|Day's Range||81.93 - 82.33|
|52 Week Range||80.30 - 95.55|
|PE Ratio (TTM)||34.33|
|Dividend & Yield||3.08 (3.76%)|
|1y Target Est||N/A|
Exxon Mobil Corp. (XOM), which has a major presence in Houston, recently announced the completion of one Gulf Coast project and an agreement to take the next step for another. ExxonMobil Chemical Co. announced May 22 that two new high-performance polyethylene lines at its plastics plant in Mont Belvieu were mechanically complete. The lines will process ethylene feedstock from Exxon’s new steam cracker currently under construction at the Baytown complex.
Not all of them, however, are investment worthy, writes Nigam Arora.
ExxonMobil Corporation???s (XOM) affiliates and SABIC recently inked an agreement to carry out a comprehensive study of the planned Gulf Coast Growth Ventures project in Texas.