gathering of around 60 top executives from various sectors, including leaders from BlackRock (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BLK#NYSE">BLK</a>), Palantir Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NASDAQ">PLTR</a>), Anthropic, ExxonMobil (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XOM#NYSE">XOM</a>), and Chevron (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVX#NYSE">CVX</a>).
Further underscoring the magnitude of these investments, Blackstone President Jon Gray is anticipated to announce a $25 billion initiative specifically targeting data center and energy infrastructure expansion.
This project is projected to generate thousands of construction and permanent jobs, contributing significantly to the economy. This follows earlier announcements made under Trump&#8217;s second term, notably a staggering $100 billion AI investment pledge from a consortium including SoftBank (OTC:<a class="ticker" href="https://www.benzinga.com/stock/SFTBF#OTC">SFTBF</a>) (OTC:<a class="ticker" href="https://www.benzinga.com/stock/SFTBY#OTC">SFTBY</a>), OpenAI, and Oracle (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ORCL#NYSE">ORCL</a>).
These strategic moves, alongside the recent rollback of Biden-era AI chip restrictions, are explicitly aimed at counteracting China&#8217;s aggressive advancements in AI and maintaining the United States&#8217; technological superiority on the global stage.
Adding to the positive momentum for Nvidia and other chip stocks was the U.S. government&#8217;s recent decision to ease chip <a target="_blank" href="https://www.benzinga.com/markets/tech/25/07/46409079/nvidia-growth-estimates-get-10-boost-as-us-lifts-china-chip-export-curbs-gene-munster-predicts-30-35-growth-for-2026" rel="noreferrer noopener">export restrictions to China</a>. This move is particularly impactful for companies like Nvidia, which had faced significant revenue setbacks due to previous bans.
Gene Munster, managing partner at Deepwater Asset Management, expressed optimism, stating that Wall Street analysts are likely to raise Nvidia&#8217;s growth estimates by approximately 10% following this development.
While acknowledging that some analysts might have already factored in the return of Nvidia&#8217;s H20 chips to the Chinese market, Munster still anticipates a boost to overall forecasts, emphasizing that, &#8220;Either way you look at it, great news for $NVDA.&#8221;
This is especially relevant given that Nvidia had previously incurred a substantial $4.5 billion charge in the first quarter of this year, directly attributable to the export ban on its H20 products to China, which was enforced on April 9.
NVDA Price Action: NVDA stock is trading higher by 4.69% to $171.75 premarket at last check Tuesday.
Read Next:
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<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/25/05/45587680/emergence-of-ualink-as-a-viable-alternative-could-challenge-nvidias-dominance-analyst-asserts" target="_blank" rel="noreferrer noopener">Emergence Of UALink As A Viable Alternative Could Challenge Nvidia&#8217;s Dominance, Analyst Asserts</a></li>
</ul>
Image via Shutterstock

Tech

Media

AVGO

MRVL

ORCL

PLTR

SFTBF

SFTBY

Trump's Latest Move On AI And China Propels Chip Stocks

Exxon Mobil Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XOM#NYSE">XOM</a>) shares fell Monday afternoon as broader market sentiment wavers following President Donald Trump&#8217;s <a href="https://www.benzinga.com/markets/equities/25/07/46399569/wall-street-today-trump-tariffs-sp500-nasdaq100-performance">announcement</a> of a 30% tariff on all imports from the European Union and Mexico, effective Aug. 1.
This news, coupled with inflation concerns ahead of Tuesday&#8217;s CPI release, is impacting investor confidence across sectors, with energy stocks particularly lagging.
What To Know: Energy stocks like Exxon Mobil are directly affected by fluctuating oil prices. Today, crude oil prices dropped 1.5% to below $67.60 per barrel after Trump stopped short of imposing immediate, tougher sanctions on Russian oil, disappointing market expectations.
While natural gas prices saw a rise, the decline in crude oil, a primary revenue driver for ExxonMobil, is primarily contributing to the stock&#8217;s fall on Monday.
The <a href="https://www.benzinga.com/markets/equities/25/07/46399569/wall-street-today-trump-tariffs-sp500-nasdaq100-performance">tariff news</a> could indirectly cause Exxon Mobil stock to fall by dampening global economic growth prospects. Increased tariffs can lead to higher input costs for various industries and potentially reduce consumer spending, which in turn could decrease overall energy demand.
While tariffs specifically on oil imports from Canada and Mexico could theoretically benefit U.S. producers such as ExxonMobil by reducing competition, the broader economic slowdown and reduced demand stemming from widespread tariffs could outweigh these localized benefits, potentially impacting ExxonMobil&#8217;s profitability and investor outlook.
Benzinga Edge Rankings: Benzinga Edge&#8217;s rankings for ExxonMobil reveal a mixed outlook. The stock shows strong Growth with a score of 86.40, indicating robust expansion. Its Value score is also quite high at 80.25, suggesting it may be a good investment relative to its intrinsic worth.
However, ExxonMobil&#8217;s Momentum score is relatively low at 51.95, indicating that its price movement has not been particularly strong recently.
XOM Price Action: According to data from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>, ExxonMobil closed lower by 1.31% to $113.92 on Monday. The stock has a 52-week high of $126.34 and a 52-week low of $97.80.
<h2 class="wp-block-heading">How To Buy XOM Stock</h2>
Besides going to a brokerage platform to purchase a share — or fractional share — of stock, you can also gain access to shares either by buying an exchange traded fund (ETF) that holds the stock itself, or by allocating yourself to a strategy in your 401(k) that would seek to acquire shares in a mutual fund or other instrument.
For example, for Exxon Mobil&#8217;s case, it is the Energy sector. An ETF will likely hold shares in many liquid and large companies that help track that sector, allowing an investor to gain exposure to the trends within that segment.
Read Also: • <a href="https://www.benzinga.com/trading-ideas/movers/25/07/46365707/bp-braces-for-profit-hit-as-oil-prices-decline">BP Braces For Profit Hit As Oil Prices Decline</a>
Image: Shutterstock

Exxon Mobil Stock Is Falling: What's Going On?

The market's technical health is flashing green: 62% of <a href="https://www.benzinga.com/topic/s-p-500-index">S&amp;P 500 stocks</a> are trading above their 200-day moving averages, the highest since January. This is a classic sign of broad market strength and often signals a sustained rally is underway.
Barcharts noted in a post on X:
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">62% of S&amp;P 500 stocks are now trading above their 200-Day moving average, the most since January &#x1f6a8;&#x1f4c8; <a href="https://t.co/AbudEjRObD">pic.twitter.com/AbudEjRObD</a>
&mdash; Barchart (@Barchart) <a href="https://twitter.com/Barchart/status/1943464911075709278?ref_src=twsrc%5Etfw">July 11, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
But strong breadth doesn't mean every sector or stock is firing equally. Traders who zero in on where momentum lives &#8211; and where opportunity hides &#8211; can get ahead. Here are three ways to play this market:
<h2 class="wp-block-heading">1. Ride The Energy Resurgence</h2>
Energy stocks are quietly leading this rally. With oil prices bouncing off key support levels, major players like ExxonMobil Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XOM#NYSE">XOM</a>) (up over 5% in the past month alone) and Chevron Corn (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVX#NYSE">CVX</a>) (up over 7% in the past month) are breaking above their 200-day moving averages and showing strong momentum. 
Traders can look for breakout plays and momentum swings in these stocks to capture upside in this overlooked sector.
Read Also: <a href="https://www.benzinga.com/etfs/broad-u-s-equity-etfs/25/07/46294263/another-july-another-sp-500-rally-but-somethings-seriously-off-this-time">Another July, Another S&amp;P 500 Rally &#8211; But Something&#8217;s Seriously Off This Time</a>
<h2 class="wp-block-heading">2. Target Defensive Sector Breakouts</h2>
Not all sectors have joined the party yet. Utilities, as tracked by the Utilities Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLU#NYSE">XLU</a>) and consumer staples, as tracked by the Consumer Staples Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLP#NYSE">XLP</a>), are still below their 200-day moving averages but look poised for a breakout if the rally broadens. 
These defensive stocks can offer lower volatility ways to participate in a market uptrend, especially if traders prefer less risk.
<h2 class="wp-block-heading">3. Use Volatility To Your Advantage</h2>
The VIX remains elevated near 15–16, meaning the market isn't calm. That's a boon for option traders who can collect premium selling covered calls or cash-secured puts on fundamentally strong stocks. Volatility also creates swing trade setups as stocks fluctuate, providing tactical entry points.
With most S&amp;P 500 stocks above a key long-term trendline, the market is in a bullish technical stance. Traders should focus on sectors with momentum, watch for late bloomers, and embrace volatility to maximize returns.
Read Next: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/tech/25/07/46342321/nvidia-microsoft-apple-smash-10-trillion-is-this-peak-tech">Nvidia, Microsoft, Apple Smash $10 Trillion—Is This Peak Tech?</a></li>
</ul>

Long Ideas

Broad U.S. Equity ETFs

$SPX

62% of S&P 500 Is Glowing Green - 3 Trades To Catch The Wave

Investors with a lot of money to spend have taken a bearish stance on Exxon Mobil (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XOM#NYSE">XOM</a>).
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with XOM, it often means somebody knows something is about to happen.
So how do we know what these investors just did? 
Today, <a href="https://www.benzinga.com/pro/">Benzinga</a>'s options scanner spotted 17 uncommon options trades for Exxon Mobil.
This isn't normal.
The overall sentiment of these big-money traders is split between 47% bullish and 52%, bearish.
Out of all of the special options we uncovered, 3 are puts, for a total amount of $83,750, and 14 are calls, for a total amount of $1,791,596.
<h3>Expected Price Movements</h3>
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $85.0 to $125.0 for Exxon Mobil over the recent three months. 
<h3>Insights into Volume &amp; Open Interest</h3>
In terms of liquidity and interest, the mean open interest for Exxon Mobil options trades today is 7282.0 with a total volume of 12,908.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Exxon Mobil's big money trades within a strike price range of $85.0 to $125.0 over the last 30 days.
<h3>Exxon Mobil Option Volume And Open Interest Over Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1752253242_0.png" alt="Options Call Chart" />
<h3>Noteworthy Options Activity:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>XOM</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>09/18/26</td>
<td>$9.5</td>
<td>$8.95</td>
<td>$9.05</td>
<td>$120.00</td>
<td>$362.0K</td>
<td>145</td>
<td>1.4K</td>
</tr>
<tr>
<td>XOM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>09/18/26</td>
<td>$9.15</td>
<td>$9.0</td>
<td>$9.02</td>
<td>$120.00</td>
<td>$360.2K</td>
<td>145</td>
<td>738</td>
</tr>
<tr>
<td>XOM</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>09/18/26</td>
<td>$9.2</td>
<td>$8.5</td>
<td>$9.0</td>
<td>$120.00</td>
<td>$360.0K</td>
<td>145</td>
<td>601</td>
</tr>
<tr>
<td>XOM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/18/26</td>
<td>$9.5</td>
<td>$9.0</td>
<td>$9.0</td>
<td>$120.00</td>
<td>$180.0K</td>
<td>145</td>
<td>200</td>
</tr>
<tr>
<td>XOM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/19/25</td>
<td>$1.19</td>
<td>$1.17</td>
<td>$1.18</td>
<td>$125.00</td>
<td>$106.0K</td>
<td>12.2K</td>
<td>948</td>
</tr>
</tbody>
</table>

<h3>About Exxon Mobil</h3>
ExxonMobil is an integrated oil and gas company that explores for, produces, and refines oil worldwide. In 2023, it produced 2.4 million barrels of liquids and 7.7 billion cubic feet of natural gas per day. At the end of 2023, reserves were 16.9 billion barrels of oil equivalent, 66% of which were liquids. The company is one of the world's largest refiners, with a total global refining capacity of 4.5 million barrels of oil per day, and is one of the world's largest manufacturers of commodity and specialty chemicals.
Following our analysis of the options activities associated with Exxon Mobil, we pivot to a closer look at the company's own performance.
<h3>Exxon Mobil's Current Market Status</h3>
<ul>
<li>With a volume of 4,289,978, the price of XOM is up 0.44% at $115.44. </li>
<li>RSI indicators hint that the underlying stock may be approaching overbought.</li>
<li>Next earnings are expected to be released in 21 days.</li>
</ul>
<h3>Expert Opinions on Exxon Mobil</h3>
In the last month, 4 experts released ratings on this stock with an average target price of $129.25.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;adType=benzinga-insights&amp;ad=options-activity&amp;campaign=wallstreetadvantage">Click here for access</a>. 
&#x2A; Maintaining their stance, an analyst from Wells Fargo continues to hold a Overweight rating for Exxon Mobil, targeting a price of $127. 
&#x2A; Maintaining their stance, an analyst from Piper Sandler continues to hold a Overweight rating for Exxon Mobil, targeting a price of $134. 
&#x2A; Consistent in their evaluation, an analyst from Piper Sandler keeps a Overweight rating on Exxon Mobil with a target price of $131. 
&#x2A; Consistent in their evaluation, an analyst from Scotiabank keeps a Sector Outperform rating on Exxon Mobil with a target price of $125. 
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Exxon Mobil with <a href="https://www.benzinga.com/pro/">Benzinga Pro</a> for real-time alerts.

Smart Money Is Betting Big In XOM Options

U.S. oil major Chevron Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVX#NYSE">CVX</a>) has seen its stock rise nearly 7% over the past month, fueled by a dual strategy of cost reduction and strategic investments in both traditional hydrocarbons and future-facing energy.
The company plans a $5 billion blue hydrogen and ammonia facility, &#8220;Project Labrador,&#8221; in Port Arthur, Texas, aiming for a 2027 groundbreaking and 2032 operation.
This project seeks funding through Texas&#8217; HyVelocity Hub and is strategically <a target="_blank" href="https://www.upstreamonline.com/hydrogen/chevron-plans-5-billion-blue-ammonia-plant-as-part-of-texas-hydrogen-hub/2-1-1844733" rel="noreferrer noopener">timed to qualify</a> for the lucrative 45V clean hydrogen production tax credit of up to $3 per kilogram, provided construction begins before January 1, 2028.
Also Read: <a target="_blank" href="https://www.benzinga.com/analyst-stock-ratings/analyst-color/25/07/46353438/chevron-hess-arbitration-nears-verdict-as-analyst-sees-limited-downside-big-upside-potential" rel="noreferrer noopener">Chevron-Hess Arbitration Nears Verdict As Analyst Sees Limited Downside, Big Upside Potential</a>
Simultaneously, Chevron is undergoing a significant restructuring to enhance efficiency and cut costs. This includes consolidating its offshore operations under a single global division, with centralized functions like HR, IT, and finance managed from hubs in the Philippines and Argentina. Vice Chairman Mark Nelson <a target="_blank" href="https://www.bloomberg.com/news/articles/2025-07-09/chevron-shifts-from-regional-to-centralized-hubs-in-cost-cutting" rel="noreferrer noopener">told</a> Bloomberg this move aims to eliminate organizational complexity and accelerate execution.
This internal overhaul follows a February announcement to cut 20% of the global workforce and reduce expenses by $3 billion. While it coincides with Chevron&#8217;s pending <a target="_blank" href="https://www.benzinga.com/government/24/09/41098199/ftc-clears-chevrons-53b-hess-merger-sets-restriction-for-john-hess" rel="noreferrer noopener">$53 billion acquisition</a> of Hess Corp., this broader push toward operational streamlining appears to be a strategic response to investor pressure for stronger returns, especially amidst ongoing oil price swings and uncertainty over fossil fuel demand.
Despite forecasts of peak oil demand before 2030, Chevron remains committed to traditional exploration and production. It has <a target="_blank" href="https://oilprice.com/Energy/Energy-General/Chevron-Cuts-Layers-Eyes-Guyana-and-Growth.html" rel="noreferrer noopener">launched</a> drilling operations in Namibia, is expanding in Nigeria and Angola, and recently secured rights to explore nine offshore blocks in Brazil&#8217;s Foz do Amazonas basin. Its pursuit of Hess, Exxon&#8217;s partner in the prolific Guyana offshore Stabroek Block, further signals a bullish stance on the long-term value of hydrocarbons.
Chevron is also expanding its global presence through a $34 billion memorandum of understanding between U.S. and Indonesian entities. Reuters noted that the agreement, signed July 7, includes Chevron, Exxon Mobil Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XOM#NYSE">XOM</a>), and Indonesia&#8217;s state-owned Pertamina. It covers broad energy and agricultural trade, including large purchases of U.S. crops like soybeans, corn, and cotton.
In an industry shaped by volatility, Chevron&#8217;s strategy reflects a dual-track approach: cutting costs while deepening investments across fossil fuels and future-facing energy projects.
Price Action: CVX stock is trading higher by 0.38% to $154.76 at last check Friday.
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/analyst-stock-ratings/upgrades/25/07/46368617/federal-signals-deliberate-strategic-decisions-could-sideline-smaller-competitors" target="_blank" rel="noreferrer noopener">Federal Signal&#8217;s &#8216;Deliberate Strategic Decisions&#8217; Could Sideline Smaller Competitors</a></li>
</ul>
Photo via Shutterstock

Chevron's Cost Cuts, Diversified Growth Propel Stock

Shares of oil-related companies are trading higher. A recent report suggests OPEC+ is considering pausing output increase after the next hike. Additionally, oil may be higher on a Senate sanctions bill targeting Russian energy.

Macro Economic Events

Global

Economics

Reuters Cites U.S. Energy Department Saying Authorizing Strategic Petroleum Reserve Exchange To Support Fuel Supply In Gulf Coast; Authorization Of Exchange From SPR With ExxonMobil On Logistical Challenges Impacting Crude Oil Deliveries To Co's Baton Rouge Refinery; Under The Exchange Agreement, DOE Will Provide Up To 1M Barrels Of Crude Oil From The SPR

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ExxonMobil to Speak at JP Morgan Energy, Power, Renewables & Mining Conference

ExxonMobil Recommends Shareholders Reject Below-Market Mini-Tender Offer by TRC Capital Investment Corporation

Oil Prices Rise On Middle East Escalation

Crude Oil Prices Crash As Israel-Iran Ceasefire Holds

Chevron Prepares To Close Hess Acquisition Quickly After Arbitration Decision

Oil Prices Slide On Heightened Trade Tensions

ExxonMobil to Release Second Quarter 2025 Financial Results

ExxonMobil Responds to International Chamber of Commerce Arbitration Ruling

Court Allows Chevron To Proceed With Hess Acquisition

Oil Prices Jump 3% On U.S.-EU Trade Deal And Russia-Ukraine Deadline

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