XOM - Exxon Mobil Corporation
| Previous Close | 81.85 |
| Open | 81.66 |
| Bid | 82.32 x 800 |
| Ask | 82.33 x 800 |
| Day's Range | 81.51 - 82.46 |
| 52 Week Range | 72.16 - 89.30 |
| Volume | 3,710,661 |
| Avg. Volume | 10,994,940 |
| Market Cap | 348.358B |
| Beta (3Y Monthly) | 0.81 |
| PE Ratio (TTM) | 16.77 |
| EPS (TTM) | 4.91 |
| Earnings Date | Nov 2, 2018 |
| Forward Dividend & Yield | 3.28 (4.02%) |
| Ex-Dividend Date | 2018-08-10 |
| 1y Target Est | 89.69 |
Bloomberg•2 hours agoOil Set for Weekly Loss as Supplies Allay Saudi Arabia Tensions
Futures have lost 3 percent in New York this week. Saudi Arabia -- the world’s biggest oil exporter -- issued a veiled threat about using its position as a major crude supplier if the kingdom is punished for the disappearance of critic Jamal Khashoggi. Concern receded further as U.S. government data showed crude inventories grew last week by more than double the level analysts forecast.
- Market Realist•3 hours ago
China’s Slowing Growth Rate Will Likely Hit Oil Prices
In the third quarter, China’s GDP grew 6.5% on a YoY (year-over year) basis—the weakest pace since 2009. A Reuters poll indicated that the growth rate would cool at 6.6%. The ongoing trade war with the US will likely weaken China’s growth rate.
Bloomberg•11 hours agoExxon Exploration Chief Eyes Africa for Elephant Oil Find
The oil supermajor “really loaded” its exploration portfolio recently by purchasing large positions in Ghana, Mauritania, South Africa and Namibia, as well as Cyprus and Malaysia as rivals pulled back, Stephen Greenlee, Exxon’s president of exploration, said in an interview in Houston. Exxon’s buying spree targeted drilling concessions and seismic surveys, which are maps of the rock beneath the seabed that can indicate probable crude deposits. “We’re acquiring large amounts of seismic data with the idea that in the future one or two of those are going to turn out to be the next Guyana,” he said.
- Reuters•12 hours ago
China's Sinopec in talks for more Papua New Guinea LNG ahead of winter demand surge -sources
Unipec Asia, the trading arm of Chinese oil major Sinopec , is in talks to buy more liquefied natural gas (LNG) from the Exxon Mobil Corp-operated Papua New Guinea (PNG) project, five industry sources told Reuters. If agree, a supply deal would likely start ahead of an expected surge in China's demand this winter and it will be for about three years, two of the sources briefed on the matter said. The exact volumes under discussion were not immediately clear but project holder Oil Search said in its half-yearly results statement in August that negotiations are ongoing to contract the project's final batch of mid-term supply totalling 0.45 million tonnes per annum (mmtpa).
- Reuters•13 hours ago
China's Sinopec in talks to lock in more Papua New Guinea LNG - sources
Unipec Asia, the trading arm of Chinese oil major Sinopec , is in talks to buy more liquefied natural gas (LNG) from the Exxon Mobil Corp-operated Papua New Guinea project, five industry sources told Reuters. The Papua New Guinea project has a total contracted volume of 7.5 mmtpa so far, according to Oil Search. The project has signed mid-term LNG sale and purchase agreements with PetroChina and oil major BP, and has sold 6.6 mmtpa under long-term contracts to Japanese trading giant JERA, Osaka Gas, Sinopec and Taiwan's CPC Corp.
- Rigzone.com•15 hours ago
Russia Is Said to Offer Exxon New Projects
Russia is said to offer ExxonMobil new projects as U.S. sanctions loom.
- Zacks•18 hours ago
Exxon Mobil (XOM) Gains As Market Dips: What You Should Know
Exxon Mobil (XOM) closed at $81.85 in the latest trading session, marking a +0.43% move from the prior day.
- Bloomberg•19 hours ago
Oil Falls to One-Month Low After U.S. Crude Stockpiles Surge
Futures fell 1.6 percent in New York. U.S. inventories rose 6.49 million barrels last week, according to government data released Wednesday, more than twice the amount forecast in a Bloomberg survey.
- Market Realist•22 hours ago
Total: Analyzing the Stock Performance
Since September 14, Total (TOT) stock has fallen. In this part, we’ll compare Total’s stock returns to the SPDR S&P 500 ETF (SPY), which closely resembles the S&P 500 Index, and WTI, which represents the benchmark crude oil.
- Market Realist•yesterday
How Will Total’s Segmental Earnings Fare?
Before we proceed with Total’s (TOT) third-quarter segmental earnings outlook, let’s discuss the company’s segmental performance in the second quarter. Total’s overall operating earnings rose from $2.8 billion in the second quarter of 2017 to $4.2 billion in the second quarter.
Bloomberg•yesterdayExxon Makes Major Bet on Brazil as Petrobras Eases Its Grip
The last 24 concessions the U.S. giant bought with its partners may hold 41 billion barrels, based on preliminary studies, according to Eliane Petersohn, a superintendent at Brazil’s National Petroleum Agency, or ANP. While the existence of the oil still needs to be confirmed, along with whether its extraction will be cost-effective, it’s a huge figure -- almost double Exxon’s current reserves. “When you do the cumulative effect of all of those multibillion-barrel targets, then you come up with quite a material resource out there that has the capability to produce at very large volumes,” Stephen Greenlee, Exxon’s president of exploration, said in an interview in Houston on Wednesday.
- Market Realist•yesterday
Total: What to Expect from Its Third-Quarter Results
Total (TOT) is scheduled to announce its third-quarter results on October 26. Before we proceed with the third-quarter estimates, let’s recap Total’s second-quarter performance versus the estimates.
- Zacks•yesterday
The Zacks Analyst Blog Highlights: TOTAL, Royal Dutch, Equinor, BP and Exxon
The Zacks Analyst Blog Highlights: TOTAL, Royal Dutch, Equinor, BP and Exxon
- Reuters•yesterday
FOCUS-Exxon Mobil bets big on China LNG, sidesteps trade war
HOUSTON/SINGAPORE, Oct 17 (Reuters) - In the middle of a Sino-U.S. trade war, the world's largest publicly traded oil and gas company is turning toward Beijing for business at a time when most of Corporate America is looking elsewhere to avoid the threat of tariffs. Exxon Mobil Corp is placing big bets on China's soaring liquefied natural gas (LNG) demand, coupling multi-billion dollar production projects around the world with its first mainland storage and distribution outlet. Its gas strategy is moving on two tracks: expanding output of the super-cooled gas in places such as Papua New Guinea and Mozambique, and creating demand for those supplies in China by opening Exxon's first import and storage hub, according to an Exxon manager and people briefed on the company's plans.
- Market Exclusive•yesterday
Market Morning: China, Yuan Crushed; Fed Minutes Sparse, HIV Meets Match, Exxon Wants China
Futures Down Again, China Hits 4-year lows, Yuan Throttled, Treasuries Back Above 3.2% US stock futures were down a bit but mostly subdued, while movement in Asia was a little wilder. China’ Shanghai Composite Index reached new 4 year lows today, down another 3% on the day as the Yuan (NYSEARCA:CYB) got perilously close to […] The post Market Morning: China, Yuan Crushed; Fed Minutes Sparse, HIV Meets Match, Exxon Wants China appeared first on Market Exclusive.
Reuters•yesterdayExxon Mobil signs framework agreement on LNG supply with Zhejiang Energy
Exxon Mobil Corp (XOM.N) has signed a framework agreement to supply liquefied natural gas to Zhejiang Provincial Energy Group, a senior executive said on Thursday, marking Zhejiang Energy's first long-term supply deal. Peter Clarke, president of Exxon Mobil gas and power marketing, was speaking at the International Petroleum and Natural Gas Enterprise conference at Zhoushan, near Shanghai. Exxon Mobil is stepping up its efforts to meet soaring LNG demand, coupling multi-billion dollar production projects around the world with its first mainland storage and distribution outlet.
- Reuters•yesterday
(OFFICIAL)-UPDATE 1-Exxon Mobil signs framework agreement on LNG supply with Zhejiang Energy
Exxon Mobil Corp has signed a framework agreement to supply liquefied natural gas to Zhejiang Provincial Energy Group, a senior executive said on Thursday, marking Zhejiang Energy's first long-term supply deal. Peter Clarke, president of Exxon Mobil gas and power marketing, was speaking at the International Petroleum and Natural Gas Enterprise conference at Zhoushan, near Shanghai. Exxon Mobil is stepping up its efforts to meet soaring LNG demand, coupling multi-billion dollar production projects around the world with its first mainland storage and distribution outlet.
- Reuters•yesterday
Exxon Mobil signs framework agreement to supply LNG to Zhejiang Energy for 20 years
Exxon Mobil Corp said on Thursday it signed a framework agreement for a liquefied natural gas (LNG) supply deal with Zhejiang Provincial Energy Group, the Chinese company's first long-term supply deal. Peter Clarke, the president of Exxon Mobil gas and power marketing, inked the 20-year supply deal in a signing ceremony during the International Petroleum and Natural Gas Enterprise conference at Zhoushan, in Zhejiang province, the company said in a statement. The Chinese company will receive 1 million tonnes of LNG per year from Exxon Mobil under the agreement, Zhejiang Energy President Tong Yahui told Reuters on the sidelines of the event.
- Reuters•yesterday
Exxon Mobil bets big on China LNG, sidesteps trade war
HOUSTON/SINGAPORE (Reuters) - In the middle of a Sino-U.S. trade war, the world's largest publicly traded oil and gas company is turning toward Beijing for business at a time when most of Corporate America is looking elsewhere to avoid the threat of tariffs. Exxon Mobil Corp is placing big bets on China's soaring liquefied natural gas (LNG) demand, coupling multi-billion dollar production projects around the world with its first mainland storage and distribution outlet. Its gas strategy is moving on two tracks: expanding output of the super-cooled gas in places such as Papua New Guinea and Mozambique, and creating demand for those supplies in China by opening Exxon's first import and storage hub, according to an Exxon manager and people briefed on the company's plans.
- Reuters•yesterday
Exxon Mobil looks to sign LNG supply deal with Zhejiang Energy - executive
Exxon Mobil Corp is looking to sign a long-term liquefied natural gas supply deal with Zhejiang Provincial Energy Group, a senior executive said on Thursday, which would be Zhejiang Energy's first long-term ...
- Reuters•2 days ago
Story on Zhoushan in talks with Exxon Mobil on ethylene plant withdrawn
The story headlined 'China's Zhoushan city woos Exxon Mobil for a $7 bln ethylene plant' is withdrawn. The provincial government has withdrawn its original statement issued on Wednesday because it was ...
- Reuters•2 days ago
Story on Zhoushan in talks with Exxon Mobil on ethylene plant withdrawn
(Reuters) - The story headlined 'China's Zhoushan city woos Exxon Mobil for a $7 bln ethylene plant' is withdrawn. The provincial government has withdrawn its original statement issued on Wednesday because ...
- Rigzone.com•2 days ago
Exxon Exploration Chief Eyes Africa for Next Elephant Oil Find
ExxonMobil is targeting western and southern Africa for the world's next big oil bonanza.
- Oilprice.com•2 days ago
U.S. And Europe Divided On The Future Of Oil
Oil majors in Europe and the U.S. appear to hold very different views when it comes to the future of oil and the speed of the next energy revolution
- InvestorPlace•2 days ago
5 Stocks to Max Out Your Retirement Income
According to research from Exxon Mobil (NYSE:XOM), energy demand is expected to increase by 25% during the next 22 years. The biggest source of the growth will come from the emerging markets. XOM stock also plans to increase its capital spending in the coming years to capitalize on the growth opportunities.
