Xom futures were trading near $103

XOM futures were trading near $103.45 in pre-market, supported by bullish sentiment on steady crude prices. Analysts note that ExxonMobil’s integrated model mitigates downside risk as energy demand remains firm. Short-term technicals show resistance around $104.20 and support near $101. On Nov. 1, 2024, ExxonMobil increased its dividend for the 42nd consecutive year. The integrated major has one of the most reliable dividends in the oil patch, due to its track record and potential for future growth. Stocks: 15 20 minute delay (Cboe BZX is real-time), ET. Volume reflects consolidated markets. Futures and Forex: 10 or 15 minute delay, CT. Market Data powered by Barchart Solutions. Fundamental data provided by Zacks and Morningstar . Price action in XOM futures shows relative strength vs. S&P Energy index peers, partly due to ExxonMobil’s diversified asset portfolio and disciplined capex guidance. This divergence may attract rotational buying from sector ETFs.