Fidelity MSCI Energy Index

World Investment Advisor Increased Holdings in ExxonMobil in Q3

ExxonMobil Plans to Increase LNG Production

Kinder Morgan Stock Price and P/E Ratio Situation

Marathon Petroleum Reports Unexpected Flaring Incident at Carson Refinery

Kinder Morgan to Release Quarterly Earnings Preview

Raymond James Financial cuts Phillips 66 target price

Russian President Extends ExxonMobil's Sale Deadline for Sakhalin-1 Shares

Yousif Capital Management LLC Increases Chevron Holdings

BP Quotes WTI Midland Crude China Petrochemical Buys

Deane Retirement Strategies Inc. Significant Reduction in Chevron Holdings

Eneos Leads Bid for Chevron's Singapore Refinery

Roth MKM analyst maintains buy rating on ConocoPhillips with a target price of $100

ConocoPhillips CEO Ryan Lance Sells Company Shares

Venezuelan Oil Firm PDVSA Switches to Floating Storage Due to Full Tanks

Marathon Petroleum Named One of the Best Companies for Women in Transportation for the Fourth Consecutive Year

Schlumberger Secures Five-Year Contract from Saudi Aramco for Gas Fields

SLB Releases Earnings Preview

NewMed Energy LP and Partners Approve Aphrodite Gas Field FEED Phase Investment

Phillips 66 Closes Operations in California

Brighton Jones LLC Increases Chevron Holdings

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A SPAC III ACQUISITION CORP. COM NPV CL A (SUBS/RTS)02/01/2026

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Chevron has gained slightly this year, even as Brent crude prices fell to $63. UBS sees Chevron as a top upstream player, predicting 10% annual free cash flow growth at $70 Brent.1Chevron did not own the well that blew out near Tubbs Corner, Texas, in 2022; it plugged the well at the Railroad Commission's request.2

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Chevron

Key facts: Chevron gains amid falling Brent prices; well blowout update

World Investment Advisors increased its stake in Exxon Mobil Corporation by 5.5% in the third quarter, acquiring an additional 12,583 shares. The fund now owns 242,804 shares valued at $27,376,000. Other institutional investors also increased their holdings in Exxon Mobil. The stock opened at $119.09 with a market cap of $502.20 billion. Exxon Mobil recently increased its quarterly dividend to $1.03 per share. Analysts have mixed ratings on the stock, with some upgrading and others downgrading their price targets.

- World Investment Advisors increased its stake in Exxon Mobil Corporation by 5.5%, holding 242,804 shares valued at $27.38 million after acquiring 12,583 additional shares.  
- Other investors, including Vanguard Group and Geode Capital Management, also grew their stakes, with institutional investors owning 61.80% of the stock.  
- Exxon Mobil reported earnings of $0.65 per share for the last quarter with a dividend increase from $0.99 to $1.03 per share, reflecting a 3.5% yield.

Market Beat

Exxon Mobil

World Investment Advisors Purchases 12,583 Shares of Exxon Mobil Corporation $XOM

Exxon Mobil aims to boost its global LNG production by 50% by 2030, despite concerns about a potential market bubble as renewable energy becomes more competitive.1Exxon Mobil is negotiating with Russian energy leaders to potentially rejoin the Sakhalin oil and gas project, after a $4.6 billion loss following Russia's 2022 invasion of Ukraine.2

- Exxon Mobil plans to increase its global LNG production by 50% by 2030, amidst worries of a market bubble due to the rise of renewable energy.  
- The company is engaged in negotiations with Russian energy leaders to possibly re-enter the Sakhalin oil and gas project.  
- This follows a significant $4.6 billion loss incurred after Russia's invasion of Ukraine in 2022.

Key facts: Exxon Mobil aims for 50% LNG production boost by 2030; negotiates Sakhalin reentry

Chevron has gained slightly this year, even as Brent crude prices fell to $63. UBS sees Chevron as a top upstream player, predicting 10% annual free cash flow growth at $70 Brent.1Chevron faced a major incident in Texas, with a 100-foot saltwater eruption from an abandoned well. Despite plugging it, another nearby well is now leaking, indicating subsurface pressure issues.2

Key facts: Chevron gains amid falling Brent prices; Texas well incident reported

Kinder Morgan Inc. (NYSE:KMI) is trading at $27.33, with a 0.51% increase. Over the past month, the stock decreased by 0.68%, and by 0.82% over the past year. Its P/E ratio of 22.29 is higher than the industry average of 19.23, suggesting potential overvaluation or better performance expectations. The P/E ratio is a useful but limited tool for assessing market performance, and should be used alongside other financial metrics and qualitative analysis for investment decisions.

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Kinder Morgan Holdco

Price Over Earnings Overview: Kinder Morgan

Energy stocks fell as crude prices dropped due to fears of a global supply glut and reduced war-risk premium amid Ukraine peace hopes. The S&P 500 energy index declined by 0.6%, with Brent crude futures down 1.7% and U.S. West Texas Intermediate crude down 1.8%. Major energy companies like Exxon Mobil and Chevron saw a 0.5% decrease, while others like Texas Pacific Land and Devon Energy fell between 1.2% and 3.6%.

- The S&P 500 energy index fell 0.6%, influenced by a decline in crude prices.  
- Brent crude futures decreased 1.7% to $61.20 per barrel, while U.S. West Texas Intermediate crude dropped 1.8% to $57.27 per barrel due to concerns over a global supply glut and reduced war-risk premiums.  
- Major energy companies like Exxon Mobil and Chevron saw a 0.5% drop, alongside other firms experiencing losses between 1.2% and 3.6%.

Reuters

Devon Energy

BUZZ-Energy stocks slip as crude falls on supply glut fears amid Ukraine peace hopes

Kinder Morgan's Quarterly Earnings Preview: What You Need to Know

Barchart Option

Kinder Morgan's Quarterly Earnings Preview: What You Need to Know

Raymond James Financial has lowered its price target for Phillips 66 from $169.00 to $160.00, maintaining an "outperform" rating. This suggests a potential upside of 24.60% from the current price. Other analysts have also issued ratings, with a consensus rating of "Moderate Buy" and an average price target of $147.82. Phillips 66 recently reported earnings of $2.52 per share for the quarter, beating estimates. Insiders have sold shares recently, and institutional investors have made changes to their positions.

Phillips 66

Raymond James Financial Lowers Phillips 66 (NYSE:PSX) Price Target to $160.00

Oil futures remain stable amid geopolitical tensions. BP sells Castrol unit for $8 billion. Trump halts offshore wind projects citing national security. U.S. targets oil tankers to disrupt black market. Harbour Energy expands in U.S. with $3.2 billion deal. Chevron strengthens position in Venezuela. Energy Capital Partners' Calpine investment set for record profit.

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Dow Jones Top Energy Headlines at 12 AM ET: Oil Futures Little Changed in Light Pre-Holiday Trade | Why ...

COST

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Micron Tech(MU) rose 3.77%, with a trading turnover 5.3 Billion USD, and a year-to-date rose 241.6%. Costco Wholesale(COST) rose 2%, with a trading turnover 1.6 Billion USD, and a year-to-date fell 4.4%. ServiceNow(NOW) fell 1.15%, with a trading turnover 595.5 Million USD, and a year-to-date fell 28%. Toyota Motor(TM) fell 1.14%, with a trading turnover 37.0 Million USD, and a year-to-date rose 11.4%.

- The Nasdaq Composite Index rose 0.22%, with a year-to-date gain of 22.3%.  
- The S&P 500 Index increased by 0.32%, accumulating a 17.9% rise for the year, while the Dow Jones gained 0.6%, totaling a 14.5% increase this year.  
- Micron Technology (MU) soared 3.77% with a trading volume of $5.3 billion, marking a 241.6% year-to-date increase, whereas Costco (COST) rose 2% but fell 4.4% year-to-date.

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Top 5 US Stock Gainers/Losers (>100B) (12.24)

SLB Inc. (NYSE:SLB) stock price is at $37.95, down 0.65% in the current session but up 6.48% over the past month and 0.64% over the past year. The company's P/E ratio is lower than the industry average of 22.14, suggesting potential undervaluation. However, investors should use the P/E ratio cautiously, considering other financial metrics and industry trends for a comprehensive analysis.

P/E Ratio Insights for SLB

Exxon Mobil raised its dividend yield to 3.4%, surpassing the utilities sector's average of 2.7%, amid low oil prices, reflecting a trend among major oil firms to maintain dividends.1ExxonMobil, with Trafigura and Equinor, sold 22,000 metric tons of Eurobob E5 gasoline to Shell and BP, boosting gasoline refining profit margins in Northwest Europe.2ExxonMobil withdrew offers for two Forties cargoes on a one-cancels-the-other basis, with one offer for January 9-11 and another for January 12-14, both priced at dated Brent plus $1.00.3

- Exxon Mobil raised its dividend yield to 3.4%, exceeding the utilities sector's average of 2.7%, despite low oil prices.  
- The company, alongside Trafigura and Equinor, sold 22,000 metric tons of Eurobob E5 gasoline to Shell and BP, enhancing gasoline refining profit margins in Northwest Europe.  
- ExxonMobil also withdrew offers for two Forties cargoes, priced at dated Brent plus $1.00, indicating adjustments in its trading strategy.

Key facts: Exxon Mobil raises dividend to 3.4%; sells 22,000 tons of gasoline; withdraws Forties cargo offers