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Exxon Mobil Corp (XOM.N)

XOM.N on New York Stock Exchange

85.89USD
20 Jan 2017
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Latest Key Developments (Source: Significant Developments)

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

Interoil qtrly loss per share $1.16
Thursday, 4 Aug 2016 07:00am EDT 

Interoil Corp : Interoil Corporation discloses second quarter 2016 results . In light of pending transaction with Exxon Mobil Corp Interoil will not hold conference call to discuss its quarterly results . Qtrly loss per share $1.16 .Qtrly revenue $10.7 million versus $13.6 million.  Full Article

Exxon updates on 2016 capex
Wednesday, 3 Aug 2016 12:23pm EDT 

Exxon Mobil : Exxon Mobil anticipates a 2016 investment level below $23.2 billion target that was referenced last quarter - sec filing .Exxon Mobil says actual spending could vary depending on progress of individual projects and property acquisitions.  Full Article

Honeywell and Exxonmobil announce technology licensing agreement with Hainan Handi Sunshine Petrochemical
Wednesday, 3 Aug 2016 09:57am EDT 

Honeywell: Honeywell UOP and Exxonmobil announced a technology licensing agreement with Hainan Handi Sunshine Petrochemical Co Ltd .Honeywell UOP's unicracking technology, Exxonmobil's MSDW catalytic lubes de-waxing technology will be installed at Hainan, China facility.  Full Article

Exxon says has significant debt capacity that it can leverage, very strong balance sheet
Friday, 29 Jul 2016 10:41am EDT 

: After q2 results, exxon says cash flow reflects durability of integrated business model during price downturn . Exxon says u.s. Unconventional costs being reduced, while improving efficiencies . Exxon says selectively proceeding with certain investments, projects, like interoil gas in papua new guinea . Exxon says refined products inventories are very large, partly explain lower throughputs at refineries . Exxon says 'we've got the financial flexibility' to do many things, including potential acquisitions . Exxon says world class prospects in guyana may not come on line until 'early in next decade' . Exxon says share buyback program is considered on a quarterly basis, has been flexible part of program to return cash to holders . Exxon says has significant debt capacity that it can leverage, very strong balance sheet . Exxon says argentina shale pilot project looks promising, for 35 year concession Further company coverage: [nL1N1AF0NC] (Reporting by Terry Wade) ((terry.wade@thomsonreuters.com;)).  Full Article

Exxonmobil earns $1.7 billion in second quarter of 2016
Friday, 29 Jul 2016 08:15am EDT 

Exxon Mobil Corp : ExxonMobil earns $1.7 billion in second quarter of 2016 . Q2 earnings per share $0.41 . Qtrly upstream earnings were $294 million in Q2 of 2016, down $1.7 billion from Q2 of 2015 . Q2 total revenue and other income $57,694 million versus. $74,113 million year-ago . Qtrly downstream earnings were $825 million, down $681 million from Q2 of 2015 . Q2 2016 earnings of $1.7 billion decreased $2.5 billion, or 59 percent, from Q2 of 2015 . Q2 2016 capital and exploration expenditures were $5.2 billion, down 38 percent from Q2 of 2015 . Qtrly oil-equivalent production was essentially unchanged versus last year at 4 million oil-equivalent barrels per day . Qtrly liquids production totaled 2.3 million barrels per day, up 39,000 barrels per day . Q2 cash flow from operations and asset sales $5.5 billion versus. $9.4 billion last year . Qtrly chemical earnings of $1.2 billion were $29 million lower than Q2 of 2015 . CEO Tillerson "financial results reflect a volatile industry environment" . Qtrly natural gas production was 9.8 billion cubic feet per day, down 366 million cubic feet per day from 2015 . Q2 oil-equivalent production 3,957 KOEBD versus. 3,979 KOEBD last year . Qtrly U.S. upstream earnings declined $467 million from Q2 of 2015 to a loss of $514 million in Q2 of 2016 . Q2 worldwide refinery throughput 4,152 KBD versus. 4,330 KBD last year.  Full Article

Exxon said in advanced talks with Eni over Mozambique gas stake - Bloomberg
Thursday, 28 Jul 2016 06:05am EDT 

:Exxon said in advanced talks with Eni over Mozambique gas stake- Bloomberg, citing sources.  Full Article

Exxon Mobil sets quarterly cash dividend of $0.75/share
Wednesday, 27 Jul 2016 01:13pm EDT 

Exxon Mobil Corp :Sets quarterly cash dividend of $0.75 per share.  Full Article

ExxonMobil to expand ultra-low sulfur fuels production at Beaumont refinery
Tuesday, 26 Jul 2016 10:00am EDT 

ExxonMobil Corp : ExxonMobil to expand ultra-low sulfur fuels production at Beaumont refinery . Production of ultra-low sulfur diesel and gasoline to expand by more than 40,000 barrels per day . Says construction is scheduled during second half of 2016 to install a selective cat naphtha hydrofining unit .Startup of flexible technology, known as SCANfining, is expected in 2018.  Full Article

ExxonMobil to expand specialty elastomers capacity at Newport, Wales plant
Wednesday, 20 Jul 2016 02:33pm EDT 

Exxon Mobil Corp : Exxonmobil to expand specialty elastomers capacity at Newport, Wales plant . Project will expand company's global santoprene elastomers capacity by 25 percent .Says project expected to be completed in late 2017.  Full Article

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Saudi's SABIC still keen on Exxon Mobile venture in U.S., looking for more

RIYADH Saudi Basic Industries Corp (SABIC) remains upbeat on a proposed petrochemical venture in the United States with Exxon Mobil and a preliminary investment decision could be made within months, SABIC's chief executive said on Thursday.