Exxon Mobil Corporation (XOM)
Exclusive: China's Sinochem plans to exit US shale JV with Exxon, sources say
Chinese state-backed oil and chemicals company Sinochem is planning to sell its 40% stake in a U.S. shale joint venture with oil major Exxon Mobil , valued upwards of $2 billion, people familiar with the matter told Reuters.
Exxon Mobil Corporation (XOM) is Attracting Investor Attention: Here is What You Should Know
Exxon (XOM) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
From Guyana to the Permian Basin: How Exxon Mobil Is Positioning for the Future
Exxon Mobil Corp. (XOM, Financial) is an energy sector powerhouse that works with immense resources and strategic investments to propel its growth for the long term. In an ever-changing market landscape, the stock brings stability and resilience to any type of investor.
After Closing a $60 Billion Acquisition, ExxonMobil Is Doing a Little Housekeeping
ExxonMobil is working to sell some noncore assets in the Permian Basin following its Pioneer acquisition. The sales are part of its strategy to maintain a strong portfolio and financial profile.
ExxonMobil Plans $1B Sale of Permian Assets Amid Shale Focus
XOM intends to sell Permian Basin assets, including conventional wells, for $1 billion, as part of its strategy to enhance shale production post-Pioneer acquisition.
ExxonMobil Warns of Oil Supply Risks, Prices Could Surge 5X
XOM's analysis suggests that without sustained investment, global oil supply could shrink to 30 million bpd as early as 2030, potentially driving oil prices fivefold.
Exxon to sell some Permian assets, Bloomberg Law reports
Top U.S. oil firm Exxon Mobil is looking to sell oil assets in the Permian Basin which could fetch $1 billion, as the company focuses on growing shale production after buying Pioneer Natural Resources earlier this year, Bloomberg Law reported on Tuesday.
Stock Of The Day: Exxon Mobil Hits A Ceiling?
Resistance levels are a large concentration of traders and investors who are looking to sell their shares at, or close to, the same price. The “level” is typically more of a range than a particular price.
Texas A&M, ExxonMobil to Present at Inaugural Powder Bulk Solids Conference
The new addition of the Houston IPBS event marks its debut in the city, bringing best-in-class education and local expertise to the top engineering and processing hub in the nation. HOUSTON, TX / ACCESSWIRE / August 27, 2024 / The Powder & Bulk Solids Texas Conference (PBS TX Conference) , the event focused on bringing cutting-edge insights to engineers in the bulk materials and processing industry, has announced its agenda for the two-day gathering.
Exxon still expects fossil fuels to make up the majority of energy market in 25 years
Oil demand will plateau after 2030 but remain roughly at current levels of more than 100 million barrels per day through 2050, according to Exxon. The oil major projected that oil demand would remain at 85 million bpd in 2050 even if every new car sold in 2035 is an electric vehicle.
Exxon consortium's Guyana oil output drops to some 450,000 bpd, gov data says
An Exxon Mobil production consortium's crude output in Guyana fell to between 400,000 and 500,000 barrels per day from July 2 through the end of the month, according to government data seen by Reuters on Monday, a sign that work on production facilities has begun.
Want $1,000 in Dividend Income? Here's How Much You Have to Invest in ExxonMobil Stock.
Dividends can be powerful sources of income for retirees. Pre-retirees can benefit from dividends, too, as they can be reinvested in more shares of stock.
