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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.
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CNBC 07/18/2019 07:09
RBC downgraded Exxon Mobil to 'sector perform' from 'outperform' RBC said in its downgrade that macro headwinds are "mounting" for Exxon.
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Energy Voice 07/15/2019 01:30
The European Union’s Court of Justice ruled that part of Exxon’s natural gas processing plant in Germany should be classified as an electricity generator, a decision that could result in a cut to its allocation of free pollution rights.
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Reuters.com 07/10/2019 14:05
Exxon evacuating workers from Gulf of Mexico platforms as storm nears.
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Rigzone.com 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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For years, Vecchio had been leading Exxon's legal fight against the Chavez government.
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Peak Oil News 07/03/2019 16:08
... to the climate crisis, my heart is with carbon abolitionists like Al Gore, Bill McKibben, and Naomi Klein against the greedy oil-holders who run ExxonMobil and the complacent investors who leave their money in Exxon stock as the company’s product continues to destroy the climate.
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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.
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Reuters.com 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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OilPrice.com 06/28/2019 19:00
Exxon and Shell could return to Somalia ahead of an oil bid round that the East African country plans to hold later in 2019, Reuters reported on Friday, citing a statement from Somalia’s oil ministry.
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JWN Energy 06/27/2019 09:17
Norway could see its biggest oil and gas transaction since 2006 if reports play out that ExxonMobil exits the play...
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oilandgaspeople.com 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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