82.32 +0.01 (0.01%)
After hours: 4:44PM EDT
|Bid||82.21 x 3200|
|Ask||82.31 x 800|
|Day's range||82.04 - 82.75|
|52-week range||72.16 - 89.30|
|PE ratio (TTM)||17.26|
|Earnings date||27 Jul 2018|
|Forward dividend & yield||3.28 (3.96%)|
|1y target est||89.58|
With oil companies under pressure, one technical analyst is recommending an energy heavyweight to ditch and another that looks like a buy.
Financial stocks jumped on Monday although the broader market struggled, as impressive economic data and quarterly results failed to boost investors??? confidence.
Investing.com - Energy stocks were the biggest drag on the U.S. market Monday as oil prices tumbled on expectations Iran supply disruptions may be averted.
As earning season gets underway several blue chip Dow Jones stocks are nearing buy points after building bullish bases. Apple, Boeing, American Express, Exxon Mobil and Home Depot could make strong gains in the coming weeks.
Papua New Guinea’s natural gas reserves were once the envy of the world, but now the small country faces more hardships than success stories
Struggling with laryngitis, the oil giant’s chief executive stepped before a ballroom full of analysts and investors at the New York Stock Exchange in March and unveiled a strategy to spend more than $230 billion to double profits and pump an additional one million barrels a day of oil and gas. As Mr. Woods walked away afterward and peered at his phone, he received an unwelcome surprise. Exxon faces a number of challenges, including investigations of its accounting and tax practices as well as lawsuits by cities and states seeking funds to pay for the effects of climate change.
Steep decline in imports, partly due to an outage at Syncrude facility in Canada, led to the massive stockpile draw with the world's biggest oil consumer.
Analysts believe that the WTI Midland discount and the Waha natural gas discount to Henry Hub prices will become worse before they become better, but additional pipeline capacity is poised to make a difference in 2019
Exxon Mobil said on Thursday it ended its association with the American Legislative Exchange Council, a conservative political group that several other prominent U.S. corporations have left in recent years. "We review our memberships on an annual basis and this year have decided to discontinue our membership in ALEC," Exxon spokesman Scott Silvestri said. ALEC, a coalition of state lawmakers and companies that proposes legislation, has been criticized for its stance on climate change, tort reform and gun control.
Exxon Mobil (XOM.N) will expand its Rovuma liquefied natural gas (LNG) project in Mozambique by half to cut production costs as the partners prepare to book the plant's supply and formally tap lenders in September, the company told Reuters. The U.S. oil giant took charge of the East African LNG project's onshore operations following a $2.8 billion (2.12 billion pounds)deal with Italy's Eni (ENI.MI) last year, adding to its slate of planned gas projects in Qatar, Papua New Guinea, Russia and the United States. It now aims to build the world's biggest liquefaction units, or trains, outside Qatar, in Mozambique's remote north, shelving former operator Eni's more modest blueprint in pursuit of cost savings to boost returns on investment.
Exxon Mobil (Swiss: XOM-USD.SW - news) will expand its Rovuma liquefied natural gas (LNG) project in Mozambique by half to cut production costs as the partners prepare to book the plant's supply and formally tap lenders in September, the company told Reuters. The U.S. oil giant took charge of the East African LNG project's onshore operations following a $2.8 billion deal with Italy's Eni (LSE: 0N9S.L - news) last year, adding to its slate of planned gas projects in Qatar, Papua New Guinea, Russia and the United (Shenzhen: 000925.SZ - news) States. It now aims to build the world's biggest liquefaction units, or trains, outside Qatar, in Mozambique's remote north, shelving former operator Eni's more modest blueprint in pursuit of cost savings to boost returns on investment.
Exxon Mobil Corp. quit the American Legislative Exchange Council, a lobbying group bankrolled by fossil fuel companies, following a disagreement over climate-change policy. The oil giant won’t be renewing its membership after it expired in June, spokesman Scott Silvestri said by phone. Exxon had a public spat with ALEC in December when some members backed by climate skeptics such as the Heartland Institute moved to convince the federal government to drop its claim that climate change is a risk to human health.
Treasury Secretary Steven Mnuchin told a Texas judge that Exxon Mobil Corp. doesn’t have a right to see privileged documents related to a $2 million fine assessed against the energy company for violating sanctions related to Russia’s 2014 invasion of Ukraine. Treasury’s Office of Foreign Assets Control, which issued the penalty in July 2017, asked U.S. District Judge Jane Boyle in Dallas on Tuesday to overturn a magistrate judge’s June decision ordering Treasury to hand over more documents. Exxon signed legal documents in May 2014 related to oil and gas projects in Russia with Igor Sechin, head of Rosneft OAO, who is on the Treasury’s list of sanctioned Russian nationals, the U.S. said.
ExxonMobil today launched Exxon Mobil Rewards+™, a new loyalty program that will enable customers to earn and redeem points on fuel, car washes and convenience store purchases at participating Exxon and Mobil stations across the United States. The Exxon Mobil Rewards+ program is unique because it includes convenience store purchases, further enhancing customers’ benefits and experiences beyond the offerings of competing programs.
Jim Cramer sits down with Core Laboratories Chairman and CEO David Demshur to get his outlook on the future of crude oil.
Stocks pared gains Tuesday afternoon, with a downward reversal in small caps and energy stocks contributing to a softening session on Wall Street.
Texas claims the top spot in CNBC's 2018 America’s Top States for Business rankings. The energy sector is turbocharging the state's $1.6 trillion economy.
ExxonMobil (XOM) to undertake construction and operation of natural gas liquefaction and associated facilities in the Rovuma LNG Project.
Recently retired John Watson of the oil giant Chevron Corp. topped the list of highest-paid energy bosses in the S&P 500, taking home more in 2017 than his counterpart at Exxon Mobil Corp. Mr. Watson, 61, received $24.8 million in 2017, compared with the $17.5 million that first-year Exxon chief Darren Woods was paid last year, according to a Wall Street Journal analysis of pay data from MyLogIQ LLC. Mr. Woods took over on Jan. 1 after Rex Tillerson left Exxon to join the Trump administration.
Five years ago, Anthony, Drew and Raymond West were called into their supervisor’s office and let go from their jobs performing heavy-duty maintenance work at an oil refinery in Beaumont, Texas. “We kind of knew it was gonna happen, but then again we were all shocked,” said Raymond West, age 26, the youngest of the brothers. The Wests were employed for a contract-worker firm, Signature Industrial Services LLC, and were contracted to do work for Exxon Mobil Corp. Their Signature supervisor had been instructed to let them go because of their medical condition, hemophilia A, according to a lawsuit filed in February by the Equal Employment Opportunity Commission that charged Signature with violating the Americans with Disabilities Act.