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24/7 Wall Street 07/18/2019 08:55
Exxon Mobil Corp. (NYSE: XOM) was downgraded to Sector Perform from Outperform and the target price was lowered to $90 from $100 at RBC Capital Markets.
More from 24/7 Wall Street: 07/10/2019 14:05
Exxon evacuating workers from Gulf of Mexico platforms as storm nears.
More from 07/08/2019 20:00
Lucid Energy Group entered into a new long-term natural gas gathering and processing agreement with Exxon Mobil Corp. subsidiary XTO Energy Inc. in the Delaware Basin.
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However, one position above all has been clearly articulated: 'We want oil to be a normal commodity in the international arena,' the former Exxon, Mobil, and PDVSA employee told The Politic.
More from Middle East North Africa Financial Network (MENAFN):
Seeking Alpha 07/02/2019 09:51
I doubled down on Exxon Mobil (XOM) yet again last week since I believe the oil and natural gas company has considerable earnings and free cash flow upside on the back of rising energy prices.
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Channel NewsAsia (Singapore) 07/01/2019 18:20
Business Exxon Mobil Corp said on Monday lower natural gas and chemical margins in its second quarter would offset improved crude and refining operations, pointing to flat profits sequentially and down from a year-earlier.
More from Channel NewsAsia (Singapore): 07/01/2019 13:19
RBC Capital Markets analysts in an note said the magnitude of weakness across refining, chemicals and gas and the lack of sequential improvement, “leaves us heading into another disappointing quarter for Exxon’s earnings momentum.
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Energy Voice 06/28/2019 01:00
Exxon Mobil is investing in a new carbon-capture technology firm that aims to economically suck emissions out of the sky near power plants and other large industrial sources.
More from Energy Voice: 06/26/2019 04:00
Speaking after reports that ExxonMobil is preparing to put its Norwegian upstream portfolio up for sale, Neivan Boroujerdi, principal analyst, Europe upstream, at Wood Mackenzie, said: “The move doesn’t come as a surprise. We recently highlighted Norway amongst a US$48 billion pool of assets from which we think ExxonMobil could meet its recently announced US$15 billion divestment target.”He added: “The sale has the potential to be the Norway’s biggest since Statoil’s merger with Norsk Hydro announced in 2006. “While Norway is no longer core to the overall business, ExxonMobil’s position is substantial enough to receive an attractive exit price, particularly as Norway remains one of the premium M&A markets in the world. @hotTipLookingForNex.
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