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Exxon Mobil Corp (XOM.N)

XOM.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Exxonmobil says VP Robert Stuart Franklin reports open market sale of 22,656 shares
Tuesday, 19 Sep 2017 11:53am EDT 

Sept 19 (Reuters) - Exxon Mobil Corp :Exxonmobil says VP Robert Stuart Franklin reports open market sale of 22,656 shares of co's common stock at average of $79.76per share on Sept 18 - sec filing.  Full Article

DNO joins Exxonmobil on Baeshiqa license in Kurdistan assumes operatorship
Thursday, 7 Sep 2017 09:07pm EDT 

Sept 7 (Reuters) - Dno Asa :Dno joins Exxonmobil on Baeshiqa license in kurdistan; assumes operatorship.Co will assume operatorship of license with 40 percent paying (32 percent net) interest, acquiring one-half of Exxonmobil's position.Pending government approval, DNO will drill exploration well H1 2018 with second exploration well to follow on separate structure.  Full Article

ExxonMobil says Baytown restart activities continue, pipelines beginning to transport fuels
Tuesday, 5 Sep 2017 02:33pm EDT 

Sept 5 (Reuters) - Exxon Mobil Corp ::Says Baytown restart activities continue, pipelines beginning to transport fuels.Offshore production platforms in Gulf of Mexico are beginning to return to normal operations​.Production units at Beaumont refinery remain shut down due to flooding in lower level of refinery​.Also delaying scheduled maintenance at other ExxonMobil refineries to continue producing gasoline and diesel to relieve supply situation​.‍Hadrian South subsea production system in Gulf of Mexico has been deemed safe and operational, and production has resumed​.‍Galveston 209 offshore platform systems are safe and operational, and startup operations are underway​.Facility assessments and restart activities continue at Baytown refinery, Houston terminals open and pipeline restart activities underway​.  Full Article

Exxon shuts units, cuts rates at Beaumont refinery due to bad weather
Tuesday, 29 Aug 2017 09:43am EDT 

Aug 29 (Reuters) - Exxon Mobil Corp ::Says Beaumont, Texas refinery continues to operate at reduced rates.Says has safely shut some units due to adverse weather; continues to monitor weather.  Full Article

Exxon says curtailing production at Galveston 209 platform
Thursday, 24 Aug 2017 09:52am EDT 

Aug 24 (Reuters) - Exxon Mobil Corp ::Exxon says it has begun to curtail production at Galveston 209 platform and preparing facilities for evacuation in the wake of tropical depression Harvey.Exxon says refineries continue to operate at normal conditions .  Full Article

ExxonMobil selects MRC Global as primary valve provider
Tuesday, 22 Aug 2017 04:15pm EDT 

Aug 22 (Reuters) - Mrc Global Inc :MRC Global Inc says its unit ‍has signed an agreement to be primary global provider of valve and valve products and services to ExxonMobil​.‍Agreement includes all of ExxonMobil's global projects and maintenance, repair and operations​.MRC Global - ‍agreement's initial implementation focused on downstream U.S. business unit, followed by EU and, most recently added, Asia Pacific region​.  Full Article

Handal Resources says unit entered into agreement with Exxonmobil Exploration And Production Malaysia
Thursday, 3 Aug 2017 12:43am EDT 

Aug 3 (Reuters) - Handal Resources Bhd :Unit entered into goods & services outline agreement with Exxonmobil Exploration And Production Malaysia Inc.Agreement for provision of onshore overhaul, major repair and refurbishment services for offshore cranes to EMEPMI.  Full Article

Exxon calls Qatar LNG 'very important partnership'
Friday, 28 Jul 2017 12:10pm EDT 

July 28 (Reuters) - Exxon Mobil Corp :Says no plans to make share repurchases in third quarter.Says it expects to add 3 drilling rigs to Permian Basin acreage by end of August, bringing rig count there to 19.Says still expects 2017 capex of $22 billion.Says has not had any impacts in Qatar to LNG production or exports.Says 'Qatar is a very important partnership for us'.Says 'Very interested' in continued investment in Qatar.Says annual capex should 'slowly ramp up' from $22 billion through end of decade.  Full Article

Exxon Mobil reports Q2 earnings per share $0.78
Friday, 28 Jul 2017 08:00am EDT 

July 28 (Reuters) - Exxon Mobil Corp ::ExxonMobil earns $3.4 billion in second quarter 2017.Q2 earnings per share $0.78.Q2 earnings per share view $0.84 -- Thomson Reuters I/B/E/S.Quarterly ‍liquids production totaled 2.3 million barrels per day, down 61,000 barrels per day​.Q2 total revenues and other income $‍62,876​ million versus $57,694 million.Quarterly ‍oil-equivalent production was 3.9 million oil-equivalent barrels per day, down 1 percent from prior year​.Quarterly ‍natural gas production was 9.9 billion cubic feet per day, up 158 million cubic feet per day​.Q2 2017 earnings of $3.4 billion increased 97 percent from Q2 of 2016.Q2 worldwide refinery throughput ‍4,345​ kbd versus 4,152 kbd.Q2 cash flow from operations and asset sales was ‍$7.1 billion versus $5.5 billion last year.Quarterly ‍chemical earnings of $985 million were $232 million lower than Q2 of 2016​.Q2 2017 capital and exploration expenditures were $3.9 billion, down 24 percent from Q2 of 2016.Quarterly ‍upstream earnings were $1.2 billion in Q2 of 2017, up $890 million from Q2 of 2016​.Quarterly ‍downstream earnings were $1.4 billion, up $560 million from Q2 of 2016​.Q2 revenue view $61.92 billion -- Thomson Reuters I/B/E/S.Says Q2 chemical earnings were down primarily due to higher turnaround activities, lower volumes, and decreased margins.  Full Article

Exxon Mobil declares Q3 dividend of $0.77/share
Wednesday, 26 Jul 2017 01:07pm EDT 

July 26 (Reuters) - Exxon Mobil Corp ::Exxon Mobil Corporation declares third quarter dividend.Sets quarterly cash dividend of $0.77 per share.  Full Article

Exxon's Beaumont, Texas coker remains shut, other units running: sources

HOUSTON The coking unit remains shut at Exxon Mobil Corp's 362,300 barrel per day (bpd) Beaumont, Texas refinery, sources familiar with plant operations said on Monday.