Exxon Mobil Corp

NYSE: XOM
$122.57
+$1.05 (+0.9%)
Closing Price on October 3, 2024

XOM Articles

Apple Inc. (NASDAQ: AAPL) has one more bit of evidence that it is acting as if it was its own stock index.  Its exceptional share performance is worth a substantial portion of the overall broad...
In a “we versus them” speech today, President Obama again called for the end of subsidies for oil and gas companies.  His speech talked about the global opportunities that the big oil companies...
Europe moved closer to raising the value of all of its bailout funds to a total of $1.3 trillion. Many economists believe that sum will calm the global capital markets. Worry remains that the...
Exxon Mobil (NYSE: XOM) is no longer the world’s largest corporate producer of oil. That distinction has gone to PetroChina (NYSE: PTR). Reuters reports that “PetroChina announced Thursday that...
Markets opened sharply this morning and remained in negative territory all day. Purchasing managers’ indexes in the eurozone and in China came in lower than expected this morning, weighing European...
In an interview with the Financial Times, Vagit Alekperov, CEO of Lukoil said that Russia’s policy of retaining all its rights to offshore development of what are believed to be vast reserves of...
Exxon Mobil Corp. (NYSE: XOM) has stopped work in one location on its $15.7 billion liquefied natural gas (LNG) plant in Papua New Guinea. The stoppage is the result of another dispute with...
Jon Ogg2012 has been a great year for stocks. We have recently seen the NASDAQ return to 3,000 for the first time in a decade.  The S&P 500 Index has also now reached 1,400 again for the first...
The proposed 1,700-mile Keystone XL pipeline will not make the US more energy independent nor will it lower gasoline prices. If anything, the pipeline from western Canada’s oil sands to the US Gulf...
This morning’s report from the US Energy Information Administration (our coverage here) showed that commercial crude oil inventories in the US rose by 4.2 million barrels last week. At the same...
With West Texas Intermediate Crude challenging $105 per barrel now, it is time to start assessing the threat of $4.00 per gallon in gasoline.  The summer driving season is usually a threat to gas...