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Search resuls for: "Exxon Mobil The"


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Truist is finding a number of positives in Exxon Mobil 's deal to buy Pioneer Natural Resources . "While we forecast moderate near-term incremental earnings/cash flow from Exxon acquiring Pioneer (PXD, Hold), we anticipate more pronounced longer-term benefits in '25+ given the notably more productive proforma US inventory," he wrote. Exxon Mobil announced on Wednesday that it agreed to buy Pioneer Natural Resources at $253 per share in an all-stock deal, or $59.5 billion. Despite the recent share performance, the Wall Street firm sees more upside ahead for Exxon Mobil, upping its price to $131 from $110 a share. XOM 1M mountain Exxon Mobil shares over the last month Dingmann also expects the Pioneer acquisition — and ongoing operating improvements — to keep Exxon Mobil the path toward accomplishing its $9 billion cost savings plans, while leading to new cost tightening over the longer term.
Persons: Neal Dingmann, Dingmann, Michael Bloom Organizations: Exxon Mobil, Natural Resources, Exxon, Pioneer, Mobil
Goldman Sachs analysts said this week there is a slate of stocks coming out of earnings that are just too attractive to ignore. CNBC Pro combed through Goldman Sachs' research to find the firm's top ideas for companies exiting quarterly reports. They include Tractor Supply, Charter Communications , Exxon Mobil , General Motors and Caterpillar. Tractor Supply The farm supply retailer continues to impress, according to Goldman analyst Kate McShane. The firm came away even more positive on the name after Tractor Supply's robust late January earnings report.
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