If oil prices do really reach $80, $90, $100, or even more, XOM should do very well, as its portfolio is generally optimized for low break-even costs, which would allow its assets to generate a ...

If XOM receives the approval by mid-2025 ... which boasts one of the lowest break-even costs outside the Middle East. A low break-even cost implies higher profitability for ExxonMobil, even ...

Exxon Mobil stock is rallying as oil prices post their strongest weekly gain since 2022. Escalating Middle East tensions ...

XOM is set to fully ramp-up 450,000 boepd of low-cost production this year, which is expected to achieve break-even at an oil price of only $40 per barrel. As Brent prices are averaging way higher ...

They can go even higher. At a trailing price to earnings ... Oil prices no longer matters. The charts say XOM will break $91 on its way to $93. Once it gets there, resistance become $98.50 ...

This means XOM needs only a 2.6% move to break even. As of this writing, Tim Biggam did not hold a position in any of the aforementioned securities. Anyone interested in finding out more about ...