Edition:
United States

Exxon Mobil Corp (XOM.N)

XOM.N on New York Stock Exchange

76.26USD
4:00pm EDT
Change (% chg)

$-1.21 (-1.56%)
Prev Close
$77.47
Open
$77.23
Day's High
$77.24
Day's Low
$76.21
Volume
5,116,702
Avg. Vol
3,642,246
52-wk High
$93.21
52-wk Low
$76.21

Latest Key Developments (Source: Significant Developments)

EDF's Edison confirms talks under way to sell stake in Italy LNG terminal
Friday, 9 Jun 2017 01:21am EDT 

June 9 (Reuters) - Edison, the Italian energy group owned by France's EDF, says::confirms talks are under way to sell 7.3 percent stake in the liquefied natural gas facility Terminale LNG Adriatico located in northern Italy.confirms talks under way to sell the pipeline connecting the said terminal to Italy's gas transport grid and two offices in Milan hosting its headquarters.  Full Article

Oil Search to farm-in to acreage in onshore Papuan Gulf Basin
Sunday, 28 May 2017 07:24pm EDT 

May 29 (Reuters) - Oil Search Ltd :Oil Search farm-in to acreage in onshore papuan gulf basin.unit entered into arrangements regarding acquisition of a 30% interest in each of PPLs 474, 475, 476, 477 and PRL 39 from Exxonmobil affiliates​.  Full Article

S&P says Exxon Mobil outlook revised to negative from stable‍​
Wednesday, 24 May 2017 05:17pm EDT 

May 24 (Reuters) - Exxon Mobil Corp ::S&P says Exxon Mobil Corp outlook revised to negative from stable on weak credit measures; ratings affirmed‍​.  Full Article

Maersk Drilling extends drillship contract with ExxonMobil
Wednesday, 24 May 2017 04:57am EDT 

May 24 (Reuters) - A.P. MOLLER-MAERSK :SAYS MAERSK DRILLING AWARDED EXTENSION FOR DRILLSHIP MAERSK VIKING BY OIL MAJOR EXXONMOBIL <<>>.THE ESTIMATED VALUE OF THE CONTRACT EXTENSION IS $22.5 MLN, WITH A DURATION OF 150 DAYS.MAERSK VIKING WILL NOW BE IN OPERATION FOR UNTIL DECEMBER 2017."IT IS EVIDENT THAT WE ARE NOW LOOKING AT A DAY RATE MUCH LOWER THAN THE ORIGINAL CONTRACT, REFLECTING THE CURRENT MARKET SITUATION," SAYS VICE PRESIDENT AND HEAD OF GLOBAL SALES IN MAERSK DRILLING, MICHAEL REIMER MORTENSEN."HOWEVER, MAERSK DRILLING HAS SIGNIFICANTLY LOWERED COST LEVELS ACROSS THE FLEET IN THE PAST YEARS, ENABLING US TO OPERATE JUST AS EFFICIENTLY IN THIS NEW ENVIRONMENT".  Full Article

InterOil says shareholders approve transaction with Exxon Mobil
Tuesday, 14 Feb 2017 01:27pm EST 

InterOil Corp : InterOil: 91% of shares voted approve exxonmobil transaction .InterOil Corp - shareholders approved transaction with Exxon Mobil corporation at special meeting held on tuesday.  Full Article

Exxon Mobil to acquire companies doubling Permian Basin resource to 6 bln Barrels
Tuesday, 17 Jan 2017 09:00am EST 

Exxon Mobil Corp : Exxon Mobil corp - upfront acquisition cost of $5.6 billion to be paid in Exxonmobil shares . Exxonmobil to acquire companies doubling permian basin resource to 6 billion barrels . Exxon Mobil Corp - companies' assets include 250,000 acres in highly prolific Permian basin . Exxon Mobil Corp - upfront acquisition cost of $5.6 billion to be paid in Exxonmobil shares . Exxon Mobil Corp - deal adds more than 3.4 billion barrels of oil equivalent, of which 75 percent is liquids . Exxon Mobil - will make an upfront payment of $5.6 billion in Exxonmobil shares, and a series of additional contingent cash payments totaling up to $1 billion . Exxon Mobil Corp - acquired companies, which include operating entity bopco, hold about 275,000 acres of leasehold .Exxon Mobil Corp - acquired companies have production of more than 18,000 net oil equivalent barrels per day.  Full Article

Exxon Mobil reports Q3 earnings per share of $0.63
Friday, 28 Oct 2016 08:08am EDT 

Exxon Mobil Corp : ExxonMobil earns $2.7 billion in third quarter of 2016 . Q3 earnings per share $0.63 . Quarterly upstream earnings were $620 million in Q3 of 2016, down $738 million from Q3 of 2015 . Quarterly liquids production totaled 2.2 million barrels per day, down 120,000 barrels per day. . Quarterly downstream earnings were $1.2 billion, down $804 million from Q3 of 2015 . Quarterly oil-equivalent production was 3.8 million oil-equivalent barrels per day, with liquids down 5.1 percent and natural gas up 0.8 percent . Quarterly natural gas production was 9.6 billion cubic feet per day, up 77 million cubic feet per day from 2015 . Q3 2016 earnings of $2.7 billion decreased $1.6 billion, or 38 percent, from Q3 of 2015 . Q3 total revenue and other income $58,677 million versus. $67,344 million year-ago . Quarterly chemical earnings of $1.2 billion were $56 million lower than Q3 of 2015 . Q3 2016 capital and exploration expenditures were $4.2 billion, down 45 percent from Q3 of 2015 . Quarterly cash flow from operations and asset sales was $6.3 billion, including proceeds associated with asset sales of $1 billion . Q3 oil-equivalent production 3,811 koebd versus. 3,918 koebd last year . Q3 worldwide refinery throughput 4,365 kbd versus. 4,457 kbd last year . "While the operating environment remains challenging, company continues to focus on capturing efficiencies, advancing strategic investments".  Full Article

Exxon Mobil and Stewart-Haas racing extend partnership with multi-year deal
Friday, 7 Oct 2016 11:00am EDT 

Exxon Mobil Corp : Exxon Mobil and Stewart-Haas Racing extend partnership with multi-year deal . Mobil 1 will have full primary sponsorships on all 4 Stewart-Haas racing premiere series cars at various points during race season .Mobil 1 brand will be an associate sponsor of SHR's new Nascar Xfinity series for 2017 season.  Full Article

NBA, ExxonMobil announce new multiyear partnership in U.S., China
Wednesday, 5 Oct 2016 02:00pm EDT 

Exxon Mobil Corp :NBA and ExxonMobil announce new multiyear partnership in U.S. And china.  Full Article

Interoil urges shareholders to vote for Exxonmobil deal
Friday, 19 Aug 2016 06:00am EDT 

Interoil Corp : Interoil highlights value created by Exxonmobil transaction . Files management information circular for special meeting on Exxonmobil transaction .Urges shareholders to vote for Exxonmobil transaction.  Full Article