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Exxon Mobil Corp (XOM.N)

XOM.N on New York Stock Exchange

81.42USD
24 Nov 2017
Change (% chg)

$0.32 (+0.39%)
Prev Close
$81.10
Open
$81.34
Day's High
$81.69
Day's Low
$81.22
Volume
1,334,525
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$93.21
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$76.05

Latest Key Developments (Source: Significant Developments)

Exxon aims to boost Permian output 45 pct/year through 2020
Friday, 27 Oct 2017 

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 

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
Thursday, 26 Oct 2017 

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 

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 

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 

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

ExxonMobil expanding New Jersey research and engineering center
Friday, 13 Oct 2017 

Oct 13 (Reuters) - ExxonMobil Corp :ExxonMobil expanding New Jersey research and engineering center.ExxonMobil - ‍new facilities include an engine test center and a lubricant research and development blend plant​.ExxonMobil - ‍expansion of facility expected to be completed in 2019 and will include employees relocating from research facility in paulsboro, n.j.​.ExxonMobil - ‍expanded facility in clinton will include a new engine testing center, a lubricant research and development blend plant.  Full Article

EDF's Edison confirms talks under way to sell stake in Italy LNG terminal
Friday, 9 Jun 2017 

June 9 (Reuters) - Edison, the Italian energy group owned by France's EDF, says::confirms talks are under way to sell 7.3 percent stake in the liquefied natural gas facility Terminale LNG Adriatico located in northern Italy.confirms talks under way to sell the pipeline connecting the said terminal to Italy's gas transport grid and two offices in Milan hosting its headquarters.  Full Article

Oil Search to farm-in to acreage in onshore Papuan Gulf Basin
Monday, 29 May 2017 

May 29 (Reuters) - Oil Search Ltd :Oil Search farm-in to acreage in onshore papuan gulf basin.unit entered into arrangements regarding acquisition of a 30% interest in each of PPLs 474, 475, 476, 477 and PRL 39 from Exxonmobil affiliates​.  Full Article

S&P says Exxon Mobil outlook revised to negative from stable‍​
Thursday, 25 May 2017 

May 24 (Reuters) - Exxon Mobil Corp ::S&P says Exxon Mobil Corp outlook revised to negative from stable on weak credit measures; ratings affirmed‍​.  Full Article

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Hoegh LNG pulls out of Pakistan LNG import project

LONDON Shipping company Hoegh LNG on Friday cancelled a deal to provide a floating import terminal for a liquefied natural gas (LNG) project being developed by Turkish company Global Energy Infrastructure Limited (GEI) in Pakistan.