Exxon stock rises after-hours on Venezuela oil pivot; what XOM investors watch next
Exxon shares rose 2.2% to $125.36 in after-hours trading Monday after President Trump announced U.S. plans to take control of Venezuela and pursue its oil reserves. J.P. Morgan analysts estimate Exxon’s Venezuela arbitration damages at about $2 billion. Chevron gained over 5% in extended trading. Industry meetings in Washington and Exxon’s Jan. 7 filing are expected next.