Exxon (XOM, $75.79) evacuates staff from Baghdad over perceived U.S-Iran conflict
Exxon Mobil has evacuated all of its foreign staff from Iraq’s West Qurna 1 oilfield located in Baghdad, following concerns of a potential threat from Iran due to its escalating tensions with the U.S. They are now being relocated to Dubai or to the main camp housing foreign oil company employees in Basra province.
Officials at the embassy have, however, confirmed that there is no such imminent threat and the company has confirmed that its operations are normal and stable as before with the oilfield running at full capacity and producing 440,000 barrels per day.
According to the company, the evacuation was a precautionary measure and hasn’t impacted production in any way as the foreign engineers were mainly stationed as advisors. Operations are primarily being overseen and managed by Iraqi engineers.
Exxon’s staff were evacuated in several phases on late Friday and also on early Saturday, and they were stationed either straight to Dubai or to the main camp housing foreign oil company employees in Basra province.
The said threat is perceived following rising tensions between Iran and Washington which anticipate a potential U.S-Iran conflict. Washington has upped economic sanctions and increased its military presence in Iran accusing the latter of threatening U.S. troops and interests by allying the Iraqi Shi’ite militias with Iran.
On the other hand, Tehran has described those steps as ‘psychological concern’ and a ‘political game’.
XOM sees MACD Histogram just turned negative
XOM saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on April 02, 2026. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 51 instances where the indicator turned negative. In of the 51 cases the stock moved lower in the days that followed. This puts the odds of a downward move at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The 10-day RSI Indicator for XOM moved out of overbought territory on April 01, 2026. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 42 similar instances where the indicator moved out of overbought territory. In of the 42 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Momentum Indicator moved below the 0 level on April 08, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on XOM as a result. In of 93 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
XOM moved below its 50-day moving average on April 10, 2026 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for XOM crossed bearishly below the 50-day moving average on April 17, 2026. This indicates that the trend has shifted lower and could be considered a sell signal. In of 14 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .
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 .
XOM broke above its upper Bollinger Band on March 27, 2026. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
Bullish Trend Analysis
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 7 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where XOM advanced for three days, in of 369 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 307 cases where XOM Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
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 48, placing this stock better than average.
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 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 SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable 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.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly overvalued 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 (2.347) is normal, around the industry mean (1.646). P/E Ratio (21.857) is within average values for comparable stocks, (133.479). Projected Growth (PEG Ratio) (1.343) is also within normal values, averaging (1.544). Dividend Yield (0.028) settles around the average of (0.062) among similar stocks. P/S Ratio (1.946) is also within normal values, averaging (1.404).
Notable companies
Industry description
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Advertisement
General Information
a distributer of crude oil, natural gas and petroleum products
Industry IntegratedOil
Advertisement