Weekly Recap | ExxonMobil -1.48%, Texas approves carbon capture project
Weekly Review·- ExxonMobil shares fell 1.48 % this week to close at 163.54 USD, underperforming the S&P 500 by 0.46 percentage points. - Key events included Texas regulatory approval for a 5 billion USD carbon capture project, refinery operational disruptions, and potential investments in Venezuela. - Twenty-six institutions maintain a consensus buy rating with a target price of 170.91 USD, while upcoming crude inventory data and refinery restarts remain the focus for next week.Weekly Recap | Coca Cola -0.05%, most brokers rate it buy
Weekly Review·- Coca-Cola shares closed the week down 0.05% at 88.25 USD, outperforming the S&P 500 while seeing a 3.17% weekly amplitude. - Key events involved the upcoming dividend payout, a 10 billion USD US infrastructure investment plan through 2030, and a 1 billion USD investment welcomed in Nigeria. - Most covered institutions maintained a buy rating with a consensus target price of 94.70 USD, while UBS highlighted its defensive positioning amid market volatility.Weekly Recap | ExxonMobil +4.09%, pressing range highs
Weekly Review·- ExxonMobil achieved a weekly cumulative increase of 4.09% to close at 165.99 USD, outperforming the S&P 500 by about 4.89 percentage points. - The company acquired a 9.1% stake and operational control in the Papua LNG project from TotalEnergies, alongside new offshore exploration discoveries in Angola's Block 15. - Institutional coverage across 26 firms yielded a consensus buy rating with a target price of 170.91 USD, while upcoming macroeconomic data and oil price trends remain key focal points.