|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||75.95 - 77.62|
|52 Week Range||73.90 - 89.30|
|PE Ratio (TTM)||16.75|
|Earnings Date||Apr 26, 2018 - Apr 30, 2018|
|Forward Dividend & Yield||3.08 (3.97%)|
|1y Target Est||87.19|
ExxonMobil Corp said it shut its Hides gas conditioning plant in Papua New Guinea after a powerful 7.5 magnitude earthquake hit the country's Southern Highlands province. "As a precaution, ExxonMobil PNG Limited has shut in its Hides Gas Conditioning Plant to assess any damages to its facilities," ExxonMobil's PNG spokeswoman said in an email to Reuters. Gas from Hides feeds ExxonMobil's PNG LNG (liquefied natural gas) plant, which has been exporting at a rate of more than 8 million tonnes a year.
NICOSIA, Cyprus (AP) — The European Union warned Turkey on Friday to rein in its navy after Turkish warships threatened and blocked a rig from reaching a site southeast of Cyprus where it was to drill for natural gas.
BHP Billiton Ltd and ExxonMobil Corp's Esso Australia said on Friday they have dropped a sale process started 20 months ago for some of Australia's oldest and largest oilfields. "BHP and Esso have reached a decision to not progress with the sale of some offshore assets owned by the Gippsland Basin Joint Venture," a BHP spokeswoman said in an email. The venture in Australia's Victoria state began operations in 1969, according to BHP's website.
Two of the world’s biggest energy producers have abandoned the sale of some of Australia’s oldest oil fields after running a 20-month sales process.
BHP Billiton Ltd and ExxonMobil Corp's Esso Australia drop a sale process started 20 months ago for some of Australia's oldest and largest oilfields.
Xact Kapitalförvaltning is a unit of Swedish bank Svenska Handelsbanken that manages index- and rule-based securities funds and alternative investment funds. Xact oversaw about $4.2 billion in U.S.-traded securities and the restrictive nature of the funds it manages exactly corresponds to the relatively small changes in equities holdings. Xact cut its investment in DowDuPont (DWDP) by more than a third and also sold a significant portion of its holdings in Alibaba Group Holding (BABA) in the fourth quarter.
The Zacks Analyst Blog Highlights: Occidental Petroleum, Williams Companies, Marathon Oil, BP and ExxonMobil
If you were looking for signs that the liquefied natural gas (LNG) merry-go-round is starting to spin a little faster, the announcement of a planned massive expansion in Papua New Guinea is ample evidence. Global majors Exxon Mobil and Total are considering plans to double LNG exports from Papua New Guinea to about 16 million tonnes per annum, their partner Oil Search said on Feb. 20. If approved, three new trains would be added to the existing Exxon-operated PNG LNG facility, with natural gas from Total's fields supplying two of the units and the third using existing fields and a new Exxon development.
Exxon Mobil Corp (XOM.N) is nearing final approval of a major expansion to its Beaumont, Texas, refinery that could make it the largest crude processing plant in the United States, according to three sources familiar with the company's deliberations. A go-ahead would signal Exxon's confidence in U.S. shale production and in global demand for gasoline and other fuels. Exxon continues to evaluate increasing its North American light crude refining, but has not made any decisions, spokeswoman Sarah Nordin said on Wednesday.
Even if Congress prevent's Trump's effort to slash energy research and development, the tepid level of federal support for energy R andD remains a "national travesty," said James Connaughton, chair of the White House Council on Environmental Quality for George W. Bush.
Energy biggies Occidental Petroleum (OXY), The Williams Companies (WMB) and Marathon Oil (MRO) came up with strong earnings reports.
Deere & Company’s (DE) Agriculture & Turf segment is its largest revenue generator. In the past four years, this is the first time that the segment’s first-quarter revenue has shown growth—a welcome sign for Deere. The segment’s revenue growth was primarily driven by higher shipment volumes.
These weak Dow components incurred technical damage in the recent correction and could offer profitable short sales into the second quarter.
Alan Valdes, director of floor operations at Silverbear Capital, joins Yahoo Finance's Seana Smith from the floor of the New York Stock Exchange to discuss the latest in the markets.