|Bid||81.86 x 4000|
|Ask||82.44 x 800|
|Day's Range||81.20 - 82.47|
|52 Week Range||72.16 - 89.30|
|Beta (3Y Monthly)||0.81|
|PE Ratio (TTM)||16.68|
|Forward Dividend & Yield||3.28 (4.02%)|
|1y Target Est||N/A|
ExxonMobil has increased its holdings in Brazil’s pre-salt basins after it won the Titã exploration block with co-venturer Qatar Petroleum during Brazil’s 5th pre-salt bid round. The block awarded added more than 71,500 net acres to the ExxonMobil portfolio, expanding the company’s total position in the country to approximately 2.3 million net acres.
ExxonMobil said today that a new unit at its integrated Beaumont, Texas facility has started operations, increasing production of ultra-low sulfur fuels by about 45,000 barrels per day. The new unit relies on a proprietary catalyst system developed by ExxonMobil to remove sulfur and meet U.S. Environmental Protection Agency specifications while minimizing octane loss. The addition of the new unit, ExxonMobil’s second major investment in Beaumont in less than two years, has supported more than 800 construction jobs.
ExxonMobil said today that it has signed a cooperation framework agreement with the Guangdong Provincial People’s Government to advance discussions concerning the proposed construction of a chemical complex in the Huizhou Dayawan Petrochemical Industrial Park. The new facility would help meet expected demand growth for chemical products in China. The multibillion-dollar project, which remains subject to a final investment decision, would include a 1.2 million-tons-per-year ethylene flexible feed steam cracker, two performance polyethylene lines and two differentiated performance polypropylene lines.
IRVING, Texas-- -- Hammerhead-1 well encounters 197 feet of high-quality, oil-bearing sandstone Discovery adds to estimated resource of more than 4 billion barrels Maximum offshore value creation through rapid development and accelerated exploration ExxonMobil has made its ninth discovery offshore Guyana at the Hammerhead-1 well, marking its fifth discovery on the Stabroek Block in the past year and ...
Kinder Morgan Texas Pipeline LLC (KMTP), a subsidiary of Kinder Morgan, Inc. (KMI), EagleClaw Midstream Ventures, LLC (EagleClaw), a portfolio company of Blackstone Energy Partners, and Apache Corporation (NYSE, NASDAQ: APA) today announced that Exxon Mobil Corporation (XOM) has signed a letter of intent to support the proposed Permian Highway Pipeline Project (PHP Project). Under the letter of intent, ExxonMobil subsidiary XTO Energy may contract for up to 450,000 dekatherms per day (Dth/d) of capacity on the pipeline.
IRVING, Texas-- -- Project milestones increasing confidence in long-term growth plans Permian and Bakken production up 30 percent from same quarter last year Eighth discovery offshore Guyana; acquires new interest and acreage in Brazil Exxon Mobil Corporation : First Second Quarter Quarter First Half 2018 2017 % 2018 % 2018 2017 % Earnings Summary Earnings 3,950 3,350 18 4,650 -15 8,600 ...
NEW YORK, NY / ACCESSWIRE / July 27, 2018 / Exxon Mobil Corporation (NYSE: XOM ) will be discussing their earnings results in their Q2 Earnings Call to be held on July 27, 2018 at 9:30 AM Eastern Time. ...
ExxonMobil said today that operations have commenced at its new 1.5 million ton-per-year ethane cracker at the company’s integrated Baytown chemical and refining complex. The new cracker, part of ExxonMobil’s Growing the Gulf initiative, will provide ethylene feedstock to new performance polyethylene lines at the company’s Mont Belvieu plastics plant, which began production in the fall of 2017. The Mont Belvieu plant is one of the largest polyethylene plants in the world, with manufacturing capacity of about 1.3 million tons per year.
The Board of Directors of Exxon Mobil Corporation today declared a cash dividend of $0.82 cents per share on the Common Stock, payable on September 10, 2018 to shareholders of record of Common Stock at the close of business on August 13, 2018.
Exxon Mobil Corporation will release second quarter 2018 financial results on Friday, July 27, 2018. A press release will be issued via Business Wire and available at 7 a.m.
ExxonMobil said today it has increased its estimate of the discovered recoverable resources for the Stabroek Block offshore Guyana to more than 4 billion oil-equivalent barrels and has advanced its evaluation to support a third phase of development and consideration of two additional phases. The increase follows completion of testing at the Liza-5 appraisal well, a discovery at Ranger, incorporation of the eighth discovery, Longtail, into the Turbot area evaluation and completion of the Pacora discovery evaluation. The previous recoverable resource estimate was 3.2 billion oil-equivalent barrels.
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.
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.