Exxon Mobil Corp
NYSE: XOM
$124.83
+$2.25 (+1.8%)
Closing Price on October 4, 2024
XOM Articles
The theory that the recession would mitigate the price of oil had all the trappings of being true. Consumption in the US, UK, EU, and Japan happen to be down substantially. Industrial production has...
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Shell is the largest oil company in Europe and one of the biggest in the world. Its assessment of the industry and the direction of the price of oil is probably as accurate as any. The firm sees...
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The big news this morning is a restructuring at Royal Dutch Shell plc (NYSE:RDS.A) as the oil major welcomes a new chief executive on July 1st. The company is dividing its business geographically,...
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China Petroleum (PTR) is buying 45.5% of Singapore Petroleum for just over $1 billion and will probably move to purchase the balance of the company. China recently proposed a deal to lend $10 billion...
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Reuters: Magna and Fiat improved bids for Opel as competition for the firm rose. Reuters: The air cargo market, a key global indicator, has probably bottomed. Reuters: Banks are coming up...
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The $10 billion loan from the China Development Bank to Brazil’s Petroleo Brasiliero SA, known as Petrobras (NYSE: PBR), has been finalized. This deal has been in our pending file since late...
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Japan’s Nikkei newspaper has reported that Exxon Mobil Corporation (NYSE:XOM) has reach an agreement to sell about 1.5 billion cubic meters/year of natural gas from the Sakhalin-1 project to...
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Chevron Corporation (NYSE:CVX) reported EPS for the first quarter of 2009 of $0.92, down 64% from EPS of $2.48 for the same period a year ago, but better than consensus estimates of $0.81. Revenues...
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According to Reuters, lenders will object to the Chrysler Chapter 11 filing. Reuters reports that Switzerland is asking US a court to halt a case against UBS (UBS). Reuters reports that SMFG will...
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Exxon Mobil Corp. (XOM) got to see exactly what the impact of lower oil prices does to the top-line. The company posted earnings of $0.92 EPS, which is down from $2.02 a year ago. To show the net...
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The Fortune 500, which has become one of the most useless exercises in business journalism, has been released again. It covers company financials for the year 2008. In this annual edition, Exxon...
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According to Reuters, PepsiCo (PEP) is offering $6 billion for a number of its bottlers. Reuters reports that GlaxoSmthKline (GSK) is in talks to buy Stiefel Laboratories. Reuters writes that the US...
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These are some of the analyst calls we have seen up and down in the oil patch this Tuesday morning: Mariner Energy (ME) Started as Buy at Jefferies. BP (BP) Cut to Perform at Oppenheimer. Chevron...
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There has been a never-ending battle between rapidly changing energy prices and the effect on margins at refineries. Since the beginning of the year, the best-performing crude oil refiner has been...
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Exxon Mobil Corporation (NYSE:XOM) has reportedly received approval from the Russian government for its proposed budget for the Sakhalin-I project. Exxon owns 30% of the joint venture that is...
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