What to watch in markets on Friday, August 12, 2022.
OPIS Global Head of Energy Analysis Tom Kloza joins Yahoo Finance Live to explain gas prices and what investors should brace for in energy markets amid the Russia-Ukraine war and potential weather disruptions.
Originally known as Standard Oil in the 1800s, oil major ExxonMobil (NYSE: XOM) offers the third-longest consecutive payout in America. The company began doling out dividends in 1882 and hasn't stopped since. While this certainly hurt oil majors, like ExxonMobil and drilling-focused energy stocks, ExxonMobil emerged relatively strong, thanks to its operating structure.