|Bid||0.00 x 800|
|Ask||0.00 x 1000|
|Day's Range||76.01 - 78.20|
|52 Week Range||72.16 - 89.30|
|Beta (3Y Monthly)||0.68|
|PE Ratio (TTM)||13.98|
|Forward Dividend & Yield||3.28 (4.22%)|
|1y Target Est||N/A|
Matt Smith, director of commodity research at Clipper Data, joins the 'Squawk Box' team to break down the latest developments in the energy market.
Exxon Mobil Corp and the world's top miner BHP Billiton said on Thursday they approved development of the West Barracouta gas field in the Gippsland Basin in Australia, to bring fresh gas to Australian domestic markets. Exxon said the project, located off the shore of the state of Victoria, is part of its continuing investment in the Gippsland Basin, an area rich in oil and gas.
Exxon Mobil Corp has made a final investment decision to develop the West Barracouta gas field in the Bass Strait to bring new gas supplies to the Australian market, it said in a statement on Thursday. The project, located off the shore of the state of Victoria, is part of Exxon's continuing investment in the Gippsland Basin in Australia, an area rich in oil and gas, Exxon said.
U.S. supermajor Chevron continues to channel a significant portion of its upstream investment into the major capital-intensive Tengiz field in Kazakhstan
Tech stocks led the stock market rally Wednesday. Tesla stock regained a buy point while PayPal stock is nearing its own entry.
Dow Jones stock Caterpillar and Salesforce.com led stocks higher at Wednesday's open, as global markets rallied on a trade-fear lull.
Investing.com – U.S. futures pointed to a higher opening bell on Wednesday as trade optimism rose after upbeat comments from U.S. President Donald Trump.The S&P 500 futures rose 17 points or 0.67% to 2,658.88 as of 6:40 AM ET (11:40 GMT) while Dow futures gained 148 points, or 0.61%, to 24,572. Meanwhile tech heavy Nasdaq 100 futures increased 59 points, or 0.89%, to 6,776.75.Trump tweeted on Tuesday that talks with China were “very productive.” The two countries agreed to a trade truce in early December in order to discuss a trade deal. ...
Brent crude oil prices rose 1.6% to $61.15 a barrel and West Texas Intermediate Futures were up 1.8% at $52.56 a barrel, after weekly American Petroleum Institute figures released Tuesday revealed a larger-than-expected fall in U.S. inventories. Stocks in Europe built on Tuesday’s gains, with the pan-continental Stoxx Europe 600 index up 1.1% in midday trade, while the British pound edged up 0.5% but remained near its lowest level in 20 months. Lawmakers in the U.K.’s ruling Conservative party initiated a no-confidence vote against Mrs. May. On Monday, she postponed a parliamentary vote on her Brexit bill, which prompted a new volley of criticism over her handling of the country’s exit from the European Union.
Chevron (CVX) set its investment budget for 2019 at $20 billion, while Schlumberger (SLB) warned of weakness in the North American hydraulic fracturing market.
The Energy Select Sector SPDR (XLE) , the largest equity-based energy exchange traded fund, entered Monday with a fourth-quarter loss of about 12%, but some market observers believe the energy sector is poised to rebound. Last week, oil exchanged-traded funds (ETFs) gained after lengthy Organization of the Petroleum Exporting Countries (OPEC) discussions finally came to a conclusion, resulting in a larger-than-expected production cut that sent oil prices higher on Friday. OPEC and associated partners agreed to cut 1.2 million barrels per day with OPEC being responsible for 800,000 barrels.
Oil prices are in the process of reaching new cyclical highs in late 2019 and 2020, Molchanov said in a Tuesday note. Raymond James is now forecasting WTI prices of $75/bbl by the fourth quarter of 2019, and Molchanov said Exxon is not well-positioned for major swings in oil prices.
The Zacks Analyst Blog Highlights: Berkshire Hathaway, JPMorgan, Exxon Mobil, General Mills and Motorola
Dec 11 (Reuters) - Alam Maritim Resources Bhd: * ALAM MARITIM RESOURCES BHD - UNIT AWARDED CONTRACT BY EXXONMOBIL EXPLORATION & PRODUCTION MALAYSIA FOR PROVISION OF PAN MALAYSIA UNDERWATER SERVICES * ALAM ...
The stock market was off lows in afternoon trading Monday. Stocks today pressured in the Dow, included Exxon Mobil, JPMorgan and UnitedHealth.
The stock market continued its volatile ways as the key indexes turned mixed heading into the final hour of the regular trading session.
In the previous article, we reviewed ExxonMobil (XOM), which has the second-lowest earnings growth estimate of 34% for 2018. Now we’ll discuss the stock that’s expected to post the lowest earnings growth: Total (TOT). Total is a French integrated energy company with Exploration and Production, Gas, Renewables and Power, Refining and Chemicals, and Marketing and Services segments.
Lately, the rivalry for the title of the most valuable company is intensifying by the day. Apple (AAPL) has been holding that post since it eclipsed ExxonMobil (XOM) in 2011. Apple’s stock has fallen nearly 28% since October 3, when it peaked at $233.47.
In the previous article, we reviewed Royal Dutch Shell (RDS.A), which has the fourth-highest earnings growth estimate of 35% for 2018. Now let’s discuss the stock that’s expected to post the second-lowest earnings growth: ExxonMobil (XOM). ExxonMobil is an American integrated energy company with Upstream, Downstream, and Chemicals segments.
(Bloomberg Opinion) -- As stories about the energy transition go, Big Oil going big on solar power in the heart of America’s biggest oil patch is as transitiony as it gets. Besides the symbolism of Exxon Mobil Corp. signing up for 250 megawatts of solar power (plus the same amount of wind power) in the Permian basin, though, it is also part of a big change gathering momentum in the country’s biggest electricity market: Texas.