Exxon Mobil Stock Discussion

Occidental Petroleum exceeded Q2 revenue and EPS expectations, reporting $6.88 billion in revenue and $1.03 EPS, driven by higher production in the Permian Basin and Gulf of Mexico. Following the announcement, retail sentiment soared, with Stocktwits users turning 'extremely bullish'.
The company, now 29% owned by Warren Buffett’s Berkshire Hathaway, also completed a $12 billion acquisition of CrownRock, expected t...

US Stocks:
The Dow Jones Industrial Average fell 0.6%, the S&P 500 Index fell 0.77%, and the Nasdaq fell 1.05%.
Bonds:
The yield on the 10-year US Treasury rose 9.36 basis points to 3.9755%, its highest since August 1. The 2-year US Treasury yield rose 2.83 basis points to 4.0034%.
Commodities:
WTI September crude oil futures rose $2.03, or 2.77%, to $75.23 a barrel. Brent October crude oil futures rose $1.85, or 2.42%, to $78.33 a barrel. COMEX gold futures fell 0.35% to $2,423...

Stocks:
The Dow Jones Industrial Average fell 0.12%, the S&P 500 rose 0.08%, and the Nasdaq Composite gained 0.07%.
So far, more than 40% of the S&P 500 companies have reported their results with 79% posting earnings that exceeded Wall Street expectations, according to LSEG. That compares to a five-year average earnings beat rate of 77%.
“Both 2024 and 2025 consensus EPS are holding up, with 2024 EPS tracking a typical non-recessionary year revision trend. This suggests that analys...