Today: 20 May 2026
Browse Category

AMS:SBM 5 February 2026

Exxon Mobil stock jumps after hours as oil spikes; Guyana FPSO deal and analyst calls in focus

Exxon Mobil stock jumps after hours as oil spikes; Guyana FPSO deal and analyst calls in focus

Exxon Mobil shares jumped 2.7% to $147.59 in after-hours trading Wednesday as oil prices surged about 3% on doubts over U.S.-Iran talks. Exxon affiliate ExxonMobil Guyana Ltd bought the FPSO ONE GUYANA vessel from SBM Offshore for $2.32 billion. UBS raised its price target to $171, while BNP Paribas downgraded the stock to underperform. Exxon Vice President Darrin L. Talley sold 5,000 shares on Feb. 2.

Stock Market Today

  • Stellantis CEO Filosa to Unveil Turnaround Plan Amid Nearly 30% Stock Decline
    May 20, 2026, 7:51 AM EDT. Stellantis CEO Antonio Filosa, nearly a year into his tenure, faces a nearly 30% drop in the automaker's stock. On Thursday, Filosa and his executive team will present a detailed turnaround strategy at a capital markets day near Detroit. The plan aims to prioritize key regional brands like Jeep, Ram, Fiat, and Peugeot, focusing on cost reduction and a return to profitability after a €22.3 billion net loss last year. Filosa promises clear targets and a focused execution roadmap. Industry challenges include AI impact, Chinese competition, U.S. tariffs, and Stellantis' retreat from previous electric vehicle ambitions. Investors await clarity on 2026 guidance amid ongoing restructuring efforts.

Latest articles

Silexion’s Cancer Trial Push Puts Focus on Cash

Silexion’s Cancer Trial Push Puts Focus on Cash

20 May 2026
Silexion reported Israeli clearance and a German filing for its SIL204 pancreatic cancer drug, keeping its Phase 2/3 trial on track for a second-quarter start. The company posted a first-quarter net loss of $2.7 million and held $2.4 million in cash at March 31. Shares closed at 26.9 cents Tuesday after a sharp drop last week. Management warned of “substantial doubt” about ongoing operations without new funding.
CAVA Jumps in Pre-Market After New Traffic Data Update

CAVA Jumps in Pre-Market After New Traffic Data Update

20 May 2026
Cava Group shares rose 6.9% in premarket trading Wednesday after the chain reported a 9.7% jump in same-restaurant sales and beat first-quarter earnings and revenue estimates. Net income fell to $23.6 million from $25.7 million a year earlier. The company opened 20 net new restaurants and raised its 2026 outlook for openings and sales growth. Several analysts raised their price targets following the results.
AEP Restores San Angelo Outage as Texas Grid Worries Continue

AEP Restores San Angelo Outage as Texas Grid Worries Continue

20 May 2026
AEP Texas restored power to nearly all Tom Green County customers early Wednesday after a substation equipment failure cut service to about 7,800 in San Angelo Tuesday, local reports said. The outage came as parent company American Electric Power faces scrutiny over surging Texas demand and a $78 billion capital plan. Fewer than five customers remained without power by 6 a.m. CDT, according to the utility’s outage map.
Go toTop