Is Another Oil Embargo on the Table?
Enforcing a 1973-style oil embargo is not in the cards for Saudi Arabia, confirmed by the Saudi Arabian Energy Minister Khalid al-Falih in an interview to Russia's TASS news agency. Amidst the roaring controversy surrounding the killing of Saudi journalist Jamal Khashoggi, and the impending U.S. sanctions on Iran, this comes as a big relief for the global economy.
October 1973’s oil crisis, where OPEC nations joined hands to squeeze supplies to the U.S. and Europe in retaliation for their support for Israel, resulted in the oil price quadrupling to US$12 per barrel in just a couple of months.
Khalid al-Falih also added that for decades they have adopted an oil policy which is being used as a responsible economic tool, and Saudi Arabia has no intention of using its oil wealth as a political tool.
He further emphasized on continuing the joint work between the OPEC nations and the non-OPEC nations to maintain the equilibrium of supply and demand, and gave assurance that if required, Saudi Arabia has the requisite firepower to further boost its production to 12 million barrels per day from the present high of 11 million barrels per day.
Momentum Indicator for XOM turns positive, indicating new upward trend
XOM saw its Momentum Indicator move above the 0 level on October 01, 2026. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 91 similar instances where the indicator turned positive. In 61 of the 91 cases, the stock moved higher in the following days. The odds of a move higher are at 67%.
Technical Analysis (Indicators)
Bullish Trend Analysis
The Moving Average Convergence Divergence (MACD) for XOM just turned positive on October 06, 2026. Looking at past instances where XOM's MACD turned positive, the stock continued to rise in 32 of 51 cases over the following month. The odds of a continued upward trend are 63%.
Following a +0.77% 3-day Advance, the price is estimated to grow further. Considering data from situations where XOM advanced for three days, in 231 of 373 cases, the price rose further within the following month. The odds of a continued upward trend are 62%.
Bearish Trend Analysis
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 3 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
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 50 of 62 cases within the following month. The odds of a continued downward trend are 43%.
Fundamental Analysis (Ratings)
The Tickeron Profit vs. Risk Rating rating for this company is 6 (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 28, placing this stock better than average.
The Tickeron PE Growth Rating for this company is 18 (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 48 (best 1 - 100 worst), indicating fairly steady price growth. XOM’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Seasonality Score of 50 (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron SMR rating for this company is 62 (best 1 - 100 worst), indicating slightly weaker than average sales and a marginally 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 64 (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: XOM's P/B Ratio (2.577) is slightly higher than the industry average of (1.887). P/E Ratio (20.916) is within average values for comparable stocks, (16.521). Projected Growth (PEG Ratio) (1.392) is also within normal values, averaging (1.088). Dividend Yield (0.025) settles around the average of (0.035) among similar stocks. P/S Ratio (1.911) is also within normal values, averaging (3.764).
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General Information
a distributer of crude oil, natural gas and petroleum products
Industry IntegratedOil
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