|Bid||70.294 x 10000|
|Ask||70.451 x 10000|
|Day's Range||69.621 - 70.236|
|52 Week Range||63.205 - 88.082|
|PE Ratio (TTM)||25.13|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
A handful of stocks have produced unimaginable wealth over the past 90 years. Here are three that are likely to be winners in the years ahead.
Houston-based midstream company Genesis Energy LP (GEL) is selling the crude oil terminal in Wink, Texas, to Exxon for an undisclosed amount. This latest deal comes after Genesis closed a $550M debt offering in August , the same month it announced it would buy Connecticut-based Tronox Ltd.’s (TROX) alkali chemicals business for $1.325 billion in cash .
The Mont Belvieu plant opened the first of two polyethylene lines that are part of a multi-billion-dollar expansion in the Baytown, Texas, area.
The threat last week of another tropical storm aimed at Gulf Coast refineries and Gulf production platforms cut crude oil supplies and slowed imports, exports, and refined products production.
There are a few surprises in reviewing the disclosed equity portfolio of ExxonMobil Investment Management. The ExxonMobil (XOM) unit invests in public equity markets in the U.S. on behalf of insurance-company accounts related to employee benefit plans, pension and profit-sharing plans, and pooled investment vehicles, according to S&P Capital IQ. The most interesting thing about its holdings may be that the most valuable individual investment is in Apple (AAPL), which was valued at $145.4 million as of Sept. 30.
ExxonMobil (XOM) has seen a rise in its short interest (as a percentage of outstanding shares) from 0.8% at the end of July to its current level of 0.9%.
The world’s biggest oil companies have defended their giant bets on natural gas at a major energy conference, saying demand will soon emerge for the huge supplies of fuel they are bringing to the market....
Exxon Mobil began production at a new petrochemical facility in Mont Belvieu, Texas, just two months after Hurricane Harvey pummeled the area.
Of the 26 analysts covering ExxonMobil (XOM) stock, eight (31%) have assigned a “buy” or “strong buy” rating, while 12 (46%) have assigned “hold” ratings.
The implied volatility of XOM stock has fallen from 14.5% on July 3, 2017, to 12.7%. During the same period, ExxonMobil stock has risen 0.4%.
On July 3, 2017, ExxonMobil’s 50-day moving average was below its 200-day moving average. Prior to that, the stock had been volatile in anticipation of its 2Q17 earnings.
The overall rise in WTI (West Texas Intermediate) prices since July 3 has likely led ExxonMobil stock to deliver a positive return.
ExxonMobil’s (XOM) Upstream earnings rose to ~$1.2 billion in 2Q17 from $294 million 2Q16 due to a year-over-year surge in crude oil prices in 2Q17.
ExxonMobil (XOM) is expected to post its 3Q17 results on October 27, 2017. In 2Q17, XOM’s revenues surpassed Wall Street's estimates by 2%.
This could indicate that investors who seek to profit from falling equity prices are not currently targeting XOM. Over the last one-month, outflows of investor capital in ETFs holding XOM totaled $11.09 billion.
U.S. oil major ExxonMobil officially opened its third cogeneration power plant in Singapore on Thursday on the site of its Jurong refinery, increasing its total cogeneration capacity in the city-state by nearly a quarter. The new 84 megawatt cogeneration plant - which produces both electricity and steam - will increase the energy efficiency of the refinery, the company said. Together with its two other plants, the Jurong site has combined power capacity of 440 megawatts.
Get Spiffy, the latest startup co-founded by serial entrepreneur Scot Wingo , has scored a new partner: Oil giant Exxon. Get Spiffy, an on-demand car wash app firm based in Research Triangle Park, will be expanding its oil change offering with Exxon’s Mobil 1 – but the development is bigger than just a new feature, Wingo says. Wingo is perhaps best known as the co-founder of ChannelAdvisor, the Morrisville-based e-commerce software company whose board he continues to chair.
Exxon Mobil Corp said on Tuesday it has resumed normal operations at its Julia and Hadrian South subsea production systems in the U.S. Gulf of Mexico after Hurricane Nate forced them to shutter last weekend. ...