A whale with a lot of money to spend has taken a noticeably bullish stance on Exxon Mobil.
Looking at options history for Exxon Mobil (NYSE:XOM) we detected 25 strange trades.
The Financial Times reported that Venture Global LNG would build one of the largest new liquefied natural gas export plants in the U.S. on the Louisiana coast.
Fortune released its annual Fortune 500 list, ranking the largest companies in America by revenue. The list included a cryptocurrency company for the first time and saw several newcomers from the previous year.
ExxonMobil to Sell Barnett Shale Assets for $750 Million
Sale supports corporate strategy to prioritize investments on advantaged assets with lowest cost of supply
Assets are part of North American gas resources
While countries worldwide have imposed sanctions and withdrawn trade deals with Russia after it invaded Ukraine, India seems to be taking advantage of the situation to ramp up its energy assets.
Elon Musk attacked the Environmental, Social, and Governance (ESG) standard on Wednesday, describing it as a "scam" that "has been weaponized by phony social justice warriors."
He also accused S&P Global Ratings — the rating division of S&P Global — of losing its integrity.
A whale with a lot of money to spend has taken a noticeably bearish stance on Exxon Mobil.
Looking at options history for Exxon Mobil (NYSE:XOM) we detected 27 strange trades.
The SPDR S&P 500 ETF Trust (NYSE: SPY) is off to a brutal start to 2022, down 12.1% year-to-date. Robinhood Markets Inc (NASDAQ: HOOD) has been one of the worst performers of all so far this year, dropping 43.3%.
ExxonMobil to Sell Romanian Affiliate for More Than $1 Billion
Sale supports strategy to focus investments on advantaged assets
Includes ‘Neptun Deep' block in the Black Sea
Transaction expected to close