|Bid||0.00 x 800|
|Ask||0.00 x 1100|
|Day's Range||80.92 - 81.94|
|52 Week Range||72.16 - 89.30|
|PE Ratio (TTM)||17.07|
|Earnings Date||Jul 26, 2018 - Jul 30, 2018|
|Forward Dividend & Yield||3.28 (4.07%)|
|1y Target Est||88.45|
The development of two plants is in sync with ExxonMobil's (XOM) strategy to allocate billions of dollars toward expansion of its Singapore-based integrated manufacturing facility.
ExxonMobil said today it has started production of hydrogenated hydrocarbon resin and halobutyl rubber at its integrated manufacturing complex in Singapore, the company’s largest integrated refining and petrochemical complex in the world. “These new plants enhance the competitiveness and strategic importance of ExxonMobil’s integrated manufacturing facility in Singapore, and are part of the company’s long-term plan for advantaged investments around the world,” said John Verity, president of the ExxonMobil Chemical Company. ExxonMobil’s new EscorezTM hydrogenated hydrocarbon resins plant will be the world’s largest with a capacity of 90,000 tonnes per year, and will meet long-term demand growth for hot-melt adhesives used in packaging or baby diapers.
Iraq is no longer in talks with Exxon Mobil Corp for the oil major to build a giant water treatment facility vital for the OPEC member to grow its oil production capacity, the director general of the Basrah Oil Co (BOC) told reporters on Wednesday. Instead, the BOC will award the contract to build the Common Seawater Supply Project (CSSP) through a tender process, which it expects to complete at the end of July, Ihsan Ismaael said on the sidelines of the OPEC seminar in Vienna.
Exxon Mobil Corporation (XOM) said today it made its eighth oil discovery offshore Guyana at the Longtail-1 well, creating the potential for additional resource development in the southeast area of the Stabroek Block. ExxonMobil encountered approximately 256 feet (78 meters) of high-quality, oil-bearing sandstone reservoir. The Stena Carron drillship commenced drilling on May 25, 2018.
In the preceding part, we reviewed analysts’ ratings for BP (BP). Now we’ll look at analysts’ ratings for ExxonMobil (XOM), which occupies the sixth spot in our list of seven integrated energy stocks. XOM is an American integrated energy company with upstream, downstream, and chemicals business segments.
GE's 110-year-plus run is coming to an end! The new longest-tenured Dow stock will celebrate its 90th anniversary in the iconic index this October.
Greece’s withering economy could use the extra income from oil & gas production, but so far, the country has only seen a few exploration successes
Large companies concerned that cybersecurity vulnerabilities at smaller partner firms will compromise their own networks and data are participating in an initiative to share defense techniques and hopefully make their entire ecosystems less vulnerable to attack. are working with the the nonprofit Cyber Readiness Institute to help the companies they work with better secure their systems, according to CRI managing director Kiersten Todt. CRI, founded by veterans of the Obama administration’s Commission on Enhancing National Cybersecurity, is collecting cybersecurity best practices from Fortune 500 companies and translating those policies into recommendations for enterprises without the budget for their own security staff.
ExxonMobil (XOM) is set to collaborate on a pipeline to ease the Permian glut, Chevron (CVX) starts production at second Wheatstone LNG train and Transocean (RIG) will retire four rigs.
The world’s soon-to-be top liquefied natural gas exporter is looking to import fuel due to a looming gas shortage which could threaten its growing market share
ExxonMobil PNG said on Tuesday it was investigating reports of vandalism on its Angore gas pipeline construction project in Papua New Guinea, amid ongoing tension in the Highlands region of the South Pacific nation. Papua New Guinea security forces are in the area and are also investigating, ExxonMobil PNG, a wholly owned unit of ExxonMobil Corp , said. "We are investigating reports of vandalism relating to the Angore pipeline construction project," an ExxonMobil spokeswoman said in emailed comments.
Flexibility is key when dealing with volatile commodities like oil and natural gas. These two oil majors have the most room to move.
Exxon Mobil (XOM) is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective.
ExxonMobil's (XOM) intends to construct a pipeline with Plains All American Pipeline (PAA) to address the pipeline bottleneck problem in the crowded Permian Basin.
Oil prices recovered Wednesday after data showed a sharp drop in U.S. inventories, even as production jumped toward 11 million, while Trump again blamed OPEC for high oil prices.
The oil giant’s recent partnership with an oil pipeline company could help alleviate a key problem facing producers.
The progress in the development of Exxon Mobil's (XOM) Liza Phase 1 is estimated to generate more than $7 billion in royalty and profit oil revenues.
Oil prices were mixed after OPEC reported a rise in production from Saudi Arabia ahead of a key meeting later this month.
With the monetization of midstream assets, Devon Energy (DVN) to is set to exceed its divestiture target, while Exxon Mobil (XOM) has decided to bet big on Brazil's offshore blocks.