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Exxon Mobil Corp (XOM.N)

XOM.N on New York Stock Exchange

81.13USD
18 Apr 2019
Change (% chg)

$-0.30 (-0.37%)
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Latest Key Developments (Source: Significant Developments)

Exxon: Minimal Production Impact Post April 16 Issue at Baytown Refinery
Thursday, 18 Apr 2019 

April 18 (Reuters) - EXXON MOBIL CORP ::EXXON ON WEDNESDAY SAID THERE WAS MINIMAL IMPACT TO PRODUCTION AT THE BAYTOWN, TEXAS REFINERY, FOLLOWING AN OPERATIONAL ISSUE ON APRIL 16.  Full Article

ExxonMobil Wins Three Blocks In Argentina Offshore Bid Round
Wednesday, 17 Apr 2019 

April 16 (Reuters) - Exxon Mobil Corp ::EXXONMOBIL WINS THREE BLOCKS IN ARGENTINA OFFSHORE BID ROUND.EXXONMOBIL - ADDS APPROXIMATELY 2.6 MILLION NET ACRES TO UPSTREAM HOLDINGS IN ARGENTINA.EXXONMOBIL - ACQUISITION BUILDS ON EXISTING ARGENTINA PRESENCE IN NEUQUÉN PROVINCE.EXXONMOBIL - EXXONMOBIL WILL OPERATE BLOCKS WITH 70 PERCENT WORKING INTEREST.EXXONMOBIL - BLOCKS ARE LOCATED IN MALVINAS BASIN, ABOUT 200 MILES (320 KILOMETERS) OFFSHORE TIERRA DEL FUEGO AND INCLUDE MLO-113, MLO-117 AND MLO-118.EXXONMOBIL - A QATAR PETROLEUM AFFILIATE WILL HOLD REMAINING 30 PERCENT.  Full Article

Exxon Mobil Says CEO Woods' 2018 Total Compensation Was $18.8 Mln
Thursday, 11 Apr 2019 

April 11 (Reuters) - Exxon Mobil Corp ::EXXONMOBIL SAYS CEO D.W. WOODS' 2018 TOTAL COMPENSATION WAS $18.8 MILLION VERSUS $17.5 MILLION IN 2017.EXXONMOBIL SAYS RATIO OF ANNUAL TOTAL COMPENSATION OF CEO FOR 2018 TO MEDIAN OF ANNUAL TOTAL COMPENSATION OF ALL EMPLOYEES WAS 110:1 - SEC FILING.EXXONMOBIL SAYS SENIOR VICE PRESIDENT N.A. CHAPMAN'S 2018 TOTAL COMPENSATION WAS $9.6 MILLION.EXXONMOBIL - A.P. SWIGER, SENIOR VICE PRESIDENT & PFO, 2018 TOTAL COMPENSATION WAS $12.1 MILLION VERSUS $11.2 MILLION IN 2017.EXXONMOBIL SAYS SENIOR VICE PRESIDENT J.P. WILLIAMS, JR'S 2018 TOTAL COMPENSATION WAS $9.4 MILLION.EXXONMOBIL SAYS SHAREHOLDERS SUBMIT PROPOSAL REQUESTING CO CHARTER NEW BOARD COMMITTEE ON CLIMATE CHANGE.EXXONMOBIL SAYS RECOMMENDS SHAREHOLDERS VOTE AGAINST PROPOSAL ON CLIMATE CHANGE COMMITTEE.EXXONMOBIL - EFFECTIVE JANUARY 1, 2019, ANNUAL SALARY WAS INCREASED FOR CHAIRMAN AND CEO WOODS TO $1.5 MILLION.EXXONMOBIL - EFFECTIVE APRIL 1, 2019, ANNUAL SALARY WAS INCREASED FOR PFO SWIGER TO $1.5 MILLION.  Full Article

Tecnicas Reunidas Wins EPC Contract For Expansion Of Exxomobil Singapore Refinery
Tuesday, 2 Apr 2019 

April 2 (Reuters) - Tecnicas Reunidas ::SAYS WINS EPC CONTRACT FROM EXXONMOBIL FOR EXPANSION OF ITS SINGAPORE REFINERY .SAYS LSTK CONTRACT HAS A VALUE OF ABOUT 1.5 BILLION DOLLARS OVER A DURATION OF 43 MONTHS.  Full Article

MHI Technology Selected For Rovuma LNG Project, Mozambique
Monday, 1 Apr 2019 

April 1 (Reuters) - Mitsubishi Heavy Industries Ltd <7011.T>::MHI TECHNOLOGY SELECTED FOR ROVUMA LNG PROJECT, MOZAMBIQUE.MITSUBISHI HEAVY INDUSTRIES-REACHED DEAL WITH EXXONMOBIL,ITS CO-VENTURE PARTNERS TO SUPPLY H-100 GAS TURBINE,COMPRESSOR PACKAGES FOR ROVUMA LNG PROJECT.  Full Article

Exxonmobil Says 2019 Value Growth Plans On Track With Additional Upside
Wednesday, 6 Mar 2019 

March 6 (Reuters) - Exxon Mobil Corp ::EXXONMOBIL - 2019 VALUE GROWTH PLANS ON TRACK WITH ADDITIONAL UPSIDE.EXXONMOBIL - EXPECTS EARNINGS, CASH FLOW, AND RETURN PROFILE GROW IN A FLAT PRICE ENVIRONMENT IN 2019.EXXONMOBIL SEES EARNINGS GROWTH BY MORE THAN $4 BILLION FROM 2019 TO 2020 - PRESENTATION.EXXONMOBIL - SEES ABOUT 5.5 BOEB; 750 KBD BY 2025 FROM UPSTREAM PRODUCTION IN GUYANA.EXXONMOBIL SEES CASH FLOW GROWTH BY MORE THAN $5 BILLION FROM 2019 TO 2020.EXXONMOBIL - SEES ASSET SALES OF $15 BILLION BY 2021.EXXONMOBIL - SEES MORE THAN 1,000 KOEBD UPSTREAM PRODUCTION FROM PERMAIN BY 2024.EXXONMOBIL SEES 2019/2020 UPSTREAM CASH FLOW UP MORE THAN 6 PERCENT.EXXONMOBIL SEES 2024/2025 UPSTREAM CASH FLOW UP MORE THAN 9 PERCENT.EXXONMOBIL - SEES 2019-2020 TOTAL CAPEX OF $63 BILLION-$65 BILLION.EXXONMOBIL SEES 2019-2020 UPSTREAM CAPEX OF $46 BILLION-$48 BILLION.EXXONMOBIL SEES 2019-2020 DOWNSTREAM CAPEX OF $9 BILLION.EXXONMOBIL SEES 2019-2020 CHEMICAL CAPEX OF $8 BILLION.EXXONMOBIL - ON TRACK TO INCREASE CHEMICAL EARNINGS POTENTIAL 45% BY 2020, MORE THAN DOUBLE IN 2025.EXXONMOBIL - SEES TOTAL EARNINGS POTENTIAL OF $25.1 BILLION IN 2020.EXXONMOBIL - SEES TOTAL EARNINGS POTENTIAL OF $36.7 BILLION FOR 2025.EXXONMOBIL - ON TRACK TO INCREASE DOWNSTREAM EARNINGS POTENTIAL 60% BY 2020, NEARLY DOUBLES BY 2025.  Full Article

Exxonmobil Sees Annual Earnings Potential To Rise By More Than 140 Pct By 2025 From 2017 Adjusted Earnings
Wednesday, 6 Mar 2019 

March 6 (Reuters) - Exxon Mobil Corp ::EXXONMOBIL UPDATES GROWTH PLANS, SIGNIFICANT ADDITIONAL UPSIDE POSSIBLE.EXXONMOBIL - EXPECTS ANNUAL EARNINGS POTENTIAL TO INCREASE BY MORE THAN 140 PERCENT BY 2025 FROM 2017 ADJUSTED EARNINGS.EXXONMOBIL - RETURN ON CAPITAL EMPLOYED EXPECTED TO DOUBLE BY 2025.EXXONMOBIL - ON TRACK TO SIGNIFICANTLY INCREASE CASH FLOW FROM OPERATIONS AND ASSET SALES.EXXONMOBIL - CUMULATIVE EARNINGS POTENTIAL FROM 2019 THROUGH 2025 HAS INCREASED BY ABOUT $9 BILLION.EXXONMOBIL - EXPECTS ANNUAL CASH FLOW FROM OPERATIONS TO REACH $60 BILLION IN 2025, ASSUMING OIL PRICES AT $60 PER BARREL AND 2017 MARGINS.EXXONMOBIL - EXPECTS TO DOUBLE RETURN ON CAPITAL EMPLOYED BY 2025 UNDER $60 PER BARREL PRICE SCENARIO.  Full Article

ExxonMobil To Fund Polypropylene Unit To Expand Baton Rouge Operations
Friday, 1 Mar 2019 

March 1 (Reuters) - Exxon Mobil Corp ::EXXONMOBIL TO FUND POLYPROPYLENE UNIT TO EXPAND BATON ROUGE OPERATIONS.EXXONMOBIL - GULF COAST POLYPROPYLENE CAPACITY TO INCREASE BY 450,000 TONS PER YEAR.EXXONMOBIL - CONSTRUCTION IN BATON ROUGE BEGINS IN 2019; PRODUCTION STARTUP IN 2021.EXXONMOBIL - NEW PROJECT IS IN ADDITION TO CO'S PREVIOUSLY ANNOUNCED PLANS TO INVEST $20 BILLION IN U.S. GULF REGION AS PART OF GROWING GULF INITIATIVE.EXXONMOBIL - ENGINEERING, PROCUREMENT & CONSTRUCTION CONTRACT FOR POLYPROPYLENE UNIT AWARDED TO BATON ROUGE-BASED TURNER INDUSTRIES & JACOBS ENGINEERING.  Full Article

NY State Comptroller Asks Exxon To Disclose Greenhouse Gas Emission Targets
Tuesday, 26 Feb 2019 

Feb 25 (Reuters) - NEW YORK STATE COMPTROLLER::NY STATE COMPTROLLER DISCLOSES RESOLUTION ASKING EXXONMOBIL TO DISCLOSE SHORT, MEDIUM, LONG RANGE TARGETS FOR GREENHOUSE GAS EMISSIONS - SEC FILING.NY STATE COMPTROLLER SAYS EXXON RECENTLY CHALLENGED RESOLUTION WITH SEC; COMPTROLLER WORKING WITH LEGAL TEAM ON A DEFENSE - SEC FILING.  Full Article

Air Products Wins Contract For Golden Pass LNG Export Project
Monday, 18 Feb 2019 

Feb 18 (Reuters) - Air Products ::AIR PRODUCTS WINS CONTRACT FOR GOLDEN PASS LNG EXPORT PROJECT.AIR PRODUCTS - AGREEMENT TO PROVIDE ITS PROPRIETARY LNG TECHNOLOGY , EQUIPMENT, AND RELATED PROCESS LICENSE TO GOLDEN PASS PRODUCTS LLC.AIR PRODUCTS - CO'S LNG TECHNOLOGY IS TO BE OPERATIONAL WHEN GOLDEN PASS FACILITY STARTS-UP IN 2024.  Full Article

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BP, SOCAR sign deal to build new Azeri oil exploration platform

BAKU Oil major BP and Azerbaijan's state energy company SOCAR signed an agreement on Friday to build a new exploration platform for the South Caucasus nation's three major oilfields, BP-Azerbaijan said in a statement.