XOM News & Events

Moderately bullish activity in Exxon Mobil (XOM), with shares up $4.17, or 2.75%, near $155.76. Options volume extremely heavy with 1.65m contracts traded and calls leading puts for a put/call ratio of 0.06, compared to a typical level near 0.54. Implied volatility (IV30) is higher by 0.6 points near 26.35,in the top quartile of the past year, suggesting an expected daily move of $2.59. Put-call skew steepened, indicating increased demand for downside protection.

Catch up on the top industries and stocks that were impacted, or were predicted to be impacted, by the comments, actions and policies of President Donald Trump with this daily recap compiled by The Fly.NEXT SET OF TARIFFS:Donald Trump's administration plans to spare Amazon, Google, Microsoft, and others from tariffs on chips as they work to build data centers powering AI, Aime Williams of The Financial Times. These exemptions underscores President Trump's intention to impose tariffs on chips and incentivize chipmaking in the U.S. while offering relief to companies powering AI expansion in the U.S.BANGLADESH TARIFFS:The United States of America and the People's Republic of Bangladesh haveto an Agreement on Reciprocal Trade that will provide U.S. and Bangladeshi exporters "unprecedented access to each other's respective markets," the White House announced. "Bangladesh has committed to provide significant preferential market access for U.S. industrial and agricultural goods, including: chemicals; medical devices; machinery and motor vehicles and parts; information and communicational technology equipment; energy products; soy products; dairy products; beef; poultry; and tree nuts and fruit. The United States will reduce the reciprocal tariff rate, as initially set forth in Executive Order 14257 of April 2, 2025, to 19 percent on originating goods of Bangladesh, and will identify products from the list set out in Annex III to Executive Order 14346 of September 5, 2025 to receive a zero percent reciprocal tariff rate. The United States commits to establish a mechanism that will allow for certain textile and apparel goods from Bangladesh to receive a zero reciprocal tariff rate," the White House stated.ENDANGERMENT FINDING:The Trump administration plans to repeal the Obama-era scientific finding serving the legal basis for federal greenhouse-gas regulation, Meridith McGraw and Benoit Morenne of The Wall Street Journal, citing U.S. officials. This reversal targets the "endangerment finding" from 2009, which concluded six greenhouse gases pose a threat to public health and provided the underpinning for the Environmental Protection Agency's climate rules. Publicly traded companies in the space include Exxon Mobile, BP, Chevron, TotalEnergies, ConocoPhillips.

The Trump administration plans to repeal the Obama-era scientific finding serving the legal basis for federal greenhouse-gas regulation, Meridith McGraw and Benoit Morenne of The Wall Street Journal reports, citing U.S. officials. This reversal targets the "endangerment finding" from 2009, which concluded six greenhouse gases pose a threat to public health and provided the underpinning for the Environmental Protection Agency's climate rules. Publicly traded companies in the space include Exxon Mobile (XOM), BP (BP), Chevron (CVX), TotalEnergies (TTE), ConocoPhillips (COP).