why would exxon ceo do that? well, it didn't happen because we, the people or our elected represent wanted companies like exide to enact such a self-destructive policy. despite extreme media and academic pressure, there's been no legislation requiring, such as exxon, to adopt net zero policy because it's a ridiculous thing for an oil company to do. and a majority of americans do not it. they certainly didn't help because there's a lack of consumer demand for exxon's products or to the contrary. demand is accelerating across the globe. and it didn't happen because exxon's benefits shareholders, its actual stake holders thought it was in there or the company's best financial interest because clearly it was not. it because a group of esg supporting financial elites overrode our represent of democracy, overrode our consumer driven free market economy and the profit motive by using the power they derive from investing our money to their policies and ideological goals. it was an effort to advance a transformation of ou

ibm and exxon-mobile. let me just ask about exxon-mobile. the great oil trade, just hasn't happened for a variety of reasons. everyone said buckle up, here comes oil. geopolitics hasn't done it. all kinds of stimulus and china hasn't done it. what is it about exxon-mobile that makes you so confident? >> so you know, we really like the financials at exxon-mobile and the diversification, right? you're going to continue to get the benefit from a rise in oil prices, if that comes, but even if it doesn't, you know, the overall capex that they are going to spend in order to continue to grow production, they just talked about it and that's going to grow through 2030, and you know, in the meantime, you'll get a nice 2.8% dividend yield and i think that's a great yield to get in order to wait for some additional growth in oil prices. charles: all right it's nothing like getting paid while you wait, ha? ayoka, thank you very much appreciate it talk to you again soon. meanwhile folks pounding the table on quantum computing, for a few weeks now and sinc

just as general motors and exxon or cisco. right now, these are small industries and small components in the general equity complex. the u.s. steel parent itself, to me, it qualifies as so bad it's good. if a deal doesn't get done, it sits here. if it does, you get a little pop. >>> there's a lot more coming up on "fast money." here's what's coming up on the show. >> the energy sector in need of a caffeine boost. can m&a lead the way for big gains in 2025? we're hitting it all with high energy trading. >>> plus, can the real estate market heat back up with mortgage rates so high? the keys to big gains for housing stocks, and what could finally unlock opportunities for home buyers, next. you're watching "fast money," live from the nasdaq market site in times square. we're back right after this. >>> welcome back to "fast money." energy is one of the. and with tariffs and other potential headwinds on the horizon, to get creative to boost their stock values in 2025. our pippa stevens has the details on that story. >> that's right,

uh so exxon. my dad worked for exxon, but partially due to the fracking them. she's living with taking time bumps this well, here was one of the old orphan wells, the blue august, 1st blue, like it blew up blue blue produce water everywhere and produce water is the waste water that slept over after they trill an oil and gas? well, so we don't even know what's on it, it's in the, on their trade secret. what they frack with is what they're injecting underground that's causing these old wells to make trouble. the produced water got on laura's animals and when she touched them, it felt like drain cleaner on her skin. other than causing these old wells to blow those wastewater injections can also cause earthquakes. another well and her property hasn't blown yet. many wells are in rural areas, which makes them easier to a nor laura has to wait for this well to blow before the railroad commission, which oversees oil and gas and texas will plug it hoc. dunlap is one person drawing attention to this issue, to fix this problem that equals for a living and noticed how big

exxon is really doubling down on oil production at a time when opec is pulling back.ted eight million barrels a day of supply that's currently curtailed by its allies. and indeed last week, chevron announced the first cut to its capital spending budget since 2021. exxon, like it has done a few times in the past 50 years, is really going in the other direction. scarlet: going the other direction, and this is something that investors are asking the company about at its investor day. with oil prices where they are right now, kind of under pressure, what does this plan to increase production mean for oil prices? how is the company thinking about this? >> the company is defending its plans by saying, look, we only produce about 3% of the world's oil supply, but critically it's saying that the new projects that are coming online are among the lowest cost anywhere in the world. so for example, in guyana, where they're spending a lot of its cap ex, it can produce oil very profit abilitily at just $35 a barrel, which is currently lower. exxon says they have a responsibility to

towards the rebels that calling a new here for the country they joined by millions of syrians living in exxon world from greece to france. the u. k. and kit and jim many size over 10 to they homeland off to playing serious 13 view simple the . i'm anthony out, welcome russian state media site that asked that the syrian liter basha ellis has been granted asylum in moscow. optically, his country is rising, collapsed in a lightning rebel offensive dep again, less than 2 weeks ago. a subs full has been a cause for widespread celebration across the country. after almost 25 years under his rule, syrians are beginning to turn their attention towards what rebel later say is a new era for the homeless busha, a subs exit from syria, came quickly in the in. looters picked through his boss palace just hours after he flayed to russia with his family, of begging the remains of his regime. and celebration, fresh quote, for their country comes the use of injustice insults, public water and electricity cuts. they thank god, after 50 years we were able to remove assaults, family, god willing, syria is moving t

exxon mobil and chevron joining the race to power a.i.settings exxon unveiling plans to a gas plan saying it would use carbon capture and storage technology to reduce emissions by 90%. is this the way you want to play the story by the oil companies? >> we think big oil has an opportunity to play a major role, dana's entered data centers equate for 4% of the electrical intake across you entire united states. we think of five years that will double 9%. energy is needed we don't have the capability to produce as a computing models continue to grow from the large-cap tech. they need to get involved we see a push to nuclear from large-cap tech moving away from some of the solar and green energies. they're getting involved and we think energy is a great place to be. maria: mark, same question for you, micro strategies joining them nasdaq 100. micro strategy for a couple of weeks. a bank survey found more than half of generation x parents are worried about financially supporting the children into adulthood compared to 37% across all generations

. >> caller: my stocks are adobe, abercrombie and fitch, exxon and my christmas pick is home depot. >. these are nice stores. your nice store, home depot which was up very big told we told people in the charity trust, buy that and it has been dead right amazon is my favorite retailer but it is also web services so i'm not going to say that. and the amazon advertising business is doing quite well and abercrombie. this is fashion and this is home this trades with the home companies. it does not trade with the fashion companies. of course, right and this is not taser, but axon is what i regard as police work papers it is the equivalent of like all sorts of stuff involving justice. let's put it that way. and then adobe which reports next week which is software that makes you create and i could argue -- i'm going to let this go and i'm going to let it go because even one has a niche and it is ashame to sell adobe ahead of what i think is going to be a decent quarter. >> coming up, cramer takes your calls an the sky is the limit. it is a fast fire "lightning round. next >> at university of

again, i believe that is correct, however all three of those stocks with the exxon mobil, so whether that is x or e depending on how poorly you play the game, we will see. it is interesting to hear this now. some people say positive and the market is not taking it that way. i could understand why there is apprehension, but on evaluation alone, these names are compelling and until a week or so ago, exxon was trading at an all-time high, which is interesting given the backdrop where everybody is in technology and other service names and nobody wants to be an energy. i'm not running too far from this. >> energy needs didn't do well, because there is a lot of supply on the market. the way you introduced the segment, you said that the first time since the pandemic they cut capex. there is nothing positive about that. they are increasing cash flow. normally that is a positive, but i think the market is looking at this as to why. why do you need cash flow? >> one thing that we have seen over the company's during the past few years is that they have become much more productive and doing more

. >> you get exxon, procter & gamble, johnson & johnson.ks are in the 30s on the forward multiples. you look at johnson & johnson, ten times. exxon, 13 times forward earnings. jpmorgan, 14 times forward earnings. all of these stocks are much more appealing. and yet there's no -- we keep waiting for the rotation you and i have been reporting all year, and it doesn't happen. we've been waiting a decade. >> it's happened in little bursts but they haven't really last for a couple of months at a time. going into next year, the bull case for the rest of the market is earnings growth is supposed to broaden out beyond the very largest stock. whether that's the magic or not -- >> materials up 18% expected earnings growth in 2025. health care up 17% or so. yeah, and these are relative valuations are there. the tracked evaluations are there. it looks like the close rally is still fizzling. it's the fourth day. there are seven days, so it's not over. we're negative here. 59.74 is where it started tuesday morning. we're below that right now. so, we're d

they bought market share on the cheap and those things come back to benefit the way exxon did with mobile chevron right now the price is down more than exxon is up on the year, chevron to me is just a good value with a 4.5% yield. it's still up huge, but lots of growth in front. you'll be paying 11 times earnings. not 23 times earnings. charles: you know i learn something every time you're on the show. merry christmas. >> merry christmas. charles: thanks. folks its been a wild ride these last couple of days but my next guest wants to remind you that trees don't grow to the sky at least not straight to the sky. we'll be right back. liberty mutual customized my car insurance so i saved hundreds. with the money i saved i thought i'd get a wax figure of myself. oh! right in the temporal lobe! beat it, punks! only pay for what you need. ♪ liberty, liberty, liberty, liberty ♪ big news for mahomes! i'm switching to iphone 16 pro at t-mobile! it's built for apple intelligence. that's like peanut butter on jelly... on gold. get four iphone 16 pro on us, plus four lines for $25 bucks. what a deal.

they're so, so big that so what the strategy and i draw parallels between the exxon valdez case in the book and the kingston disaster because there are a lot of parallels also because the lawyer for and the exxon valdez spill and, the lawyer for jacobs in my book are the same person and name is jim sanders. he lives in nashville on old hickory is nashville's own. yeah. nashville zone. yeah, yeah. he also represented a purdue pharma and of course it took all these great companies. that's like how says it has. yeah. so he sleeps at night and he he claims he sleeps in that someone an interview asked him that and i quote in my book he claims he sleeps tonight okay sure but he oh he's a democrat. he's he swears he's a yellow dog democrat, which we'll take his. yeah. whereas we're also talking about. oh, oh. so you just getting the workers. yeah. yeah. you just so jim the lawyer right. about was hesitant to take on these cases because he knew this dynamic that you drag out cases and also when people are sick or they're depending on the money to get by the longer you drag out these cases is i

the oil companies are used to expanding and major oil producers like show exxon until tile. energies are also bedding on rising demand. data suggested that companies, i think that the p were increasing the production stakeholder is the lead researcher on a report that investigated well. companies, communication claims, hotel energies, stated it was full cost to 25 percent of its carfax to 2022 and renewables in an extra team. but when you look at what that includes, it also includes some kind of gas finance talent. they may seem like they're shifting towards renewables, put, they're actually still banking on a fossil fuel future of the business operations on changing particularly, or the pace made it so says it will be against policies that would all stop change or bringing about quicker. but at the same time promoting this very public narrative that they are doing, they can stay don't oil. companies like russian ross enough and saudi around color, also bedding on future money from fossil fuels. even though projects approved now may never be profitable. new sites take years to build

dodge and tina. shortly afterwards, santano's jewish community launched in a program to help the exxon's latest image of i mean mass on to the bottom of the immediately set to work welcoming for children and mother is supposed to just have been mines is for. so sometimes mothers came without, their husbands might eat, who were fight in or where and concentration can have to understand or going. so they found at the children's home so that the women and can't go to work spots and stuff. but yeah, it is food don't like us to be honest with them. they founded an association to support them. they also collected donations so that others i've had to add germany could also cause it is 5, a fundraising rep with this as it alters lemoine. could somebody, susan levine, in that period, 16000 jewish immigrants found a new home in brazil, mainly in booming south power of professional experience. they brought with some helps economic development. reaching out to all the content of mazda in brazil. what people don't know is the south town always the biggest german industrial city outside germany, only

and it was circulating a near the airports of like power and cause exxon. and then it proceeded to crash near there. a fire broke out right away was emergency services arrived there, straight away. we're talking about 52, met with personnel. and miraculously, there were survivors, and from now where human reports from anywhere between 12 people survive. now we're seeing that that number is 14 going up to perhaps even 20 in total. there was 67 people on board. 62 passengers, as well as 5 crew members. now among the survivors so far were here and there is one child there were taken straight away to the hospital with various injuries. now again, we know that the ministry of transport is conduct the investigation as to what happened. exactly. it's, it's a miracle. even the fact that the, the worst survivor and begin with. and let's see if that number will rise, or if we'll see that the casualties are actually rising because people are so coming to their injuries at the hospital. of course, now this is what we know so far and, and we're just waiting to see more

they joined 5 millions of syrians living in exxon world from greece to france, the u. k. and get into many sides elverton. they homeland off to playing serious 13 views, simple. the.

he prayed to serve as a british, professor and helps stand up nato defense innovation exxon et cetera for the north atlantic and the nato innovation fund in his role as nato's first and inaugural head of innovation. lastly, we have mr. mike smith who after starting his group in the u.s. navy served as in various roles in uap systems, lockheed martin, as president hii nuclear power business and in our conversation he helped establish joint venture in india. he is now defensive usa president and ceo. in terms of her plan for today i plan to kick off the conversation with a few questions for panels and opening it up to questions and comments all of you may have. my first question asked before each of you please of the topic of the unique contribution allies can bring. mosier conversation today's focus on what can allies bring in terms of defense and social capacity? driven by the war in ukraine and the prospect of a potential conflict with china we're looking to allies contributions to either excellent defense and doesn't capacity here or across the broader defense industrial space. i th

and also he set up a states delegation and census they delegation to cause exxon to investigate the causes of the crash. likewise, the touching leader, i'm sorry, a bit of expresses condolences and so that he's praying for a speedy recovery of those for survived. similarly with the concept of presidents who also instructed that a commission be set up looking into what happened without played and why it resulted in this project crash. now they had the rushes darkest on, expressed his condolences and offered any assistance possible that he could offer. and the georgia for ministry said that it stands in solidarity with a strategic partner at this difficult time. and we also heard from sir b as president and the pocket study prime minister, expressing their condolences and finally this hour. we also heard from the united states who are saying that they're willing to help by sir, by john and any way possible. all right, and our case manifest way to marina. thank you. the war against the russians continues on and off the battlefield. 7 people, including 3 miners, have been detained by russian s

to a collision with a flock of birds and that they're in contact with the all sorts ease and cause exxon trying to figure out exactly what happened. but we also here spoke to a navy ational export trying to figure out what went wrong, how could this have happened, and this is what they had to say. i have an impression that the plane was almost out of control. it was descending and seemed ready for landing. but in reality, the descent was too steep. only at the very last moment there seemed to be an attempt to level the playing off. it didn't seem right to me. there could be a number of reasons such as control systems failure. it's like reading tea leaves. there can be a lot of reasons, but we can see that the plain was almost uncontrollable. now what's interesting is that we're getting reports that local authorities are now looking into a violation of safety rules during aircraft operation. and also process investigative committee has launched a criminal case. also looking into a violation of traffic safety rules as operation of air transports. then in terms of official reaction to the a

she fled to india on a military plane seeking exxon once held as a pro democracy lead. she's now facing a rest to the north coast of the shop in the interest of a thorough investigation. we applied for an arrest warrant. the court accepted our petition and ordered the arrest of former prime ministers. j casino has seen that has been accused of a litany of crimes during have 15 years of power ranging from corruption to human rights violations and bangladesh. she starts, he's according that extradition nobel peace nor yet. mohammed eunice is now the interim leader. he says he's doing what he can to right the wrongs of the past. and he has met the families of victims of enforce disappearances. unbelievable. how can a human being do these things to another human being? thought until she casino sent back to bangladesh. many say they'll continue to demand justice. sorry, give out a 0. the inside story. that's bringing a guess. so here the nice thing is a senior research fellow at the institute of development studies at the university of sussex. you joins us from dr. sweetwate

has exxon many our fear dads, israel attacks tends, housing, displays, palestinians at a school turn shelter in northern gauze on the line christians and girls i gathered to celebrate christmas unto this tribes of israel's genocide award. the hostilities have intensified in northern syria over kurt or slide group that's not a part of a deal to the spend on unites under a new syria and military force. turkey as president reads of labor to on has worn those curtis fighters in syria to lay down their weapons or quotes be buried. on tuesday, syria's new leader said, other armed factions have agreed to be absorbed into a single army. that agreement does not include the syrian democratic forces, turkey as president, views them as an extension of the p k. k group, which ankara designates as a terrorist organization. it does that we are determined to crush the heads of terrorist organizations that threaten the purpose you with the but both took it and syria starting with i. so the p. k. k. as i said off of the cabinet meeting, the old conditions are impossible. the separate matter isn't, wil

some russia is a big junk exxon and target stock, which also resulted in the death of about $38.00 people. we understand, of course, at this given moments on friday, the head of rushes, air transport agency issued a statement suggesting that the pyre of the place prior to try to mind the plane many times this is corresponded with eye, witness testimonies from somebody. the passengers on board the estimates on the aircraft and we understand that at this given points and was diverted because x time because the aerospace within the immediate region was close to assistance with these crushing and some other things in connection with the embry, a plane crash near act how the russian side immediately informed its cause and as a by johnny colleagues of its full and comprehend of readiness to co operate in the investigation of this tragedy. it is necessary to carefully and completely verify all the circumstances of the incident. i would like to note the situation on that day and during those hours in the area or of the girls in the airport. and it was very strange things. keep what you we at that

this, of course, decision was based off play preliminary investigation, not to be confused with cause exxon forensic evidence to be an investigation that it will be carrying out with the brazilian manufacturer emory or, and it will ensure that it essentially takes in consideration some factors such as the black box is the beta recordings, as well as other factors that essentially will provide a better picture and a better understanding of what it's actually went down. but we also understand that the rubber statements provided from the survey john has ministry of transportation . and we understand that the government is currently in a position where it is potentially praising it's a airlines pilots or essentially attempting to save the lives and essentially result the re a purse survival, the regular passengers. despite that crash, i was there to the minister of transportation. it wasn't a job. preliminary conclusions of experts indicate the presence of external interference. this is confirmed by the appearance of debris on the ground and i witness accounts. the crew showed heroism by making

most likely damage is across the cost and cause exxon. the us says, alley indications show russian defense systems might be responsible for such a call reports a day of morning and as or by jan with some of the 38 people killed when as were by john airlines flight 8. 432 crashed and causing stag, laid to rest. the aircraft came down on wednesday after apparently suffering damage to the end of its journey from as or by john took rodney the capital of russia's chechen republic. it had traveled across the caspian sea and made an emergency landing in kaz extent. experts are investigating what happened during the aircraft approach towards its destination and gross me to black box is, has been recovered, is very, authorities have opened a criminal case. the airline says it's initial crow shows the plane suffered what did called physical and technical external interference. survivors reported hearing up to 3 explosions. beautiful. well, when the 1st bang happened, i looked around and i saw that the plane was going to fall apart. but then it didn

better picture as to what went wrong with the aircraft as it was crashing into the outskirts of because exxon but also take into consideration what happened on board and on during the slides in the cockpit as it was happening as well, which is why it's important that this investigation concludes. and we understand that as soon as the 2nd black box was discovered on thursday, there was a statement put forth by cuz that because i chose, as well as the aircraft company for the brazilian company, suggesting that they would be traveling to kazakhstan to continue and take part of the investigation, the investigation of course, is a forensic one is going to take into consideration and that number and multitudes of different scenarios. i mean, storage, essentially paint a better picture as to what really went down as that plane was just essentially losing altitude. and crushed into the citric. i'm ok so, but one thing that's going to be important to note that it's a good again, is that this investigation could take some time. it's going to take a long time to decide for all of the materials in the bl