Exxon Mobil Considers Billions in Losses from Russia as Negotiations with Rosneft Progress
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 24 2025
0mins
Source: Benzinga
Exxon Mobil's Preliminary Deal with Rosneft: Exxon Mobil has entered a non-binding agreement with Russia's Rosneft to explore recovering $4.6 billion lost from its withdrawal from Russian operations in 2022, marking a cautious step towards commercial dialogue, contingent on geopolitical developments.
Hammerhead Development in Guyana: Exxon has finalized plans for the Hammerhead project offshore Guyana, aiming for first oil in 2029, with a budget of $6.8 billion and a production capacity of 150,000 barrels per day, contributing to over $60 billion in commitments across its Stabroek projects.
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Analyst Views on XOM
Wall Street analysts forecast XOM stock price to fall
19 Analyst Rating
12 Buy
7 Hold
0 Sell
Moderate Buy
Current: 155.290
Low
114.00
Averages
132.17
High
158.00
Current: 155.290
Low
114.00
Averages
132.17
High
158.00
About XOM
Exxon Mobil Corporation is an energy provider and chemical manufacturer. The Company’s principal business involves exploration for, and production of, crude oil and natural gas; the manufacture, trade, transport and sale of crude oil, natural gas, petroleum products, petrochemicals and a wide variety of specialty products; and pursuit of lower-emission and other new business opportunities, including carbon capture and storage, hydrogen, lower-emission fuels, Proxxima systems, carbon materials, and lithium. Its Upstream segment explores for and produces crude oil and natural gas. The Energy Products, Chemical Products, and Specialty Products segments manufacture and sell petroleum products and petrochemicals. Energy Products segment includes fuels, aromatics, and catalysts and licensing. Chemical Products segment consists of olefins, polyolefins, and intermediates. Specialty Products segment includes finished lubricants, basestocks and waxes, synthetics, and elastomers and resins.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Major Expansion: Matador Resources Company has significantly enhanced its position in the Delaware Basin by acquiring 5,154 net undeveloped acres in Southeast New Mexico for $1.1 billion, which is expected to add 141 new drilling opportunities, thereby improving production efficiency and lowering costs.
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See More
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See More
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- Income Potential: A 65-year-old couple can generate approximately $19,000 annually from a $700,000 investment portfolio using a direct indexing strategy, which combines dividends and tax-loss harvesting, highlighting the strategy's effectiveness and appeal.
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- Tax-Loss Harvesting Advantage: The direct indexing strategy allows for selling individual stocks that decline, utilizing harvested losses to offset capital gains, with expected annual increases in after-tax returns of 0.5% to 1.5%, further enhancing overall portfolio returns.
- Portfolio Flexibility: This strategy enables investors to manage their portfolios flexibly while maintaining market exposure, optimizing returns through market volatility, thereby achieving higher capital appreciation and income growth over the long term.
See More
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- Oil Export Resumption: The proposed deal would lift the blockade on Iranian ports and permit Tehran to sell oil unrestricted on international markets, likely having a positive impact on global oil prices and promoting market stability.
- Nuclear Negotiations: Iran has committed not to pursue nuclear weapons and will engage in talks to suspend uranium enrichment activities, a move that not only alleviates international concerns but may also pave the way for improved diplomatic relations in the future.
- Strategic Waterway Security: The Strait of Hormuz is a crucial energy transit route, and restoring normal shipping flows will significantly reduce inflation risks associated with traffic disruptions, thereby boosting confidence in global economic recovery.
See More
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- Oil Price Impact: With oil prices surging 85% in 2026, most of the increase occurred after March, resulting in Occidental only benefiting briefly from high prices in Q1, leading analysts to raise Q2 expectations to $1.58 per share.
- Hedging Challenges: Occidental's hedging strategy created headwinds in Q1, as it faced similar losses to Exxon and Chevron despite being less exposed to the Middle East, impacting short-term profitability.
- Strategic Restructuring: By selling its downstream business at the beginning of 2026, Occidental avoided the weak performance seen in refining operations, demonstrating effective strategic adjustments to optimize its business structure in a rising oil price environment.
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