Aramco to diversify into international oil and gas exploration
Saudi state energy giant, Aramco, plans to foray into international oil and gas exploration in future, which may put the company into competition with Exxon Mobil (XOM) and Royal Dutch Shell (RDS). Global players are already shoring up their gas operations as the world's appetite for the fossil fuel grows, particularly in Asia.
Historical data reveals that Aramco has produced Saudi Arabia’s vast, low-cost reserves. But now the Saudi Energy Minister has expressed interest in looking overseas for oil and natural gas opportunities. Its top agenda is to build a global natural gas business.
Other considerations include investments in LNG projects in the Russian Arctic and the U.S., as well as opportunities in Australia, which recently topped Qatar as the world's top exporter of LNG.
Aramco has already made investments in overseas refineries and petrochemicals plants. Case-in-point: Aramco’s Motiva facility in Port Arthur, Texas, is the largest refinery in the United States. Closer to home, Aramco is finalizing a deal with Saudi petrochemicals company Sabic that will witness a purchase of 70% stake from the kingdom’s sovereign wealth fund. Expected to raise $70 billion for the Public Investment Fund, the deal will partially underwrite Crown Prince Mohammed bin Salman's efforts to diversify the Saudi economy. Currently, oil accounts for nearly 90% of Saudi revenue.
XOM in +1.39% Uptrend, advancing for three consecutive days on June 23, 2026
Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where XOM advanced for three days, in of 371 cases, the price rose further within the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where XOM's RSI Indicator exited the oversold zone, of 16 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 61 cases where XOM's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Momentum Indicator moved above the 0 level on July 07, 2026. You may want to consider a long position or call options on XOM as a result. In of 94 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for XOM just turned positive on July 07, 2026. Looking at past instances where XOM's MACD turned positive, the stock continued to rise in of 52 cases over the following month. The odds of a continued upward trend are .
XOM may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Bearish Trend Analysis
Following a 3-day decline, the stock is projected to fall further. Considering past instances where XOM declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for XOM entered a downward trend on July 07, 2026. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Fundamental Analysis (Ratings)
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 34, placing this stock better than average.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. XOM’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (2.299) is normal, around the industry mean (2.197). P/E Ratio (23.759) is within average values for comparable stocks, (22.485). Projected Growth (PEG Ratio) (1.171) is also within normal values, averaging (1.165). Dividend Yield (0.029) settles around the average of (0.043) among similar stocks. P/S Ratio (1.845) is also within normal values, averaging (2.118).
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
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General Information
a distributer of crude oil, natural gas and petroleum products
Industry IntegratedOil
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