News: Exxon Mobil Corp (XOM.N)

XOM.N on New York Stock Exchange

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8 Feb 2016
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Tue, Feb 2 2016

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Exxon slashes spending after smallest profit in years

Exxon Mobil Corp on Tuesday reported its smallest quarterly profit in more than a decade and said it will cut 2016 spending by one-quarter and suspend share repurchases as it copes with a prolonged downturn in crude prices. | Video

Exxon, tops in stock buybacks, now saving its cash

Few phenomena in the stock market are more predictable than oil major Exxon Mobil Corp's massive share buyback program. Until now.

UPDATE 1-Exxon, tops in stock buybacks, now saving its cash

Feb 2 Few phenomena in the stock market are more predictable than oil major Exxon Mobil Corp's massive share buyback program. Until now.

UPDATE 3-Exxon slashes spending after smallest profit in years

Feb 2 Exxon Mobil Corp on Tuesday reported its smallest quarterly profit in more than a decade and said it will cut 2016 spending by one-quarter and suspend share repurchases as it copes with a prolonged downturn in crude prices.

BRIEF-Exxon headcount is down about 20 pct over the last 5 years-exec

* Exxon exec says the company has flexibility both ways on capital spending plans

Exxon, tops in stock buybacks, now saving its cash

Feb 2 Few phenomena in the stock market are more predictable than oil major Exxon Mobil Corp's massive share buyback program. Until now.

CORRECTED-UPDATE 2-Exxon's profit tumbles 58 percent, slashes capex by one-quarter

Feb 2 Exxon Mobil Corp on Tuesday reported its smallest quarterly profit in more than a decade and said it will cut 2016 spending by one-quarter and suspend share repurchases as it copes with a prolonged downturn in crude prices.

Exxon's 4th-quarter profit tumbles 58 percent as low crude hurts

Feb 2 Exxon Mobil Corp on Tuesday reported a 58 percent drop in quarterly profit as low oil prices hurt results at the world's largest publicly traded oil company.

Exxon given permission to truck Calif. crude after pipeline outage

HOUSTON, Feb 1 Exxon Mobil Corp will soon start trucking crude from two California storage tanks because the company has no other means to empty them since the shutdown of an oil pipeline that ruptured last May and fouled Santa Barbara County shores.

Exxon sees a world with less carbon but higher-cost emissions

HOUSTON Exxon Mobil Corp on Monday said efficiencies and increased use of renewable fuels will cut by half the carbon intensity of the world's economy by 2040 but climate policies will increase the cost of greenhouse gas emissions, according to the company's latest long-term outlook.

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