Edition:
United States

Exxon Mobil Corp (XOM)

XOM on New York Consolidated

79.34USD
19 Apr 2018
Change (% chg)

$0.12 (+0.15%)
Prev Close
$79.22
Open
$79.32
Day's High
$79.82
Day's Low
$78.81
Volume
7,694,480
Avg. Vol
14,540,983
52-wk High
$89.30
52-wk Low
$72.15

Latest Key Developments (Source: Significant Developments)

L&T Technology Services Gets Contract From ExxonMobil Exploration
Sunday, 8 Apr 2018 11:07pm EDT 

April 9 (Reuters) - L&T Technology Services Ltd ::SAYS L&T TECHNOLOGY SERVICES GET MULTI-MILLION DOLLAR DIGITALIZATION CONTRACT FROM EXXONMOBIL EXPLORATION.  Full Article

Exxonmobil Bags Eight Deepwater Blocks In Latest Brazil Bid Round
Thursday, 29 Mar 2018 02:01pm EDT 

March 29 (Reuters) - Exxon Mobil Corp ::EXXONMOBIL WINS EIGHT DEEPWATER BLOCKS IN LATEST BRAZIL BID ROUND.SEISMIC DATA ACQUISITION PLANNED IN 2018 FOR OPERATED BLOCKS ANNOUNCED IN 2017.ADDS MORE THAN 640,000 NET ACRES TO EXXONMOBIL'S DEEPWATER PORTFOLIO OFFSHORE BRAZIL.NOW HAS INTERESTS IN 24 BLOCKS OFFSHORE BRAZIL.  Full Article

Woodside Petroleum Completes Acquisition Of Exxonmobil's Interest In Scarborough Gas Field
Wednesday, 28 Mar 2018 06:42pm EDT 

March 29 (Reuters) - Woodside Petroleum Ltd ::ACQUISITION OF EXXONMOBIL'S INTEREST IN SCARBOROUGH GAS FIELD HAS BEEN COMPLETED.  Full Article

Exxonmobil Considers Polypropylene Production Expansion Along U.S. Gulf Coast
Tuesday, 20 Mar 2018 09:00am EDT 

March 20 (Reuters) - Exxon Mobil Corp ::EXXONMOBIL CONSIDERS POLYPROPYLENE PRODUCTION EXPANSION ALONG U.S. GULF COAST.FINAL DECISION ON U.S. GULF COAST INVESTMENT, ANTICIPATED TO BE SEVERAL HUNDRED MILLION DOLLARS, EXPECTED LATER THIS YEAR.‍STARTED DETAILED WORK ON POTENTIAL U.S. GULF COAST PROJECT TO EXPAND POLYPROPYLENE MANUFACTURING CAPACITY BY UP TO 450,000 TONS A YEAR.POTENTIAL PROJECT WILL CREATE MORE THAN 600 JOBS DURING PEAK CONSTRUCTION, MORE THAN 60 PERMANENT JOBS WHEN PRODUCTION STARTS.‍FACILITY STARTUP FOR POTENTIAL U.S. GULF COAST PROJECT​ COULD COME AS EARLY AS 2021.  Full Article

Exxonmobil Senior Vice President Mark Albers To Retire
Thursday, 15 Mar 2018 04:11pm EDT 

March 15 (Reuters) - Exxon Mobil Corp ::EXXONMOBIL SENIOR VICE PRESIDENT MARK ALBERS TO RETIRE.EXXONMOBIL - ALBERS RETIREMENT IS EFFECTIVE APRIL 1, 2018​.  Full Article

Exxon CEO Says 'Every Intention' Of Meeting 2025 Profit Targets
Wednesday, 7 Mar 2018 02:17pm EST 

March 7 (Reuters) - Exxon Mobil Corp ::SAYS ITS PAPUA NEW GUINEA OPERATIONS ARE 'UNSCATHED' AFTER EARTHQUAKE.SAYS IN PAPUA NEW GUINEA 'THE INTEGRITY OF OUR FACILITIES HAS BEEN VERY, VERY GOOD' AFTER EARTHQUAKE.CEO DARREN WOODS SAYS HIS MAIN FOCUS IS BOOSTING RESULTS FOR COMPANY.CEO WOODS SAYS NOT TRYING TO COMPETE WITH LEGACY OF PREDECESSORS LEE RAYMOND, REX TILLERSON.CEO WOODS: 'WE SHOULD DO A HELL OF A LOT LESS TALKING AND A LOT MORE DELIVERING RESULTS'.CEO WOODS DECLINES TO SAY, WHEN ASKED, IF WILL RESIGN IF COMPANY DOES NOT MEET 2025 PROFIT TARGETS.CEO WOODS: 'I HAVE EVERY INTENTION OF MEETING THOSE TARGETS'.SAYS CONTINUES TO SUPPORT TAX ON CARBON.SAYS THINKS BIOFUELS NEED PRICES HIGHER THAN $100/TON TO BE COMPETITIVE IN MARKET.SAYS DOES NOT SEE ENOUGH INCENTIVES TO GROW CARBON CAPTURE AND SEQUESTRATION IN MARKETPLACE.  Full Article

IEA
Monday, 5 Mar 2018 08:30am EST 

LONDON, March 5 (Reuters) - A sharp increase in demand for distillates following new shipping fuel rules will fade quickly, the International Energy Agency said on Monday. :.  Full Article

ExxonMobil To Join Stanford Strategic Energy Alliance
Thursday, 1 Mar 2018 09:01am EST 

March 1 (Reuters) - Exxon Mobil Corp ::EXXONMOBIL TO JOIN STANFORD STRATEGIC ENERGY ALLIANCE.EXXONMOBIL - $20 MILLION COMMITMENT IN ADDITION TO CO'S GCEP INVESTMENT OF MORE THAN $100 MILLION.EXXONMOBIL - WILL CONTRIBUTE $20 MILLION IN FUNDING OVER FIVE YEARS TO RESEARCH AND DEVELOP LOWER-CARBON ENERGY SOLUTIONS.  Full Article

ExxonMobil Partners With Boston Celtics, Charlotte Hornets, Houston Rockets
Thursday, 1 Mar 2018 09:00am EST 

March 1 (Reuters) - Exxon Mobil Corp ::EXXONMOBIL - NEW, MULTI-YEAR MARKETING PARTNERSHIPS WITH BOSTON CELTICS, CHARLOTTE HORNETS, AND HOUSTON ROCKETS.  Full Article

Santos Update​s On Papua New Guinea Earthquake
Monday, 26 Feb 2018 05:40pm EST 

Feb 27 (Reuters) - Santos Ltd ::‍PNG EARTHQUAKE UPDATE​.‍GAS PRODUCTION AT PNG LNG HIDES PLANT AND KUTUBU GAS FACILITIES HAS BEEN SAFELY SHUT DOWN AS A PRECAUTIONARY MEASURE.PRODUCTION TO REMAIN SHUT-DOWN WHILE FULL ASSESSMENT OF IMPACT OF EARTHQUAKE IS MADE.ADVISED BY PNG LNG OPERATOR EXXONMOBIL PNG THAT NO STAFF OR CONTRACTORS HAVE BEEN INJURED.  Full Article

Photo

Exxon faces setback in Iraq as oil and water mix

LONDON/BASRA, Iraq Talks between Exxon Mobil and Iraq on a multi-billion-dollar infrastructure contract have reached an impasse, Iraqi officials and two industry sources said, in a potential setback to the oil major's ambitions to expand in the country.