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Exxon Mobil Corp (XOM.N)

XOM.N on New York Stock Exchange

17 Oct 2017
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$0.15 (+0.18%)
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Latest Key Developments (Source: Significant Developments)

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

Exxonmobil announces successful payara-2 well offshore Guyana
Tuesday, 25 Jul 2017 09:00am EDT 

July 25 (Reuters) - Exxon Mobil Corp ::Exxonmobil announces successful Payara-2 well offshore guyana.Exxonmobil - increases total Payara resource to approximately 500 million oil-equivalent barrels.Exxonmobil - ‍well encounters 59 feet of high-quality, oil-bearing sandstone reservoirs​.Exxonmobil - ‍increases total Payara resource to approximately 500 million oil-equivalent barrels​.Exxonmobil- positive well results increase estimated gross recoverable resource for Stabroek block to between 2.25 billion-2.75 billion oil-equivalent barrels​.  Full Article

Exxon Mobil to challenge finding by OFAC that it violated U.S. sanctions against Russia in 2014​
Thursday, 20 Jul 2017 02:53pm EDT 

July 20 (Reuters) - Exxon Mobil Corp ::Says ‍launched legal challenge to finding by treasury department's office of foreign assets control that it violated U.S. sanctions against Russia in 2014​.Says ‍OFAC alleges co violated sanctions when it signed some documents in may 2014 countersigned on behalf of Rosneft by Igor Sechin acting as Rosneft executive​.Says ‍at time of signing documents, ongoing oil and gas activities in Russia with Rosneft​ were not under any direct sanction by U.S. government.  Full Article

Exxon, ‍university Of Wisconsin-Madison announce 2-year renewal of agreement
Monday, 17 Jul 2017 09:00am EDT 

July 17 (Reuters) - Exxon Mobil Corp ::Exxon - co, ‍university Of Wisconsin-Madison announced 2-year renewal of agreement to research chemistry of converting biomass into transportation fuels​.  Full Article

Exxon says production unit restarted at Joliet, Ill. refinery
Monday, 3 Jul 2017 07:53am EDT 

July 3 (Reuters) - Exxon Mobil Corp ::Exxon confirms report of flaring event related to restart of a production unit at Joliet, Illinois refinery.  Full Article

Exxon Baytown, Tx refinery reports pipe repair, minimal production impact
Friday, 23 Jun 2017 12:11pm EDT 

June 23 (Reuters) - Exxon Mobil Corp ::Exxon Mobil Baytown, Texas refinery reports emissions from hole in pipe, sulfur conversion unit(SCU).Exxon Mobil Baytown, Texas refinery reports pipe is being isolated for repair; there is minimal impact to production.Exxon Mobil Baytown, Texas refinery reports event is currently ongoing.  Full Article

Iraq's total oil production 4.315 million bpd so far in June - minister
Thursday, 22 Jun 2017 10:00am EDT 

June 22 (Reuters) - Iraq total oil production 4.315 million bpd so far in June:Iraq total oil exports 3.8 million bpd - Iraqi Oil Minister Jabar al-Luaibi.June volumes include Kurdistan shipments.Oil exports from Kurdistan about 530,000 bpd so far in June.Oil prices will start recovering end July.Oil prices to reach $54 to $56/bbl by year end.Iraq in “calm negotiations” with foreign oil companies to amend service contracts.Iraqi oil minister says will implement seawater project end-2017 even if no deal is reached with Exxon.  Full Article

UPDATE 1-Total-ENI-Novatek consortium bids for Lebanon offshore blocks

BEIRUT, Oct 13 The only bidder in Lebanon's first tender for five offshore energy blocks was a consortium made up of France's Total, Italy's ENI and Russia's Novatek, Minister of Energy and Water Cesar Abi Khalil said on Friday.