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Fabled Santa Maria Structure Reports 24.50 meters 0f 110.81 g/t Ag Eq; Including 379.30 g/t Ag Eq with 1.25 g/t Au over 1.5 meters

Fabled Silver Gold Corp. ("Fabled" or the "Company") (TSXV:FCO; OTCQB:FBSGF, and FSE:7NQ) announces the results of surface diamond drilling from the upgraded 14,400 -meter drill program on the "Santa Maria" Property in Parral, Mexico Peter J. Hawley,…



Fabled Silver Gold Corp. ("Fabled" or the "Company") (TSXV:FCO; OTCQB:FBSGF, and FSE:7NQ) announces the results of surface diamond drilling from the upgraded 14,400 -meter drill program on the "Santa Maria" Property in Parral, Mexico

Peter J. Hawley, CEO and President, remarks, "As you can see below, planned definition hole SM20-48 was designed to fill in a drill poor gap in the past resource area and to follow the down dip mineralized plunge intercepted in drill hole SM20-47 which reported a broad zone of 13.10 meters grading 98.31 g/t Ag Eq with numerous higher-grade intercepts within such as 379.30 g/t Ag Eq including 1.25 g/t Au over 1.50 meters. See Figure 1 below.

Figure 1 - Longitudinal View of Area of Current Drilling


Definition Diamond Drill Hole SM20-48 was drilled at a dip or angle of -72 degrees for a planned total drilled length of 325 meters but actual drilled meterage was 312 meters and was designed to hit the targeted zone at approximately -275 meters below surface.

Before intercepting the targeted Santa Maria Structure at depth, the previously newly discovered mineralized hydrothermal breccia was intersected once again from 153 - 154.50 meters which graded 59.96 g/t Ag Eq over the 1.50 meters. See Photo 1, Figure 2 and Table 1 below.

Photo 1 - SM20- 48

As previously reported in hole SM20-47, this is the same newly discovered mineralized hydrothermal breccia that was intersected from 143.2- 144.2 meters which graded 162.08 g/t Ag Eq over the 0.95 meters.

The main target which was the the Santa Maria footwall structure was intercepted from 277.60 - 301.10 meters where the entire 24.50 meters reported 110.81 g/t Ag Eq of very consistent grade over the entire interval. This mineralized intercept correlates well with the results of exploration hole SM20-03 which previously reported 110.51 g/t Ag Eq over a width of 12.50 meters. See Figure 2, Table 1, Photo2 below.

Photo 2

Figure 2 - Cross Section Diamond Drill Hole SM20-48

The 24.50-meter section of the Santa Maria Footwall structure encountered was composed of alternating zones of mineralized hydrothermal breccias within a porphyritic diorite dike host rock, which has fine disseminated sulphides. See Figure 2 above, Table 1 and Photos 3, 4 below.

Photo 3

Table 1- SM20-48 Drill Hole Assay Results

Drill Hole

From m



Width m

Au g/t

Ag g/t

Ag Eq* g/t

Pb %

Zn %

Cu %













































































  • ** Ag Equivalent ("Ag Eq") grade is calculated using $20 per ounce Ag and $1,600 Au.

The purpose of planned definition hole SM20-48 was to once again fill in a drill poor gap, at depth, in the past resource area and was very successful in doing so. As seen below, the multi phased hydrothermal breccias along and within the Dike unit are well mineralized. See Photo 4 below.

Photo 4 - SM20- 48


Hole SM20-48 was not only successful in the infill drilling of a drill poor area, but also followed the vertical down plunge of the Santa Maria structure by -175 meters from hole SM20-47 which intercepted 13.10 meters of silver mineralization.

Definition diamond drill hole SM20-49 is located approximately 50 meters to the west and designed to test the structure horizon at the -275 meters vertically depth and in-fill the lack of drill pierce points into the structure at this depth.

Holes SM20-49 - 50 have been completed and been submitted for assay. See Figure 5 below.

Figure 5

QA QC Procedure

Analytical results of sampling reported by Fabled Silver Gold represent core samples that have been sawn in half with half of the core sampled and submitted by Fabled Silver Gold staff directly to ALS Chemex, Chihuahua, Chihuahua, Mexico. Samples were crushed, split, and pulverized as per ALS Chemex method PREP-31, then analyzed for ME-ICP61 33 element package by four acid digestion with ICP-AES Finish. ME-GRA21 method for Au and Ag by fire assay and gravimetric finish, 30g nominal sample weight.

Over Limit Methods

For samples triggering precious metal over-limit thresholds of 10 g/t Au or 100 g/t Ag, the following is being used:

Au-GRA21 Au by fire assay and gravimetric finish with 30 g sample.

Ag-GRA21 Ag by fire assay and gravimetric finish.

Fabled Silver Gold monitors QA/QC using commercially sourced standards and locally sourced blank materials inserted within the sample sequence at regular intervals.

Agreement with Machai Capital Inc.

Fabled Silver Gold Corp. has entered into a digital awareness services agreement (the "Machai Agreement") with Machai Capital Inc. ("Machai") pursuant to which Machai will provide certain digital awareness services (including branding and content and data optimization) in compliance with the policies and guidelines of the TSX Venture Exchange ("TSXV") and other applicable legislation. The engagement is effective January 5, 2021 and has an initial term of six months. Thereafter, the engagement will automatically renew for another six month term if not cancelled within 15 days after the expiry of the first 6 month period. Under the terms of the Machai Agreement, Machai will receive $50,000 in cash for each 6 month term, plus applicable taxes.

Machai is a marketing, advertising and public awareness firm based out of Vancouver, British Columbia, specializing in the mining and metals, technology and special situation sectors. It assists companies in branding, content creation and data-optimization to create powerful marketing campaigns. Machai is able to track, organize and execute its plan through Search Engine Optimization (SEO), Search Engine Marketing (SEM), Lead Generation, Digital Marketing, Social Media Marketing, Email Marketing and Brand Marketing.

Machai does not have any interest in the Company or its securities, or any right or intent to acquire such an interest. Machai is at arm's length to the Company and has no other relationship with the Company except pursuant to the Agreement. The Agreement is subject to the approval of the TSXV.

Stock Options Post Arrangement

The Company wishes to clarify that pursuant to the closing on December 21, 2021 (the "Effective Time"), of its previously announced spin-out of its interest in the Muskwa copper project in northern British Columbia, by way of distributing the shares it held in Fabled Copper Corp. ("Fabled Copper") to the shareholders of the Company through a statutory plan of arrangement (the "Arrangement") that pursuant to the terms of the Arrangement, all existing stock options (the "Old Stock Options") of the Company have been exchanged for new stock options ("New Stock Options") of the Company. The New Stock Options have the same terms as the Old Stock Options other than the exercise price of the New Stock Options is equal to the product of the exercise price of the Old Stock Option, multiplied by the fair market value of a common share of the Company at the Effective Time, divided by the total of the fair market value of a common share of the Company and the fair market value of 1/5 of one Fabled Copper common share, each at the Effective Time.

About Fabled Silver Gold Corp.

Fabled is focused on acquiring, exploring and operating properties that yield near-term metal production. The Company has an experienced management team with multiple years of involvement in mining and exploration in Mexico. The Company's mandate is to focus on acquiring precious metal properties in Mexico with blue-sky exploration potential.

The Company has entered into an agreement with Golden Minerals Company (NYSE American and TSX: AUMN) to acquire the Santa Maria Property, a high-grade silver-gold property situated in the center of the Mexican epithermal silver-gold belt. The belt has been recognized as a significant metallogenic province, which has reportedly produced more silver than any other equivalent area in the world.

Mr. Peter J. Hawley, President and C.E.O.

Fabled Silver Gold Corp.
Phone: (819) 316-0919

For further information please contact:

The technical information contained in this news release has been approved by Peter J. Hawley, P.Geo. President and C.E.O. of Fabled, who is a Qualified Person as defined in National Instrument 43-101 - Standards of Disclosure for Mineral Projects.

Neither the TSX Venture Exchange nor its Regulations Service Provider (as that term is defined in the policies of the TSX Venture Exchange) does accept responsibility for the adequacy or accuracy of this news release.

Certain statements contained in this news release constitute "forward-looking information" as such term is used in applicable Canadian securities laws. Forward-looking information is based on plans, expectations and estimates of management at the date the information is provided and is subject to certain factors and assumptions, including, that the Company's financial condition and development plans do not change as a result of unforeseen events and that the Company obtains any required regulatory approvals.

Forward-looking information is subject to a variety of risks and uncertainties and other factors that could cause plans, estimates and actual results to vary materially from those projected in such forward-looking information. Some of the risks and other factors that could cause results to differ materially from those expressed in the forward-looking statements include, but are not limited to: impacts from the coronavirus or other epidemics, general economic conditions in Canada, the United States and globally; industry conditions, including fluctuations in commodity prices; governmental regulation of the mining industry, including environmental regulation; geological, technical and drilling problems; unanticipated operating events; competition for and/or inability to retain drilling rigs and other services; the availability of capital

on acceptable terms; the need to obtain required approvals from regulatory authorities; stock market volatility; volatility in market prices for commodities; liabilities inherent in mining operations; changes in tax laws and incentive programs relating to the mining industry; as well as the other risks and uncertainties applicable to the Company as set forth in the Company's continuous disclosure filings filed under the Company's profile at The Company undertakes no obligation to update these forward-looking statements, other than as required by applicable law.

SOURCE: Fabled Silver Gold Corp

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Is housing inventory growth really slowing down?

The problem with new listings declining now is what will happen if mortgage rates make a solid push lower.
The post Is housing inventory growth really…



One of the most important housing market stories in recent weeks has been the decline in new listings, which has slowed the growth rate of total inventory. What does this mean? Some have said this is evidence of a soft landing for housing since we are in August and it doesn’t look like we are going to even get to the peak inventory levels we saw in 2019 this year, or even breach the lower levels of 2019 on the national data.

From the National Association of Realtors:

What I want to talk about is the concern I’ve had throughout this post-COVID-19 housing market: When will we get total inventory back into a range of 1.52 million to 1.93 million? Once that happens, I can finally take the savagely unhealthy housing market theme  off my talking points.

First let’s take a look at the data.




Altos Research:


Clearly, we are seeing a slowdown in new listings as the data has been negative now for months. One thing that I have stressed is that higher mortgage rates can create a slowdown in demand and thus allow more inventory to accumulate through a weakness in demand. After March of this year when rates were rising, this was the case, especially when rates ranged between 5% to 6%. Inventory growth is happening much like we saw in 2014 — the last time total inventory grew — which was also the last time mortgage purchase application data went negative year over year. 

However, inventory accumulation due to weakness in demand is only one of many ways to see inventory increase. If you really want to see inventory grow to 2019, 2016, 2014 or even 2012 levels, you need a healthy amount of new listing growth each year. We aren’t talking forced sellers, foreclosures or even short sellers. With just traditional new listings and with higher rates and time, we should be able to hit peak 2019 inventory levels. 

The problem with new listings declining now is what will happen if mortgage rates make a solid push lower. At that point housing inventory could slow even more, pause, and in some cases fall again due to demand. If mortgage rates peaked at 6.25% or 6.50%, that means that the next big move should be lower and that is a risk to getting balance back into the system.

How low do rates need to go?

Mortgage rates have made a move of 1.25% in recent week and I have talked about how low they need to go to make a material shift in the markets. Looking at the most recent mortgage purchase application data, I haven’t seen anything yet to show that demand is coming back in the meaningful way. In fact the recent data shows that even though we saw a positive 1% move week to week, the year-over-year data is still down 19%.


So as of now, the growth rate of inventory slowing down is a supply issue more than demand picking up in a meaningful way. This is why if rates do fall, we will have more supply and more choices for borrowers, who in some areas won’t have to get into a bidding war for a home. This is something I will be keeping an eye on for the rest of the year, since I do have all six of my recession red flags up, which historically means that rates and bond yields fall.

Two things that I believe are key for a soft landing are rates falling to get housing back in line and inflation growth falling so the Fed can stop with the rate hikes and start cutting rates if the economic data gets even worse.


The recent inflation data did surprise the downside a bit, sending the bond market rallying, stocks higher and mortgage rates falling.


However, we are far from calling it a victory as inflation growth rate is still very high and we do have some variables that can create supply shortages, such as war and aggression by other countries. 

For today, people cheered the growth rate of inflation falling as they know this is the biggest driver of the Federal Reserve’s hawkish tone and more aggressive rate hikes. Also, in general, the mood of Americans is much better when gasoline prices are falling and not rising. However, we need much more aggressive monthly prints heading lower for the Fed to be convinced that inflation is no longer a concern. 

All in all, the decline in new listings does warrant a conversation on how much more growth we will see for the rest of the year. Inventory data is very seasonal and traditionally we see inventory start to fall in October as people start getting ready for the holidays and the New Year, and then in the spring and summer inventory pops up again.

I would remind everyone that the growth rate of inventory, working from all-time lows, was aggressive in the last few months, so some context is needed if we do see some weekly declines in inventory during the summer months. For now, this is due to a lack of new sellers rather than demand picking up. If demand starts to pick up due to falling rates, that is an entirely different conversation we will have, but we haven’t crossed that bridge yet. 

Just remember that American homeowners are just in much better shape these days.


I know the professional grift online since October of 2021 was that a massive wave of millions of people were going to list their homes to sell at any cost to get out before the housing market crashed. 

However, homeowners don’t operate this way. A traditional home seller is a natural homebuyer, buying another property when they sell. They don’t sell their house to be homeless or purposely sell to rent at a higher cost for no good reason. If we get a job loss recession we can have a further discussion of credit risk profiles, but for now, it shouldn’t be too shocking that new listings are declining, except for the fact it’s happening sooner than later in the year.

The post Is housing inventory growth really slowing down? appeared first on HousingWire.

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US CPI eases substantially to 8.5% but the Fed yet to “hit the brakes”

US consumers received a welcome break from the meteoric rise in prices with the July CPI ‘easing’ more than anticipated to 8.5% Y-o-Y. The figure moderated…



US consumers received a welcome break from the meteoric rise in prices with the July CPI ‘easing’ more than anticipated to 8.5% Y-o-Y.

The figure moderated from 9.1% in June owing to a fall in surging gasoline prices as the summer driving season came to a close.

Forecasts had suggested that the CPI may only fall to 8.7%.

Prices of key commodities such as corn, wheat and copper also declined by 20.4%, 27.7% and 13.5% compared to 3 months ago at the time of writing.

Buoyed by renewed optimism, the S&P 500 has risen by 2.1% thus far during today’s session.

Yet, the rate of inflation is still far above the Fed’s stated 2% target.


Core CPI which excludes volatile energy and food items from the main basket stayed unchanged at 5.9% Y-o-Y while increasing by 0.3% on a monthly basis, significantly below July expectations of 0.7%.

Pimco economists Tiffany Wilding and Allison Boxer noted that although headline inflation has eased, core CPI has stayed firm, and has even seen an uptick in related data released by the Fed’s regional institutions.

The July reading showed the sharpest Y-o-Y dip since March 2020, when CPI fell from 2.3% in February to 1.5% as the initial lockdowns took effect.


American families continue to battle sky-high prices amid declining real wages. Simon Moore, a contributor at Forbes magazine adds that “price increases for many other areas of the economy still remain concerning for the Fed.”

The broad-based nature of inflation has meant essentials such as food, rent, and health services are continuing to see an uptick despite a lower aggregate number.

For instance, the Bank of America noted that the average monthly rent has risen by 16% for those in the youth demographics.

Source:, US EIA

Jobs market

The substantial dip in the CPI has proved to be a bit of a surprise following the latest jobs report which registered an increase of 528,000 in July, with the unemployment rate falling to a low of 3.5%.

The labour market continues to remain unnaturally tight despite the Fed’s overall hawkishness, two consecutive quarters of GDP contraction, and reports of big-tech lay-offs earlier in the year.

A tighter job market usually implies more competition for talent, higher wages and ultimately more spending. More spending tends to push up consumer inflation necessitating rate hikes.

As of July 2022, the U.S economy has been able to replace the 22 million jobs that were lost amid covid lockdowns, leading to predictions of a “jobful recession.”

Economists argue that this unique situation may be fueled in part by ageing demographics and a sharp decline in immigration during the course of the pandemic.

Productivity data

A key concern for the Federal Reserve is falling labour productivity in the economy. The output per worker reduced for a second consecutive quarter to -4.6% Y-o-Y, having registered a fall of 7.4% in the first three months of the year.

Q1 marked the deepest cut in labour productivity since records began in 1948, 74 years ago. This was reinforced by the weakness in GDP data that contracted in both Q1 and Q2, contrasting with the positive signals from the headline jobs figures.

At the same time, unit labour costs increased 10.8% in Q2, although real wages have contracted 3.5% over the past year.

Can we expect a pause in rate hikes?

Bluford Putnam, Managing Director & Chief Economist, CME Group, wrote “…factors has changed course in the past six to 12 months and is no longer likely to be a source of future inflation”

Elevated goods demand due to the pandemic and ongoing lockdowns have eased markedly; supply chain disruptions will take time to alleviate completely but significant strides have been made in this regard; the gigantic fiscal stimulus injected during the covid crisis has largely run its course; central banks are finally reducing their balance sheets; while policymakers have embarked upon the withdrawal of rock-bottom interest rates.  These are all sources of price rise that have seemingly turned the corner.

In addition, gasoline prices are likely to ease for the foreseeable future, while WTI and Brent have fallen 4.7% and 2.4%, respectively over the past month.

However, Bill Adams of Comerica Bank has been reluctant to call a peak to inflation and expects that the US is at risk of “another energy price shock” over the winter.

The conduct of monetary policy has never been a clear-cut matter. The judgement of monetary authorities is paramount while projecting into the future has always been fraught with known and unknown unknowns. 

The relatively sharp decline in CPI, contracting GDP and tightness in the job market tell a muddled tale.

For the average householder, costs are punitive, and inflation is likely to stay sticky.

However, the New York Fed in its July survey of expectations found that inflation expectations of the ‘general public’ have followed gasoline and broader energy prices lower, with one year ahead expectations falling to 6.2%.

Since inflation expectations are central to the monetary policy equation, once again, we find that supply-side factors not under the control of central banks may have influenced public sentiment and consumer behaviour more so than simply tighter policies.

In light of the likely easing among key inflationary sources, CME’s FedWatch Tool reports that there is a 60.5% probability of a 50 bps hike in September, while there is a 39.5% chance of a third consecutive 75 bps hike.

This is in spite of the fact that Jerome Powell believes that the Fed has been able to achieve the neutral interest rate during its last meeting – a level where the economy is neither constrained into contraction nor incentivized to expand.

Putnam states that “any level of short-term rates that is below a reasonable view of inflation expectations remains accommodative”, resulting in the Fed taking “its foot off the accelerator, but it has not hit the brakes. “  

Moore points out that “Inflation is starting to fall, but still not by as much as the Fed would like and it may be some time before they can declare any sort of victory”

For now, all eyes will be on tomorrow’s Producer Price Index data and the likely passing of the controversial Inflation Reduction Act in the coming days.

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4 Natural Gas Stocks To Watch Today

Are these the best natural gas stocks to watch today?
The post 4 Natural Gas Stocks To Watch Today appeared first on Stock Market News, Quotes, Charts…



Check Out These 4 Top Natural Gas Stocks In The Stock Market Today

If you’re looking for an investment in the stock market that will give you exposure to the natural gas industry, then natural gas stocks may be a good option. For the uninitiated, Natural gas is a vital commodity used in a variety of industries, including power generation, heating, and manufacturing. And as the world moves to cleaner energy sources, demand for natural gas is expected to grow.

Despite the downturn in the economy, natural gas stocks have held their value quite well in recent years. This is evident with natural gas stocks such as Royal Dutch Shell (NYSE: RDS.A) and Antero Resources Corporation (NYSE: AR). Both companies have seen their share price increase year-to-date by 19.07% and 113.76%, respectively. While the natural gas industry is not immune to market fluctuations, it has proven to be relatively stable in turbulent times. Moreover, natural gas is a increasingly popular energy source, due in part to its relatively low emissions. As more and more countries commit to reducing their carbon footprint, demand for natural gas is expected to rise. For these reasons, I’m not surprised investors are turning their attention to natural gas stocks in the stock market today.

Natural Gas Stocks To Watch Today

Occidental Petroleum (OXY Stock)

Occidental Petroleum (OXY) is an international energy company that has majority of its assets throughout the U.S., Middle East, and North Africa. The company is one of the largest oil producers in the U.S., as well as a leading producer in the Permian and DJ basins, and the offshore Gulf of Mexico. Its midstream and marketing segment provides flow assurance and maximizes the value of its oil and gas products. Also, Occidental Petroleum has its Oxy Low Carbon Ventures subsidiary that is advancing leading-edge technologies and business solutions that economically grow its business.

Just this month, OXY reported a beat for its 2nd quarter 2022 results. Diving in, the company reported earnings of $3.16 per share on revenue of $10.7 billion. Wall street’s conensus earnings estimate was $2.93 per share on revenue of $9.8 billion. This reflects an increase in revenue of 78.6% year-over-year. Since releasing these results, OXY stock has jumped over 5% and is currently trading on Wednesday afternoon at $63.25 per share.

Oxy completed another quarter with strong operational and financial performance across all of our businesses. We generated $4.2 billion of free cash flow before working capital in the second quarter, our highest quarterly free cash flow to date. We also achieved a significant milestone as we surpassed our near-term debt reduction goal and activated our share repurchase program,” commented President and Chief Executive Officer Vicki Hollub. All in all, is OXY on your list of stocks to watch today?

OXY stock
Source: TD Ameritrade TOS

[Read More] What Are The Best Stocks To Invest In? 4 Lithium Stocks To Know


Following that, let’s take a look a independent exploration and production company, ConocoPhillips (COP). In brief, ConocoPhilips explores, produces, and markets crude oil, bitumen, natural gas, liquefied natural gas, and natural gas liquids. With operations in 14 countries around the world, while boasting $87 billion worth of total assets, I could see why investors may be add COP stock to your radar in the stock market today. In August, ConocoPhillips reported a miss for its second quarter 2022 results.

In detail, the company posted earnings of $3.91 per share on revenue of $22.0 billion. Analysts consensus earnings expectations were $3.78 per share on revenue of $17.2 billion. Next, the company notched a 115.3% increase in revenue on a year-over-year basis. As well as announcing a $5 billion increase in estaimted 2022 return on capital to its shareholders, brining it to a total of $15 billion. Over the last five trading days shares of COP stock are up 3.75% and it’s currently trading at $96.09 a share on Wednesday afternoon.

The second quarter delivered strong financial results and presented outstanding opportunities to accelerate progress on our Triple Mandate to reliably and responsibly deliver oil and gas production to meet energy transition pathway demand, deliver competitive returns on and of capital for our shareholders, and achieve our net-zero operational emissions ambition,” quoted chairman & CEO Ryan Lance. All being said, is now the time to add COP stock to your radar?

COP stock chart
Source: TD Ameritrade TOS


Next, let’s check out Chevron (CVX). Chevron is another natural gas company to watch in the stock market today. The company focuses in producing a broad range of offerings. This ranges from the production of crude oil and natural gas to the manufacturing of transportation fuels and petrochemicals. Separate from that, Chevron also develops additives alongside industry-relevant tech solutions. For a sense of scale, they currently have operations in over 180 countries across the globe.

In July, the company reported a beat on its 2nd quarter 2022 results. In the earnings report, Chevron reported a year-over-year revenue increase of 82.9%. Furthermore, the company posted an earnings per share of $5.82 on revenue of $68.8 billion. As a whole, wall street estimates for this quarter were $5.02 per share on revenue of $55.1 billion. “Second quarter financial performance improved as we delivered a return on capital employed of 26 percent,” commented Mike Wirth, Chevron’s chairman and chief executive officer. As a result, shares of CVX have gained 10% in the last month of trading action and is currently trading at $155.77 during Wednesday’s lunchtime session.

CVX stock chart
Source: TD Ameritrade TOS

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Last but not least, let’s look at ExxonMobil (XOM). As most would know, ExxonMobil is among the largest players in the global energy and petrochemical market today. Through its broad portfolio, ExxonMobil serves the energy needs of the world. Among ExxonMobil’s core divisions would include its Upstream, Product Solutions, and Low Carbon Solutions. Through this, the company produces energy, chemicals, lubricants, and low-emission tech. 

At the end of last month, XOM announced a better-than-expected second quarter 2022 results. Specifically, the company announced a earnings of $4.14 per share on revenue of $115.7 billion. This was better than the consensus estimates of earnings per share of $3.80 and revenue of $120.2 billion. Also, Exxon notched in a 70.8% year-over-year jump in revenue for the quarter. “Earnings and cash flow benefited from increased production, higher realizations, and tight cost control,” commented chairman and CEO Darren Woods. “Strong second-quarter results reflect our focus on the fundamentals and the investments we put in motion several years ago and sustained through the depths of the pandemic.” On Wednesday afternoon, shares of XOM stock are trading at $91.40. Given all this, do you think XOM stock is a buy now?

XOM stock chart
Source: TD Ameritrade TOS

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