Exxon Mobil News
News on Exxon Mobil (Ticker: XOM) continually updated from thousands of sources around the net.
Batesville attorney Blair Arnold noticed something curious in the royalty statements he received regularly from two different companies producing natural gas from the Fayetteville Shale: David H. Arrington Oil & Gas Inc. of Midland, Texas, was selling gas at higher prices than XTO Energy Inc. of Fort Worth, Texas.
ExxonMobil, the world's largest publicly traded oil and gas company, assumes in its business plans that there will be an eventual U.S. price on heat-trapping carbon dioxide emissions. It's one of 29 major U.S.-based companies to put an internal price on carbon, according to a report Sept.
From Texas, I mostly cover the energy industry and the tycoons who control it. I joined Forbes in 1999 and moved from New York to Houston in 2004.
Consumer's delight has always been the pain of investors. Promotional pricing means good news for consumers as they can bag in more for less money however on the other hand it reduces the margin of the company which results in fall of earning per share consequently share price taking a hit.
The growth in the oil and gas segment has been impressive for the company and it will be an extremely important area for GE. The growth in oil and gas exploration will result in substantial growth in sales for GE's oil and gas segment.
Russian Prime Minister Vladimir Putin, right, shakes hands with Rex W. Tillerson, chairman and chief executive officer of Exxon Mobil Corporation at their meeting in the Novo-Ogaryovo residence outside Moscow, Monday, April 16, 2012. On Friday, the United States and the European Union imposed a new round of sanctions on Russia in response to Moscow's intervention in eastern Ukraine and following its annexation of the Crimean peninsula in March.
The major market indexes spent the session lower, despite a rise in monthly retail sales and consumer confidence. Instead, Wall Street exercised caution ahead of next week's highly anticipated Federal Open Market Committee meeting, with speculation mounting about a possible earlier-than-expected policy shift from the central bank.
I maintain a watch list of dividend growth stocks that I update at least once a month, sometimes more frequently. It contains all of DivGro's holdings, as well as a subset of David Fish's CCC stocks .
New sanctions against Russia were adopted by the EU on Friday. The US government is expected to adopt similar sanctions as early as this week.
US stocks dropped Friday as the West slapped new sanctions on Russia and traders saw a higher chance the Federal Reserve next week will accelerate its timeline to raise interest rates. The broad-based S&P 500 fell 11.91 to 1,985.54, while the tech-rich Nasdaq Composite Index lost 24.21 at 4,567.60.
I cover breaking market news and, separately, personal finance for millennials. Got my training on the beat from TODAY show financial editor Jean Chatzky along with my own cornucopia of student loans.
The United States hit Russia's largest bank, a major arms maker and arctic, deepwater and shale exploration by its biggest oil companies with new sanctions on Friday to punish Moscow for intervening in Ukraine. The sanctions target companies including Sberbank, the country's largest bank by assets, and Rostec, a conglomerate that makes everything from Kalashnikovs to cars, by limiting their ability to access the U.S. debt markets.
Exxon Mobil Corp.'s work on a $700 million Arctic well in Russia could be stopped before it's finished under new U.S. and European Union sanctions that outlaw the drilling partnership. New sanctions ban U.S. and EU companies from working with Russian officials or companies to find or produce crude from deep seas, shale fields or the Arctic.
Contrary to pop culture opinion, Canada's largest industry is neither hockey equipment production nor donut retailing. It's energy, which isn't surprising given the country's vast area and its inhabitants' expertise at exploiting its natural abundance.
The impact of a loss of Rosneft to BP would be minimal in the short term, but could be substantial in the long run. BP is attractively valued compared to its peers, could be good long term investment regardless of Russia's political situation.
Shares of Exxon Mobil have earned a consensus rating of "Hold" from the twenty ratings firms that are covering the company, Analyst RN reports . Four investment analysts have rated the stock with a sell recommendation, seven have assigned a hold recommendation and nine have given a buy recommendation to the company.
Updated: Mon Sep 15, 2014 03:05 am
Copyright © 2014 Topix LLC