|Bid||75.35 x 1000|
|Ask||76.44 x 3000|
|Day's range||75.93 - 76.46|
|52-week range||64.65 - 87.36|
|Beta (3Y monthly)||1.05|
|PE ratio (TTM)||17.57|
|Earnings date||25 Jul 2019 - 29 Jul 2019|
|Forward dividend & yield||3.48 (4.33%)|
|1y target est||85.03|
A 3.4 magnitude earthquake that hit the northern Dutch region of Groningen on Wednesday will not immediately alter current plans for gas production there, a government spokesman said. "We will await ...
Norway's Equinor (EQNR) acquired an additional 22.45% stake in GoM's Caesar Tonga oilfield, while energy services behemoth Schlumberger (SLB) sold several drilling assets for $400 million.
As Iraq has been drawn in to the escalating tensions between Iran and the U.S., U.S. citizens have been evacuated from the country and some oil workers have now left as well
Here Are Wall Street Analysts' Top Integrated Energy Picks(Continued from Prior Part)Analyst ratings for ShellRoyal Dutch Shell (RDS.A) has the third-highest percentage of “buy” ratings among the six integrated energy stocks (ExxonMobil,
Hopes for a speedy resumption of oil exports from Russia to Poland and Germany along the Druzhba pipeline route are fading after plans to remove dirty oil from the pipeline had a major setback last week, three trading sources said. Russia halted oil flows along the pipeline to Eastern Europe and Germany in April because of contaminated crude, leaving refiners in Europe scrambling to find supplies. Under the restart plan, Total was due to take the lion's share of the dirty oil into its Leuna refinery in Germany to dilute and process it there, sources said.
Here Are Wall Street Analysts' Top Integrated Energy Picks(Continued from Prior Part)ExxonMobil ranks lastIn this part, we’ll examine analyst ratings for ExxonMobil (XOM), which occupies the last slot among the integrated energy companies we’re
Here Are Wall Street Analysts' Top Integrated Energy Picks(Continued from Prior Part)BP stands in bottom twoBP (BP) is one of the two integrated energy stocks that has less than 60% “buy” ratings. ExxonMobil (XOM) is in the same boat with 23% of
The Zacks Analyst Blog Highlights: ExxonMobil, ConocoPhillips, Valero Energy, Marathon Petroleum and Continental Resources
Total and Eni have stopped payments for the contaminated oil sold to them by Russian firms and said they will only pay when compensation is agreed, trading sources said, upping the stakes in what the sources say is Russia's worst oil supply disruption. The French and Italian oil majors told their suppliers, including Russia's Rosneft and Surgut, that they would be ready to make payments when the extent of damages is clear and would pay for clean oil when supplies resume, the sources said. Total and Eni are big buyers of Russian oil and are still purchasing it via multiple routes besides Druzhba, which is a major pipeline from Russia to Central Europe and Germany.
ExxonMobil is holding its annual meeting of shareholders on Wednesday, May 29, 2019. Media access will only be provided to authorized representatives of commercial news organizations who register by Friday, May 24, 2019.
SINGAPORE/MOSCOW, May 20 (Reuters) - Trading companies Vitol and Unipec are sending around 700,000 tonnes of contaminated Russian oil to Asia in an attempt to place the barrels rejected by buyers in Europe, according to trading sources and ship tracking data. Vitol and Unipec are mainly targeting Chinese independent refiners, or teapots, which have shown interest in taking the oil, traders said. According to Reuters sources with Chinese refiners, they have been recently shown cargoes of Urals crude that contain organic chloride ranging from 30-50 parts per million (ppm) to 200 ppm without mentioning prices.
Equinor has resumed crude oil loadings from its Statfjord field in the North Sea following a spill last week, the Norwegian oil and gas company said on Monday. Production from Statfjord remains unaffected, and the offloading of crude is now taking place from an alternative buoy on the field, it added. The company was still investigating the source of the oil spill that was detected on the sea surface on May 15, prompting shutdown of loadings to a shuttle tanker, a spokesman said.
A major oil deal between Iraq and Exxon Mobil was "very close" but had been slowed by Exxon's decision on Saturday to evacuate its international staff from the West Qurna oil field, Iraq's Oil Minister Thamer Ghadhban said on Sunday. "But now they are out of the country, why should I run after them?" he said at an oil meeting in Jeddah. Iraqi oil officials say Exxon evacuated all of its foreign staff from the West Qurna 1 field on Friday and Saturday, about 60 people.
The consortium exploring the Kekra-1 well off the coast of Pakistan is ending drilling operations after no reserves of oil and gas were found, a spokesman for Oil and Gas Development Co Ltd, one of the Pakistani partners, said. "The oil exploration well will be plugged and abandoned," said Ahmed Lak, spokesman for state-owned OGDC, part of the group behind the exploration led by Italy's Eni SpA which included Exxon Mobile Corp and Pakistan Petroleum Ltd. No comment was immediately available from Eni, which has operated the exploration licence under a deal signed in 2012.
“This withdrawal may send the wrong message about the situation in Iraq, and that’s something we reject,” Iraq’s Oil Minister Thamir Ghadhban said in a statement on Saturday. The minister sent a letter to Exxon officials seeking clarification about the decision and asking that the workers return to Iraq.
Exxon Mobil's decision to evacuate its foreign staff from the West Qurna 1 oilfield in southern Iraq on Saturday was "unacceptable and unjustified", Iraq's Oil Minister Thamer Ghadhban said on Sunday. "The withdrawal of multiple employees - despite their small number - temporarily has nothing to do with the security situation or threats in the oilfields in of southern Iraq, but it's for political reasons," Ghadhban said in a statement. Exxon Mobil, which has a long term contract to improve the oilfield on behalf of Iraq's state South Oil Company, withdrew all foreign staff, around 60 people, Iraqi officials have said.
DUBAI, United Arab Emirates (AP) — The Latest on developments in the Persian Gulf region and elsewhere in the Mideast amid heightened tensions between the U.S. and Iran (all times local):
BASRA, Iraq/DUBAI (Reuters) - Exxon Mobil has evacuated all of its foreign staff, around 60 people, from Iraq's West Qurna 1 oilfield and is flying them out to Dubai, a senior Iraqi official and three other sources told Reuters on Saturday. The evacuation came just days after the United States withdrew non-essential staff from its embassy in Baghdad, citing a threat from neighboring Iran, which has close ties to Iraqi Shi'ite militia. Production at the oilfield was not affected by the evacuation and work is continuing normally, overseen by Iraqi engineers, said the chief of Iraq's state-owned South Oil Company which owns the oil field, Ihsan Abdul Jabbar.
BASRA, Iraq (Reuters) - Iraq's oil exports from its southern ports have reached 3.5 million barrels a day (bpd) crude oil as of Saturday, South Oil Company chief Ihsan Abdul Jabbar told Reuters. Exxon ...
Chevron just made a big acquisition attempt that didn't pan out, but Exxon is confident that it doesn't need to go down a similar path.
Crude inventories jumped by 5.4 million barrels in the week to May 10, compared with analyst expectations for a decrease of 1.4 million barrels, the EIA said in its report.
ExxonMobil today said a new study estimates the company’s development of Permian Basin resources in New Mexico will generate approximately $64 billion in net economic benefits for the state and local communities over the next 40 years, creating thousands of new jobs and providing increased funding for education, health and human services and infrastructure improvements. “The Permian Basin is the engine of America’s energy renaissance and New Mexico residents will see direct economic benefits and opportunities from our planned investments,” said Darren W. Woods, chairman and chief executive officer of Exxon Mobil Corporation.