|Bid||81.2700 x 500|
|Ask||81.2800 x 600|
|Day's Range||80.9000 - 81.4900|
|52 Week Range||79.2600 - 94.2900|
|PE Ratio (TTM)||33.76|
|Dividend & Yield||3.08 (3.82%)|
|1y Target Est||N/A|
The U.S. Treasury Department on Thursday said it was fining global oil company Exxon Mobil Corp $2 million for violating sanctions on Russia in May 2014. The heads of the company's U.S. subsidiaries signed eight documents between May 14 and May 23, 2014 with Igor Sechin, the head of Russia's largest oil producer, Rosneft, Treasury's Office of Foreign Assets Control said in a statement on its website. Sechin had been blacklisted by the United States just weeks earlier.
The U.S. government slapped ExxonMobil (XOM) with a $2 million fine for failing to disclose energy projects with a Russian executive subject to economic sanctions. Exxon, which had sought a waiver for a Black Sea oil project with Russian-government controlled Rosneft, said the U.S. government action is "fundamentally unfair" and is an attempt to "retroactively enforce a new interpretation of an executive order that is inconsistent with the explicit and unambiguous guidance from the White House and Treasury ..." According to an emailed press release from the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC), ExxonMobil and U.S. subsidiaries ExxonMobil Development Co. and ExxonMobil Oil Corp. violated Ukraine-related sanctions regulations in May 2014.
Exxon Mobil was fined $2 million by the Treasury Department for violating Ukraine-related sanctions - when the company's CEO was Rex Tillerson, now the U.S. secretary of state. The Office of Foreign Assets ...