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Exxon Mobil Corp (XOM.N)

XOM.N on New York Stock Exchange

76.54USD
16 Feb 2018
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Latest Key Developments (Source: Significant Developments)

Woodside Announces Deal To Buy Exxonmobil's Share Of Scarborough Gas Field
Tuesday, 13 Feb 2018 05:08pm EST 

Feb 14 (Reuters) - Woodside Petroleum Ltd ::ENTERED INTO A BINDING SALE AND PURCHASE AGREEMENT (SPA) TO ACQUIRE EXXONMOBIL'S SHARE OF SCARBOROUGH GAS FIELD.‍WOODSIDE WILL ACQUIRE FROM EXXONMOBIL AN ADDITIONAL 50% INTEREST IN WA-1-R​.‍UPON COMPLETION OF TRANSACTION WOODSIDE WILL HAVE A 75% INTEREST IN WA-1-R AND A 50% INTEREST IN WA-61-R, WA-62-R AND WA-63-R​.SAYS DEAL FOR CONSIDERATION OF $444 MLN AND CONTINGENT PAYMENT OF $300M UPON POSITIVE FID‍​.  Full Article

Exxonmobil Adds 2.7 Billion Barrels To Reserves, Replaces 183 Pct Of 2017 Production
Thursday, 8 Feb 2018 09:00am EST 

Feb 8 (Reuters) - Exxonmobil ::ADDS 2.7 BILLION BARRELS TO RESERVES; REPLACES 183 PERCENT OF 2017 PRODUCTION.EXXONMOBIL'S RESERVES LIFE AT CURRENT PRODUCTION RATES IS 14 YEARS.‍DURING 2017, PROVED ADDITIONS AT UPPER ZAKUM IN ABU DHABI TOTALED MORE THAN 800 MILLION BARRELS OF CRUDE OIL​.PROVED RESERVES TOTALED 21.2 BILLION OIL-EQUIVALENT BARRELS AT YEAR-END 2017.ADDED 9.8 BILLION OIL-EQUIVALENT BARRELS TO RESOURCE BASE IN 2017 THROUGH BY-THE-BIT EXPLORATION DISCOVERIES AND STRATEGIC ACQUISITIONS.‍ADDITIONS IN PERMIAN ARE SUPPORTED BY CO'S GROWTH PLAN, SEEN TO INCREASE DAILY PRODUCTION TO OVER 600,000 OIL-EQUIVALENT BARRELS BY 2025​.‍ADDITIONAL EXPLORATION DRILLING IN GUYANA IS PLANNED IN 2018 ON 11.5 MILLION GROSS ACRES CURRENTLY HELD OFFSHORE​.‍PRODUCTION FROM LIZA PHASE 1 IS EXPECTED TO BEGIN BY 2020​.  Full Article

Exxonmobil Invests In On-Demand Vehicle Care Startup Yoshi Inc
Wednesday, 7 Feb 2018 09:00am EST 

Feb 7 (Reuters) - Exxon Mobil Corp ::EXXONMOBIL INVESTS IN ON-DEMAND VEHICLE CARE STARTUP.EXXONMOBIL SAYS INVESTED INTO YOSHI INC, A STARTUP OFFERING ON-DEMAND FUEL DELIVERY AND VEHICLE CARE SERVICE.EXXONMOBIL - ‍AS A LEADING STRATEGIC INVESTOR, EXXONMOBIL GAINS A VOTING SEAT ON BOARD OF DIRECTORS​.EXXONMOBIL - WILL PROVIDE YOSHI WITH FUELS AND LUBRICANT PRODUCTS WHERE AVAILABLE, YOSHI WILL CONTINUE TO MANAGE DELIVERY SERVICE.  Full Article

Exxon sees ethylene demand growing 5 mln tonnes annually
Friday, 2 Feb 2018 10:34am EST 

Feb 2 (Reuters) - Exxon Mobil Corp ::SAYS PLANS FIRST OIL FROM GUYANA LIZA OPERATIONS BY MARCH 2020.SAYS PLANS TO DRILL 15 TO 20 3-MILE LATERAL WELLS IN NORTH DAKOTA'S BAKKEN SHALE THIS YEAR.SAYS SEES ETHYLENE DEMAND GROWING 5 MILLION/TONNES ANNUALLY.  Full Article

ExxonMobil Reports Q4 Earnings Per Share $1.97
Friday, 2 Feb 2018 08:00am EST 

Feb 2 (Reuters) - Exxon Mobil Corp ::EXXONMOBIL EARNS $19.7 BILLION IN 2017; $8.4 BILLION IN FOURTH QUARTER.Q4 EARNINGS PER SHARE $1.97.EXXONMOBIL - NET FAVORABLE NON-CASH IMPACTS IN Q4 TOTAL $4.6 BILLION, INCLUDING $5.9 BILLION RELATING TO U.S. TAX REFORM.EXXONMOBIL QTRLY OIL-EQUIVALENT PRODUCTION WAS 4 MILLION BARRELS PER DAY, DOWN 3 PERCENT FROM PRIOR YEAR.Q4 2017 ‍EARNINGS OF $8.4 BILLION INCREASED $6.7 BILLION FROM Q4 OF 2016.​.Q4 2017 ‍EARNINGS EXCLUDING U.S. TAX REFORM AND IMPAIRMENTS WERE $3.7 BILLION, DOWN 2 PERCENT COMPARED WITH Q4 OF 2016​.EXXONMOBIL - EXCLUDING ENTITLEMENT EFFECTS AND DIVESTMENTS, OIL-EQUIVALENT PRODUCTION WAS DOWN 1 PERCENT IN QUARTER FROM PRIOR YEAR.EXXONMOBIL - QTRLY LIQUIDS PRODUCTION TOTALED 2.3 MILLION BARRELS PER DAY, DOWN 133,000 BARRELS PER DAY.Q4 2017 ‍CAPITAL AND EXPLORATION EXPENDITURES WERE $9 BILLION, INCLUDING ACQUISITIONS IN MOZAMBIQUE AND BRAZIL​.EXXONMOBIL - QTRLY NATURAL GAS PRODUCTION WAS 10.4 BILLION CUBIC FEET PER DAY, UP 17 MILLION CUBIC FEET PER DAY FROM 2016.EXXONMOBIL QTRLY CASH FLOW FROM OPERATIONS AND ASSET SALES WAS $8.8 BILLION VERSUS. $9.5 BILLION REPORTED IN Q4 LAST YEAR.EXXONMOBIL - QTRLY CHEMICAL EARNINGS OF $1.3 BILLION WERE $398 MILLION HIGHER THAN Q4 OF 2016.EXXONMOBIL - Q4 TOTAL REVENUES AND OTHER INCOME $66,515 MILLION VERSUS $56,399 MILLION IN Q4 LAST YEAR.EXXONMOBIL - PREVIOUS DISCOVERIES OFFSHORE GUYANA NOW ESTIMATED TO TOTAL OVER 3.2 BILLION RECOVERABLE OIL-EQUIVALENT BARRELS, EXCLUDING RANGER WELL.  Full Article

Exxon Mobil Sets Quarterly Cash Dividend Of $0.77 Per Share
Wednesday, 31 Jan 2018 03:44pm EST 

Jan 31 (Reuters) - Exxon Mobil Corp ::SETS QUARTERLY CASH DIVIDEND OF $0.77PER SHARE.  Full Article

Exxon Baytown, Texas Refinery Reports Minor Impacts Due to Weather
Wednesday, 17 Jan 2018 02:26pm EST 

Jan 17 (Reuters) - EXXON MOBIL CORP ::EXXON MOBIL BAYTOWN REFINERY REPORTS EMISSIONS FROM CATALYTIC LIGHT ENDS UNIT 3, CATALYTIC LIGHT ENDS UNIT 3 (CLEU3).EXXON MOBIL BAYTOWN, TEXAS REFINERY REPORTS LEFU TOWER 600 AND CLEU3 TOWER 62 EXPERIENCED ELEVATED PRESSURE DUE TO INCLEMENT WEATHER.EXXON BAYTOWN REFINERY REPORTS THE EXTENDED PERIOD OF BELOW FREEZING TEMPERATURES CONTINUED TO HAVE MINOR SITE IMPACTS.EXXON MOBIL BAYTOWN REFINERY REPORTS ADJUSTMENTS WERE MADE TO RETURN TO NORMAL OPERATIONS AND SAFETY RELIEF VALVES WERE RESEATED; OPERATIONS ARE CONTINUING TO ELIMINATE RESIDUAL MATERIAL.SOURCE: TEXAS COMMISSION ON ENVIRONMENTAL QUALITY FILING nEMN2UD0WT.REFINERY CAPACITY: 560,500 BARRELS PER DAY.  Full Article

ExxonMobil, MagnaBond To Collaborate On New Well Integrity Evaluation Technologies
Tuesday, 16 Jan 2018 09:00am EST 

Jan 16 (Reuters) - Exxon Mobil Corp ::EXXONMOBIL AND MAGNABOND TO COLLABORATE ON NEW WELL INTEGRITY EVALUATION TECHNOLOGIES.EXXONMOBIL UPSTREAM RESEARCH COMPANY SAYS HAS SIGNED A THREE-YEAR JOINT DEVELOPMENT AGREEMENT WITH MAGNABOND LLC.EXXONMOBIL UPSTREAM RESEARCH COMPANY SAYS DEAL TO DEVELOP TECHNOLOGIES THAT COULD ENHANCE COST-EFFECTIVE EVALUATION OF WELL CEMENTING, CASING & TUBING.  Full Article

Exxon Says Minimal Impact To Production From Tower Depressure At Baytown Refinery
Wednesday, 27 Dec 2017 07:21pm EST 

Dec 27 (Reuters) - EXXON MOBIL CORP ::EXXON SAYS FLARING EVENT FROM TOWER DEPRESSURE AT BAYTOWN REFINERY HAS ENDED; MINIMAL IMPACT TO PRODUCTION.EXXON SAYS EXPECT TO MEET OUR CONTRACTUAL COMMITMENTS.  Full Article

Exxonmobil Says Henrietta Fore Will Be Resigning As Director
Wednesday, 27 Dec 2017 03:45pm EST 

Dec 27 (Reuters) - Exxon Mobil Corp ::EXXONMOBIL SAYS HENRIETTA FORE WILL BE RESIGNING AS A DIRECTOR OF CO EFFECTIVE DEC 31 - SEC FILING.  Full Article

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ExxonMobil acquires 2.5 percent stake in the BTC oil pipeline

BAKU U.S. oil major ExxonMobil has acquired 2.5 percent stake in the Azeri Baku-Tbilisi-Ceyhan (BTC) pipeline from CIECO, a subsidary of Itochu , an ExxonMobil official said on Monday.