|Day Low/High||73.44 / 74.25|
|52 Wk Low/High||64.65 / 87.36|
Exxon shares traded lower Wednesday after the oil major told investors it would spend as much as $65 billion over the next two years to expand its production facilities and increase shareholder returns.
ExxonMobil today said it has updated its growth plans and expects annual earnings potential to increase by more than 140 percent by 2025 from 2017 adjusted earnings, assuming an oil price of $60 per barrel and based on 2017 margins.
ExxonMobil said today it has revised its Permian Basin growth plans to produce more than 1 million oil-equivalent barrels per day by as early as 2024 - an increase of nearly 80 percent and a significant acceleration of value.
Global oil prices extended gains Monday, taking U.S. crude some 33% higher from its December lows, as investors reacted to reports of a potential trade deal between Washington and Beijing and that ongoing OPEC production cuts that could last well into the second half of the year.
Exxon Mobil Corporation (NYSE:XOM) said today that John Verity, president of ExxonMobil Chemical Company, has elected to retire after 38 years of Service.
ExxonMobil said today that it will fund the construction of a new polypropylene production unit in Baton Rouge that will expand production capacity along the Gulf Coast by up to 450,000 tons per year.
No one wants a Kraft Heinz moment.
ExxonMobil today said it has made a natural gas discovery offshore Cyprus in the Eastern Mediterranean at the Glaucus-1 well.
With a 6% dividend yield, Enbridge offers a higher dividend yield than many of its U.S.-based peers.
Exxon Mobil Corporation (NYSE:XOM) said today it added 4.5 billion oil-equivalent barrels of proved oil and gas reserves in 2018, replacing 313 percent of the year's production.
And stay away from under-capitalized, over-indebted shale producers that face pressure to limit capital expenditures.
More than 1,000 middle-school girls have joined ExxonMobil for the company's 16 th annual Introduce a Girl to Engineering Day, which aims to inspire female students to consider engineering as a career.
ExxonMobil said today a new partnership with Microsoft will make its Permian Basin operations the largest-ever oil and gas acreage to use cloud technology and is expected to generate billions in net cash flow over the next decade through improvements in...
Global oil prices printed fresh 2019 highs Friday, taking crude to the highest levels since early November, as hopes for a U.S.-China trade deal that would stoke demand in the world's biggest energy market continue to offset record U.S. production.
Jim Cramer weighed in on the stock during a Wednesday conference call with his Action Alerts PLUS club for investors.
Royal Dutch Shell and Total boast solid balance sheets, high free-cash-flow generation, top-quartile production growth and attractive valuations.
These stocks have grown their dividend for years but the yield has now reached levels of attraction.
ExxonMobil said today it made two additional discoveries offshore Guyana at the Tilapia-1 and Haimara-1 wells, bringing the total number of discoveries on the Stabroek Block to 12.
The market can still go higher, but the time has come for the slope of price discovery to normalize a bit.
Watch the video to see how it all began for the oil company more than 100 years ago.
BP plc reported very strong earnings results, helping to a fuel a strong rally on Tuesday. Is there still time to buy?
Selecting the creme de la creme of last year's top dividend dogs generated an average total return of 8.8%.
ExxonMobil and partner Qatar Petroleum said today they have made a final investment decision to proceed with development of the Golden Pass LNG export project located in Sabine Pass, Texas.
For the firm's fourth quarter, results were truly impressive.
BP stock was surging higher after its earnings report.
Global stocks edged higher again Tuesday in quiet overnight trading, lifting the broadest measure of world stocks to the highest level in two months, as investors continue to favor the robust U.S. economic data over concerns for the fate of trade talks with Beijing.
After having 10 names in the portfolio report last week, we have a front-loaded schedule this week.
The U.S. corporate earnings seasons hits the mid-point this week with profits rising more firmly than expected over the three months ending in December, but muted global economic growth, the fading impact of U.S. tax cuts and uncertainty surrounding the fate of trade talks between Washington and Beijing likely means a sharp decline in bottom line performance for America's biggest companies.
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