Exxon Mobil, Battalion Oil, Occidental Petroleum Are Trending After Hours as Hormuz Strait Disruption Reignites: XOM, BATL, OXY Spike

Renewed tension in the Middle East sends the oil stocks trending.

Exxon Mobil Corp. (NYSE: XOM ), Battalion Oil Corp. (NYSEAMERICAN: BATL) and Occidental Petroleum Corp. (NYSE: OXY ) were among the oil names trending in after-hours trading on Tuesday as markets weighed U.S. military strikes on Iran following attacks on commercial shipping in the Strait of Hormuz.

Exxon Leads The Move In the after-hours session, these stocks surged: Company Name AH Surge% AH Price Tuesday Closing Price Regular Session Surge Exxon Mobil +1.03% $143.15 $141.69 +3.85% Battalion Oil Corp +0.49% $1.79 $1.78 +25.35% Occidental Petroleum +0.43% $51.90 $51.68 +5.88% During the regular trading session, Battalion, which had the smallest market capitalization of the three companies, saw its trading volume rise to nearly twice its daily average.

Exxon and Occidental, however, traded at levels closer to their usual volumes.

Company Name Market Cap Avg.

Volume Today’s Volume Exxon Mobil $587.30B 17.42M 14.67M Battalion Oil $39.19M 15.67M 27.49M Occidental Petroleum $51.40B 10.04M 11.66M Exxon Insider Files Ownership Disclosure Separately, Susan Elaine Buchanan, the company’s VP, Chief Accounting Officer and Controller, on Monday disclosed in a Securities and Exchange Commission filing an initial beneficial ownership stake of 47,308 shares held directly, plus 1,000 shares held indirectly through a family trust and roughly 1,292 shares held through a company savings plan, effective Jul.

1.

The disclosure came a day before Exxon signaling that second-quarter earnings could rise by roughly $5 billion from the prior quarter, citing the oil-price spike tied to the Iran conflict and improved refining margins.

The company is expected to report full results on Jul.

31.

Strait Tensions Escalate On Tuesday, U.S.

Central Command said it launched the strikes after Iran attacked three commercial vessels in the Strait, calling it a ceasefire breach.

The Treasury Department simultaneously revoked authorization for Iranian oil sales.

At the time of writing, WTI crude rose 2.90% to $72.48 a barrel and Brent gained 2.67% to $76.14.

Trading Metrics, Technical Analysis The Relative Strength Index (RSI) of Exxon Mobil stands at 48.78.

XOM has gained 27.52% over the past 12 months.

The stock is currently trading around the midpoint of its 52-week range. ’s Edge Stock Rankings indicate that XOM is experiencing long-term consolidation along with medium and short-term upward movement.

Photo: FOTOGRIN on Shutterstock.com Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published editors.

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