Advertisement
Australia markets open in 7 hours 43 minutes
  • ALL ORDS

    8,065.50
    +113.20 (+1.42%)
     
  • AUD/USD

    0.6609
    -0.0016 (-0.24%)
     
  • ASX 200

    7,793.30
    +110.90 (+1.44%)
     
  • OIL

    78.69
    +0.21 (+0.27%)
     
  • GOLD

    2,322.30
    -8.90 (-0.38%)
     
  • Bitcoin AUD

    96,482.93
    +91.38 (+0.09%)
     
  • CMC Crypto 200

    1,320.43
    -44.70 (-3.28%)
     

This Ultra-High-Yield Stock's Deal With ExxonMobil Could Drive Its Dividend Higher

This Ultra-High-Yield Stock's Deal With ExxonMobil Could Drive Its Dividend Higher

Given ExxonMobil's (NYSE: XOM) enormous cash war chest, there has been a lot of focus recently on its next acquisition. Chord Energy has agreed to acquire 62,000 acres in the Williston Basin of North Dakota from Exxon.