|Bid||0.00 x 2900|
|Ask||0.00 x 800|
|Day's Range||82.56 - 83.75|
|52 Week Range||72.16 - 89.30|
|PE Ratio (TTM)||17.47|
|Forward Dividend & Yield||3.28 (3.96%)|
|1y Target Est||N/A|
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.
WallStEquities.com redirects investors' attention to the Integrated Oil and Gas space, which engages in the exploration, production, refinement, and distribution of oil and gas. Under observation this morning are four major industry players, and they are: Aegean Marine Petroleum Network Inc. (NYSE: ANW), Ecopetrol S.A. (NYSE: EC), Exxon Mobil Corp. (NYSE: XOM), and MagneGas Corp. (NASDAQ: MNGA).
Mozambique Rovuma Venture has submitted the development plan to the government for the first phase of the Rovuma LNG project, which will produce, liquefy and market natural gas from the Mamba fields located in the Area 4 block offshore Mozambique. The plan details the proposed design and construction of two liquefied natural gas trains which will each produce 7.6 million tons of LNG per year. ExxonMobil will lead construction and operation of natural gas liquefaction and related facilities on behalf of the joint venture, and Eni will lead construction and operation of upstream facilities.
ExxonMobil Foundation said today that it will contribute US$10 million to a new collaboration with Conservation International and the University of Guyana to train Guyanese for sustainable job opportunities and to expand community-supported conservation.
ExxonMobil has completed the acquisition of PT Federal Karyatama (FKT), one of Indonesia’s largest manufacturers and marketers of motorcycle lubricants, from PT Mitra Pinasthika Mustika Tbk. The acquisition, first announced in April, includes the Federal Oil brand and a 700,000 barrel per year blending plant in Cilegon, Indonesia. The acquisition of FKT and its distribution network, which is supported by about 40 dealers, 3,200 Federal Oil centers and more than 10,000 retailers in Indonesia, strengthens ExxonMobil’s position in a key growth market and will contribute to building the Mobil lubricant brand in Indonesia.
ExxonMobil and Eni said today that marketing efforts are underway for the Rovuma LNG project, which will produce, liquefy and sell natural gas from the gas fields of the Area 4 block offshore Mozambique. Senior management representatives of the co-venture parties (ExxonMobil, Eni, CNODC, ENH, Kogas and Galp) met today during World Gas Conference in Washington, D.C. to affirm marketing progress. “The key strength of Area 4 is the quality of the co-venture partnership,” said Massimo Mantovani, Eni chief gas and LNG marketing and power officer.
HOUSTON, June 26, 2018-- The Petroleum Industry Data Exchange, Inc. announced today that ExxonMobil has joined the organization as a member. As a member of PIDX, ExxonMobil will now be able to help drive ...
ExxonMobil subsidiary XTO Energy Inc. today said it has reduced methane emissions from its operations by 9 percent since 2016, demonstrating significant progress in its methane emissions reduction program and other initiatives. Of that amount, a reduction of close to 4 percent, or more than 7,200 metric tons of methane, was achieved through XTO’s voluntary program and other operational improvements, XTO President Sara Ortwein said at the World Gas Conference in Washington, D.C. Across ExxonMobil operations, the reduction equates to a 2 percent reduction. Through its continued efforts, XTO will contribute to ExxonMobil’s measures to reduce methane emissions across its worldwide operations by 15 percent by 2020.
ExxonMobil said today it has started production of hydrogenated hydrocarbon resin and halobutyl rubber at its integrated manufacturing complex in Singapore, the company’s largest integrated refining and petrochemical complex in the world. “These new plants enhance the competitiveness and strategic importance of ExxonMobil’s integrated manufacturing facility in Singapore, and are part of the company’s long-term plan for advantaged investments around the world,” said John Verity, president of the ExxonMobil Chemical Company. ExxonMobil’s new EscorezTM hydrogenated hydrocarbon resins plant will be the world’s largest with a capacity of 90,000 tonnes per year, and will meet long-term demand growth for hot-melt adhesives used in packaging or baby diapers.
Exxon Mobil Corporation (XOM) said today it made its eighth oil discovery offshore Guyana at the Longtail-1 well, creating the potential for additional resource development in the southeast area of the Stabroek Block. ExxonMobil encountered approximately 256 feet (78 meters) of high-quality, oil-bearing sandstone reservoir. The Stena Carron drillship commenced drilling on May 25, 2018.
The Liza Phase 1 development continues to rapidly progress, with the commencement of development drilling offshore Guyana, ExxonMobil said today. Development drilling began in May for the first of 17 wells planned for Phase 1, laying the foundation for production startup in 2020. The company and its co-venturers have so far discovered estimated recoverable resources of more than 3.2 billion oil-equivalent barrels on the Stabroek Block.
LONDON, UK / ACCESSWIRE / June 12, 2018 / If you want access to our free research report on Rowan Cos. PLC (NYSE: RDC), all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=RDC as the Company’s latest news hit the wire. On June 07, 2018, the Company, which is an industry-leading, global drilling contractor, announced that one of its R-Class drillships, Rowan Relentless, has been awarded a contract by ExxonMobil Corp. (NYSE: XOM) to drill a prospect in the US Gulf of Mexico.
Exxon Mobil Corporation (XOM) said today that Malcolm Farrant, vice president of human resources, has elected to retire after 35 years of service. The board of directors has elected Tracey Gunnlaugsson, president of SeaRiver Maritime Inc., as vice president of human resources, effective August 1, 2018. Farrant, a native of the U.K., joined Mobil Corporation in 1983 after receiving a bachelor’s degree in chemistry from Nottingham University.
Michael J. Dolan, senior vice president of Exxon Mobil Corporation (XOM), has announced his intention to retire, effective Aug. 1, 2018, after 38 years of service. Dolan was elected to his current position as senior vice president and a member of the corporation's Management Committee in 2008. Dolan held a variety of technical and managerial positions in the company’s global petroleum refining and petrochemical businesses throughout his career.
ExxonMobil has increased its holdings in Brazil’s pre-salt basins after winning the Uirapuru exploration block with co-venturers Equinor and Petrogal Brasil during Brazil’s 4th pre-salt bid round. The block awarded adds about 88,900 net acres to the ExxonMobil portfolio, expanding the company’s total position in the country to more than 2.2 million net acres. “Uirapuru is a uniquely valuable block that represents tremendous opportunity for us,” said Steve Greenlee, president of ExxonMobil Exploration Company.
ExxonMobil said today it has completed the purchase of half of Equinor’s interest in the BM-S-8 block offshore Brazil, which contains part of the 2-billion-barrel, pre-salt Carcara oil field. “The Carcara oil field is an excellent example of the quality resources to be found offshore Brazil,” said Brad Corson, president of ExxonMobil Upstream Ventures. ExxonMobil and its co-venturers are advancing development activities, including concept selection and finalizing all remaining commercial agreements.
Exxon Mobil Corporation (XOM) said today that Jeff Woodbury, vice president of investor relations and secretary, has elected to retire after 35 years of service. The board of directors has elected Neil Hansen, downstream controller, as vice president of investor relations and secretary, effective July 1. Woodbury joined Exxon Company USA in 1983 and has held various managerial positions, including engineering, production, operations and development.
On Thursday, May 31, 2018, the NASDAQ Composite, the Dow Jones Industrial Average, and the S&P 500 edged lower at the closing bell. Eight out of nine sectors ended Thursday's trading session in bearish territories. Taking into consideration yesterday's market sentiment, WallStEquities.com assessed the following Major Integrated Oil & Gas equities this morning: Aegean Marine Petroleum Network Inc. (NYSE: ANW), Ecopetrol S.A. (NYSE: EC), Exxon Mobil Corp. (NYSE: XOM), and MagneGas Corp. (NASDAQ: MNGA).
ExxonMobil plans to more than double earnings potential by 2025 while addressing the risks of climate change through continued research into breakthrough lower-carbon technologies, Chairman and Chief Executive Officer Darren Woods told shareholders during the company’s annual meeting today. Meeting the world’s growing energy needs will require trillions of dollars in new investment across industry, even under a scenario to limit the global increase in temperature to 2 degrees Celsius, Woods said. The company will continue to focus on investments that take advantage of its technology leadership, integrated businesses and highly skilled employees.
ExxonMobil today announced greenhouse gas reduction measures that are expected to lead to significant improvements in emissions performance by 2020, including a 15 percent decrease in methane emissions and a 25 percent reduction in flaring. The company also announced its intention to improve its industry-leading energy efficiency in refining and chemical manufacturing facilities. ExxonMobil invests in lower-emission energy solutions such as cogeneration, flare reduction, energy efficiency, biofuels, carbon capture and storage and other technologies.
ExxonMobil and its employees, including XTO staff, contributed more than $2.8 million to 63 institutions of higher education across Pennsylvania as part of the ExxonMobil Foundation’s 2017 Educational Matching Gift Program. ExxonMobil and XTO employees, retirees, directors and surviving spouses contributed more than $728,000 to 63 Pennsylvania colleges and universities, which was matched by almost $2.1 million in unrestricted grants from the ExxonMobil Foundation.
ExxonMobil and its employees contributed almost $3.3 million to 81 institutions of higher education across New York as part of the ExxonMobil Foundation’s 2017 Educational Matching Gift Program. ExxonMobil employees, retirees, directors and surviving spouses contributed more than $1 million to 81 New York colleges and universities, which was matched by more than $2.2 million in unrestricted grants from the ExxonMobil Foundation. Although grants are unrestricted, colleges and universities are encouraged to designate a portion to math and science programs supporting student engagement.
ExxonMobil and its employees contributed more than $170,000 to institutions of 6 higher education across New Mexico as part of the ExxonMobil Foundation’s 2017 Educational Matching Gift Program. ExxonMobil employees, retirees, directors and surviving spouses contributed more than $42,700 to 6 New Mexico colleges and universities, which was matched by more than $128,000 in unrestricted grants from the ExxonMobil Foundation. Although grants are unrestricted, colleges and universities are encouraged to designate a portion to math and science programs supporting student engagement.
ExxonMobil and its employees contributed more than $1.3 million to 36 institutions of higher education across Illinois as part of the ExxonMobil Foundation’s 2017 Educational Matching Gift Program. ExxonMobil employees, retirees, directors and surviving spouses contributed more than $357,000 to 36 Illinois colleges and universities, which was matched by more than $942,000 in unrestricted grants from the ExxonMobil Foundation.
ExxonMobil and its employees contributed more than $1.1 million to 32 institutions of higher education across New Jersey as part of the ExxonMobil Foundation’s 2017 Educational Matching Gift Program. ExxonMobil employees, retirees, directors and surviving spouses contributed more than $293,000 to 32 New Jersey colleges and universities, which was matched by more than $867,000 in unrestricted grants from the ExxonMobil Foundation. Although grants are unrestricted, colleges and universities are encouraged to designate a portion to math and science programs supporting student engagement.