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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 To Merge Refining And Marketing Divisions, Names Milton President
Friday, 1 Dec 2017 04:00pm EST 

Dec 1 (Reuters) - Exxon Mobil Corp ::EXXONMOBIL TO MERGE REFINING AND MARKETING DIVISIONS, NAMES MILTON PRESIDENT.EXXONMOBIL - WILL COMBINE ITS REFINING AND MARKETING OPERATIONS INTO A SINGLE COMPANY, EXXONMOBIL FUELS & LUBRICANTS COMPANY, IN Q1 OF 2018.EXXONMOBIL - BRYAN MILTON, HAS BEEN APPOINTED PRESIDENT OF COMBINED DIVISION BY EXXONMOBIL'S BOARD OF DIRECTORS.EXXONMOBIL - ‍BRYAN MILTON'S APPOINTMENT AS PRESIDENT OF COMBINED DIVISION BY EXXONMOBIL'S BOARD OF DIRECTORS, EFFECTIVE JAN. 1, 2018​.EXXONMOBIL - EXXONMOBIL FUELS & LUBRICANTS TO MANAGE CRUDE PURCHASING & LOGISTICS, REFINING, TRADING, MIDSTREAM, MARKETING OF REFINED PRODUCTS.  Full Article

Exxon: Minimal Production Impact At Baytown Refinery After Compressor Shutdown
Thursday, 30 Nov 2017 09:10pm EST 

Nov 30 (Reuters) - EXXON MOBIL CORP ::EXXON SAYS MINIMAL IMPACT TO PRODUCTION AT BAYTOWN, TEXAS REFINERY AFTER UNPLANNED SHUTDOWN OF WET GAS COMPRESSOR.  Full Article

Exxon Reports Stopped Feed to Crude Unit After Fire at Beaumont Refinery
Tuesday, 28 Nov 2017 02:31pm EST 

Nov 28 (Reuters) - EXXON MOBIL CORP ::EXXON BEAUMONT, TEXAS, REFINERY REPORTS FIRE DUE TO LEAK AT PROCESS EQUIPMENT IN CRUDE UNIT A.EXXON BEAUMONT, TEXAS, REFINERY REPORTS STOPPED FEED TO CRUDE UNIT A AND EXTINGUISHED THE FIRE.  Full Article

ExxonMobil Starts Production At Hebron Field
Tuesday, 28 Nov 2017 10:00am EST 

Nov 28 (Reuters) - Exxon Mobil Corp ::EXXONMOBIL STARTS PRODUCTION AT HEBRON FIELD.PROJECT EXPECTS TO PRODUCE UP TO 150,000 BARRELS OF OIL PER DAY AT PEAK FROM HEBRON FIELD​ .  Full Article

Exxon aims to boost Permian output 45 pct/year through 2020
Friday, 27 Oct 2017 10:56am EDT 

Oct 27 (Reuters) - Exxon Mobil Corp :Says no plans to make any share repurchases in Q4.Says will grow Permian rig count to 30 - from 20 currently - by end of 2018.Says will drill first 3-mile lateral in Permian by end of year.Says Permian production will grow 45 percent per year through 2020.Says expects 2018 capital budget 'in the general ballpark' of about $25 billion.Says considering two more phases of Guyana project given recent success in oil project there.  Full Article

Exxon Mobil reports Q3 earnings per share of $0.93
Friday, 27 Oct 2017 08:00am EDT 

Oct 27 (Reuters) - Exxon Mobil Corp ::Exxon Mobil earnings rise 50 percent to $4 billion on solid business performance.Q3 earnings per share $0.93.Q3 2017 ‍earnings of $4 billion increased 50 percent from q3 of 2016​.Says Hurricane Harvey reduces earnings by an estimated $160 million, or 4 cents per share in quarter​.Quarterly total revenues and other income $‍66,165​ million versus $58,677 million.Quarterly ‍liquids production totaled 2.3 million barrels per day, up 69,000 barrels per day​.Q3 2017 ‍capital and exploration expenditures were $6 billion, including an aromatics plant acquisition in Singapore​.Quarterly ‍cash flow from operations and asset sales increased 33 percent to $8.4 billion​.Quarterly ‍oil-equivalent production was 3.9 million barrels per day, up 2 percent from prior year​.Quarterly ‍natural gas production was 9.6 billion cubic feet per day, down 16 million cubic feet per day​.Quarterly worldwide refinery throughput ‍4,287​ kbd versus. 4,365 kbd.Says ‍upstream earnings were $1.6 billion in Q3 of 2017, up $947 million from Q3 of 2016​.Quarterly ‍chemical earnings of $1.1 billion were $79 million lower than Q3 of 2016​.Quarterly ‍downstream earnings were $1.5 billion, up $303 million from Q3 of 2016.Q3 earnings per share view $0.86, revenue view $63.39 billion -- Thomson Reuters I/B/E/S​​.CEO Darren Woods - "‍generated cash flow from operations and asset sales that more than covered our dividends and net investments in business​".  Full Article

Exxonmobil says ‍declared cash dividend of $0.77 per share on common stock
Wednesday, 25 Oct 2017 03:44pm EDT 

Oct 25 (Reuters) - Exxon Mobil Corp :Says ‍declared a cash dividend of $0.77 per share on common stock, payable on Dec 11.  Full Article

Exxonmobil says Neuquén Province approves investment plan for Los Toldos I South Block
Wednesday, 25 Oct 2017 10:26am EDT 

Oct 25 (Reuters) - Exxon Mobil Corp :Neuquén Province approves Exxonmobil’s investment plan for Los Toldos I South Block.Says Neuquén Province Government approved investment plan for development of 35-year unconventional exploitation concession.Says ‍initial project investment approximately $200 million​.  Full Article

ExxonMobil acquires a crude oil terminal in Texas from Genesis Energy
Wednesday, 18 Oct 2017 01:54pm EDT 

Oct 18 (Reuters) - Exxon Mobil Corp ::ExxonMobil acquires crude oil terminal to serve growing Permian Basin production.has acquired a crude oil terminal in Wink, Texas from Genesis Energy LP​.  Full Article

ExxonMobil begins production on polyethylene line at Mont Belvieu plastics plant
Tuesday, 17 Oct 2017 11:00am EDT 

Oct 17 (Reuters) - ExxonMobil Chemical Company::ExxonMobil begins production on new polyethylene line at Mont Belvieu plastics plant.ExxonMobil Chemical Company​ - ‍mont Belvieu plant capacity will total more than 2.5 million tons per year.  Full Article

PRESS DIGEST- Financial Times - Jan 16

Jan 16 The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.