Upcoming Ex-Dividend Dates for BP, TXO Partners, and Exxon Mobil
Upcoming Ex-Dividend Dates: BP PLC, TXO Partners LP, and Exxon Mobil Corp will trade ex-dividend on 11/14/25, with respective dividends of $0.4992, $0.35, and $1.03 scheduled for payment on 12/19/25, 11/21/25, and 12/10/25.
Expected Price Adjustments: Following the ex-dividend date, BP shares are expected to drop by approximately 1.34%, TXO by 2.53%, and XOM by 0.86%, based on their recent stock prices.
Dividend Yield Estimates: The estimated annualized yields for the upcoming dividends are 5.35% for BP PLC, 10.12% for TXO Partners LP, and 3.44% for Exxon Mobil Corp, indicating potential stability in dividend payments.
Current Trading Performance: As of Wednesday trading, BP shares are up 0.6%, TXO shares are up 2.4%, and Exxon shares are up 1.3%.
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- Tariff Agreement Vote: The European Parliament is set to vote on Tuesday to approve the tariff agreement with Trump, which is expected to eliminate the 10% duty on U.S. imports, thereby providing stability for EU automakers facing high tariff pressures.
- Industry Support: Fifteen business associations, including Volvo, urge lawmakers to back the deal, asserting it will ensure stability for the $2 trillion annual transatlantic trade, although they caution that this is not the end of negotiations, with future U.S. tariff policies still a concern.
- Future Uncertainty: Trump's threat of 100% tariffs on French wine could jeopardize the implementation of the agreement, prompting the EU to prepare for the suspension of parts of the deal if necessary to address potential trade conflicts.
- Non-Tariff Barriers Issue: Beyond tariffs, both sides must address non-tariff barriers and regulatory issues, with the U.S. insisting that the EU tackle concerns like the carbon border tax, while the EU expresses dissatisfaction with U.S. tariffs on metal products, complicating future negotiations.
- Acquisition Rumor Clarification: Woodside Energy stated it is not aware of any acquisition proposal involving U.S. Exxon Mobil and is not engaged in discussions regarding a potential transaction, affirming its independence and maintaining market confidence amidst speculation.
- Market Expansion Plans: Despite the rumors, Exxon is reportedly studying the potential acquisition of Woodside to deepen its presence in the liquefied natural gas and Asian markets, indicating intensified competition in the global energy sector.
- Government Stance: Western Australia Premier Roger Cook announced that the government would oppose any takeover that involves relocating Woodside's headquarters from the state, emphasizing local government support for homegrown businesses, which could impact future acquisition negotiations.
- Investment in Projects: Woodside recently increased its stake in the Browse project to approximately 42%, reinforcing its critical role in future supply growth and demonstrating the company's ongoing investment and development potential in the liquefied natural gas market.
- SpaceX IPO Performance: SpaceX shares surged 19% on their Nasdaq debut from the IPO price of $135 per share and gained an additional 9% on the second day, reflecting strong investor confidence and raising a total of $85.7 billion, including the underwriters' greenshoe overallotment.
- Ferrari Stock Upgrade: Morgan Stanley upgraded Ferrari from equal weight to overweight with a price target of $438, resulting in a 5% stock increase, as analysts noted that the brand's decline over the past year was due to value compression rather than earnings deterioration, indicating sustained demand for its luxury models.
- Tripadvisor Strategic Sale: Tripadvisor's stock rose nearly 7% following the announcement of the sale of its European online restaurant reservation platform, The Fork, to American Express, a move driven by activist investor Starboard's push for strategic options to enhance overall company value.
- Energy Stocks Decline: Energy stocks fell sharply as U.S. oil prices dropped 5% to around $80 per barrel due to a U.S.-Iran deal, with shares of APA, Devon Energy, Marathon Petroleum, and EOG Resources all declining, reflecting market concerns about the energy sector's outlook.
- Strong Market Performance: The S&P 500 index rose by 1.62%, the Nasdaq 100 increased by 2.73%, and the Dow Jones Industrial Average reached a new high, reflecting investor optimism about market prospects, particularly driven by gains in technology stocks.
- Impact of Plummeting Oil Prices: WTI crude oil prices fell over 5% to a three-month low, easing inflation expectations and pushing global bond yields lower, which provided support for the stock market, especially benefiting airline and mining stocks.
- Weak Economic Data: The US June Empire manufacturing index dropped to 5.7, below the expected 13.7, indicating signs of economic slowdown; however, the market remains optimistic about future economic recovery.
- Tech Stocks Lead Gains: Chipmakers and AI infrastructure stocks performed strongly, with the iShares Semiconductor ETF up over 4% and Western Digital soaring more than 15%, indicating a robust recovery in the tech sector and an increase in investor risk appetite.
- Stock Index Futures Rise: Stock index futures surged sharply on Monday as the U.S. and Iran announced a long-awaited peace agreement that would restore shipping through the Strait of Hormuz, boosting market sentiment.
- Birkenstock Bond Sale: Birkenstock saw a 0.39% decline in premarket trading as the German footwear company prepares to raise approximately €900 million through a seven-year bond sale, primarily to refinance existing debt and maintain capital allocation flexibility.
- Tripadvisor Sells TheFork: Tripadvisor's stock jumped 13.62% in premarket trading after entering an agreement to sell its European online restaurant reservation platform, TheFork, to American Express for $700 million in cash, with the transaction expected to close by the end of 2026.
- Fiserv Leadership Transition: Fiserv's shares fell over 6% in premarket trading following the announcement of a leadership change, appointing Takis Georgakopoulos as CEO, while reaffirming its 2026 organic revenue growth outlook of 1% to 3%.
- SpaceX Trading Performance: SpaceX shares rose 5% on their second day of trading at Nasdaq, following a 19% increase from its IPO price of $135 per share, indicating strong market confidence in its future performance.
- Energy Stocks Decline: Energy stocks fell as U.S. oil prices dropped 5% to near $80 per barrel due to a U.S.-Iran deal, with APA and Devon Energy both down over 3.5%, reflecting market concerns about energy demand.
- Airlines and Cruise Stocks Rally: Benefiting from lower fuel prices, United Airlines and Delta Air Lines rose over 5% and 4%, respectively, while Norwegian Cruise Line and Carnival Corporation jumped 4.5% and 4%, showcasing optimism in the recovery of the travel industry.
- Fox Acquires Roku: Fox Corporation announced its acquisition of Roku for $160 per share, leading to a 12% drop in Fox's stock despite an 11% premium, as the market remains cautious about the prospects of the merged entity.










