|Bid||0.00 x 800|
|Ask||0.00 x 800|
|Day's Range||120.06 - 123.70|
|52 Week Range||84.91 - 131.83|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||10.59|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Exxon Mobil Corp has made a new discovery at Whiptail in the Stabroek Block offshore Guyana, the U.S. oil major said on Wednesday, as it develops one of the world's most important new oil and gas blocks in the last decade. The company operates the 6.6-million-acre Stabroek Block as part of a consortium that includes Hess Corp and China's CNOOC Ltd. It began production at the block in 2019. Exxon said on Wednesday the new find would add to the previous recoverable resource estimate of 9 billion oil equivalent barrels.
A strategic gas since the Cold War, helium is now the driver of our race to dominate technology and space, and we’re almost out of it
When the first gas from CNOOC Ltd's new ultra-deep field in the South China Sea started flowing in late June to the world's largest customised floating platform 1,500 meters above the sea bed, it marked a key phase in China's gas drive. For CNOOC, the output from one of Asia's deepest gas fields proved the company had the engineering chops to complete its first wholly-owned project on schedule and make significant strides towards its target of gas making up half its output portfolio by 2035, from 21% currently. For China, the tapping of major gas reserves within its own waters supported its plan to use natural gas as a 'bridge fuel' that will help the country meet its goal of capping carbon emissions by 2030 while phasing out dirtier coal.