Exxon Mobil Corporation stock price

Exxon Mobil Corporation latest news:


  • 02/22/2018 09:31:58

    Energy ETF rallies on crude-oil spike, Chesapeake results

    The largest exchange-traded fund to track the energy sector rallied on Thursday, advancing alongside a gain in the price of crude oil, as well as positive corporate results. The Energy Select Sector SPDR ETF added 2.1% and was by far the biggest gainer among the 10 SPDR sector funds. The ETF was supported by crude-oil prices, which rose 1.4% following an unexpected decline in inventories, which pointed to improved demand. Among the biggest gainers in the sector was Chesapeake Energy Corp. , which surged 24% after it reported fourth-quarter results that beat expectations. Among other big movers, Exxon Mobil Corp. added 2.2% while Occidental Petroleum Corp. gained 2.1%. Despite the rally on the day, the energy ETF is down 4.7% over the past 12 months, making it the worst performer of the SPDR sector funds. The Dow Jones Industrial Average rose 1.2% on Thursday while the S&P 500 was up 1% and the Nasdaq Composite Index was up 0.8%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 02/19/2018 17:13:08

    PNG LNG, Papua LNG partners agree on 8 mtpa LNG expansion - Oil Search

    MELBOURNE, Feb 20 (Reuters) - ExxonMobil Corp, Total SA and their partners in gas projects in Papua New Guinea (PNG) have broadly agreed on how they want to expand the PNG LNG project using gas from new and existing fields, Oil Search Ltd said on Tuesday.

  • 02/09/2018 09:06:49

    (OFFICIAL)-Exxon's reserves jump 19 percent on growth in U.S. shale, UAE

    By Ernest Scheyder. Exxon Mobil Corp (XOM) said on Thursday its oil and gas reserves surged 19 percent last year, thanks to growth in U.S. shale, the United Arab Emirates and Guyana, with a portfolio large enough to pump for the next 14 years at least.

  • 02/09/2018 09:03:10

    CORRECTED (OFFICIAL)-Exxon's reserves jump 19 percent on growth in U.S. shale, UAE

    HOUSTON, Feb 8 (Reuters) - Exxon Mobil Corp said on Thursday its oil and gas reserves surged 19 percent last year, thanks to growth in U.S. shale, the United Arab Emirates and Guyana, with a portfolio large enough to pump for the next 14 years at least.

  • 02/08/2018 09:13:29

    Exxon's reserves jump 19 percent on growth in U.S. shale, UAE

    Exxon Mobil Corp(XOM) said on Thursday its oil and gas reserves surged 19 percent last year, thanks to growth in U.S. shale, the United Arab Emirates and Guyana, with a portfolio large enough to pump for the next 14 years at least.

  • 02/05/2018 14:08:48

    Dow suffers biggest point drop ever as stocks close broadly lower

    U.S. stocks closed sharply lower on Monday, extending the market's recent slump as investors continued to fret that the Federal Reserve could become more aggressive in raising interest rates. The Dow Jones Industrial Average fell 4.6%, or 1,175 points, to 24,346. On a percentage basis, the day represented the biggest one-day drop for the blue-chip average since August 2011. On a point basis, it was the Dow's biggest drop ever. The S&P 500 fell 4.1%, or 113 points, to 2,649. The Nasdaq Composite Index fell 273 points, or 3.8%, to 6,967, in its fourth-biggest one-day point decline ever. Monday represented the biggest one-day percentage drop for both the S&P and the Nasdaq since June 2016, when markets sold off in the wake of the U.K.'s vote to leave the European Union. The Dow, the S&P 500, and the Russell 2000 all turned lower for the year on Monday, and they all neared correction territory, which is typically defined as a 10% drop from a recent peak. The Dow is 8.6 percentage points from its record, while the S&P is 7.8 percentage points. Even these moves-the magnitudes of which are historically quite common-represent notable reversals from recent trends. Prior to the day's drop, the S&P 500 had gone more than a year without a 5% drop, a stretch of quiet that was unprecedented in its length. The day's losses were broad, with all 11 primary S&P 500 sectors ending lower by at least 1%. Financials were the biggest decliners of the day, off 5%, while tech, industrials, health-care, energy, and telecommunications all dropped more than 4%. Exxon Mobil Corp. shed 5.7% in its biggest one-day drop since Aug. 2011.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 02/05/2018 13:35:27

    Energy ETF slumps 4%; Exxon on track for biggest two-day drop since 2008

    The largest exchange-traded fund to track the energy sector fell on Monday and was the biggest declining sector of the day. The Energy Select Sector SPDR ETF sank 4.3% in its biggest one-day decline since January 2016, edging out a 4.2% decline that occurred in Friday's session. The fund has shed more than 10% since a recent intraday peak hit on Jan. 24. Exxon Mobil was the biggest drag on the group, sinking 5.4%. The Dow component has lost more than 9% over the past two sessions, which is on track to be its biggest two-day decline since November 2008. Among other companies, Chevron Corp. fell 5.5% while Occidental Petroleum Corp. sank 3.5% and Marathon Oil Corp. was off 4.4%. Much of the sector's weakness was attributed to crude oil prices, which shed 2.4% on ongoing concerns over rising production, which could mean excessive supply. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 02/03/2018 10:18:23

    Exxon sees limited impact on business from climate policies

    Exxon Mobil says in a new report that policies to combat climate change won't have much effect on its business and demand for fossil fuels will remain strong for decades.

  • 02/02/2018 16:53:21

    Exxon sees global oil demand plunging by 2040 under climate regulations

    Exxon Mobil Corp(XOM) said on Friday that it expects global oil demand to drop sharply by 2040 if regulations aimed at limiting the impact of greenhouse gas emissions on climate are fully implemented. Under this scenario, Exxon projected world oil consumption will drop 0.4 percent annually to 2040 to about 78 million barrels per day.

  • 02/02/2018 16:53:01

    UPDATE 1-Exxon sees global oil demand plunging by 2040 under climate regulations

    HOUSTON, Feb 2 (Reuters) - Exxon Mobil Corp said on Friday that it expects global oil demand to drop sharply by 2040 if regulations aimed at limiting the impact of greenhouse gas emissions on climate are fully implemented.

  • 02/02/2018 13:18:20

    Exxon, Chevron shares plunge after weak results spook Street

    Exxon Mobil Corp(XOM) and Chevron Corp posted rare quarterly earnings misses on Friday as cost cuts and rising oil prices failed to offset weakness in international refining operations, sending shares of both companies plunging.

  • 02/02/2018 12:50:59

    All 30 Dow stocks fall, as the point decline exceeds that of Black Monday's

    With the Dow Jones Industrial Average plunging 535 points, all 30 of the components are trading lower, led by the 6.1% tumbled in Exxon Mobil Corp.'s stock. Of the components, 22 are down more than 1%, 13 are down more than 2%, 6 are down over 3%, and 2 are down over 4%, including Chevron Corp. , which is shedding 4.9%. The biggest price decliner is Goldman Sachs Group Inc.'s stock , which dropped $9.53, or 3.5%. The best performer is Walmart Inc. shares , which is up 0.4%. On thing to put the selloff in perspective, the Dow's point decline is greater than Black Monday, when it plunged 507.99 points on Oct. 19, 1987. But at that time, the percentage plunge was 22.61%, while the current percentage selloff of 2.04%. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 02/02/2018 12:08:22

    Refining weakness drags down Exxon, Chevron results; shares plunge

    HOUSTON (Reuters) - Exxon Mobil Corp and Chevron Corp posted rare quarterly earnings misses on Friday as cost cuts and rising oil prices failed to offset weakness in international refining operations, sending shares of both companies plunging.

  • 02/02/2018 10:08:41

    BRIEF-Exxon sees ethylene demand growing 5 mln tonnes annually

    Exxon Mobil Corp(XOM): * SAYS PLANS TO DRILL 15 TO 20 3-MILE LATERAL WELLS IN NORTH DAKOTA'S BAKKEN SHALE THIS YEAR. * SAYS SEES ETHYLENE DEMAND GROWING 5 MILLION/TONNES ANNUALLY Source text for Eikon: Further company coverage:

  • 02/02/2018 07:49:00

    Exxon profit misses expectations; sees $5.9B tax gain

    HOUSTON, Feb 2 (Reuters) - Exxon Mobil Corp, the world's largest publicly-traded oil producer, posted a lower-than-expected quarterly profit on Friday due to falling production and weakness in its chemical and refining operations, sending shares down 2.7 percent in premarket trading.

  • 02/02/2018 07:35:32

    Exxon misses Street 4Q forecasts

    Exxon Mobil posts 4Q profit, results miss Wall Street estimates

  • 02/02/2018 07:33:23

    Exxon profit misses Street on refining, chemical weakness

    Exxon Mobil Corp(XOM), the world's largest publicly-traded oil producer, posted a lower-than-expected quarterly profit on Friday due to falling production and weakness in its chemical and refining operations, sending shares down 3.6 percent in morning trading.

  • 02/02/2018 07:05:25

    Exxon Mobil Earnings Soar on Tax Benefit Despite Production Decline


  • 02/01/2018 13:34:01

    Exxon Mobil names MetLife CEO Kandarian to its board

    HOUSTON, Feb 1 (Reuters) - Exxon Mobil Corp, the world's largest publicly-traded oil producer, named MetLife Inc Chief Executive Steven Kandarian to its board of directors on Thursday.

  • 02/01/2018 12:48:01

    BRIEF-Exxonmobil Elects Steven Kandarian To Board

    * SAYS KANDARIAN IS CHAIRMAN, PRESIDENT AND CHIEF EXECUTIVE OFFICER OF METLIFE

  • 01/30/2018 15:50:25

    Exxon to triple its West Texas Permian Basin production, expand infrastructure

    Exxon Mobil Corp. on Tuesday said it plans to triple its Permian Basin daily production to more than 600,000 oil-equivalent barrels by 2025, and that "tight" oil production from the Delaware and Midland, two of the largest lobes that comprise the Permian, will increase five-fold in the same period. Exxon also plans on investing $2 billion on transportation infrastructure to support the Permian operations, saying in a statement that changes brought by the U.S. tax overhaul "create an environment for increased future capital investments." The news comes a day after Chief Executive Darren Woods announced a $50 billion investment over the next five years in Exxon's domestic production, and ahead of company earnings before the bell Friday. Exxon in January 2017 beefed up its presence in the Permian with a $6 billion deal with the Bass family. Exxon shares fell 0.2% in late trading after ending the regular session down 1.4%. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 01/30/2018 09:04:37

    Exxon aims to triple Permian shale output over next seven years

    HOUSTON, Jan 30 (Reuters) - Exxon Mobil Corp said on Tuesday it plans to triple its oil and natural production in the Permian Basin of West Texas and New Mexico by 2025 and spend $2 billion there to expand a crude storage terminal.

  • 01/29/2018 16:08:00

    Exxon says 'historic' tax reform will support $50 billion spending plan

    The oil giant's CEO said Exxon Mobil may further expand along the Gulf Coast as a result of tax cuts.

  • 01/29/2018 14:20:43

    Exxon plans major U.S. investments due to tax reform: CEO

    HOUSTON (Reuters) - Exxon Mobil Corp plans to invest billions of dollars in the United States due in part to recently approved corporate tax rate cuts, the company's chief executive said on Monday.

  • 01/29/2018 14:15:55

    Exxon plans major U.S. investments due to tax reform -CEO

    Exxon Mobil Corp(XOM) plans to invest billions of dollars in the United States due in part to recently approved corporate tax rate cuts, the company's chief executive said on Monday. Darren Woods, head of the world's largest publicly traded oil producer, said in a blog post on the company's website that Exxon expects to spend $50 billion in U.S. projects over the next five years.

  • 01/29/2018 13:52:20

    U.S. tax reform may spur new expansion projects: Exxon chief

    HOUSTON (Reuters) - Exxon Mobil Corp is considering major new U.S. investments in light of the nation's tax reform that slashed corporate income taxes, the company's chief executive said on Monday.

  • 01/19/2018 13:22:22

    BRIEF-Exxonmobil To Change Presentation Of Some Line Items‍​ In Upcoming Earnings

    Exxon Mobil Corp(XOM): * EXXONMOBIL(XOM) - WISHES TO NOTIFY INVESTORS THAT UPCOMING EARNINGS REPORT WILL REFLECT A CHANGE IN THE FORM OF PRESENTATION OF CERTAIN LINE ITEMS‍​. * EXXONMOBIL (XOM) - ‍EFFECTIVE DEC 31, CO REVISED ACCOUNTING POLICY ELECTION RELATED TO REPORTING OF SALES, EXCISE AND VALUE-ADDED TAXES ASSESSED ON CUSTOMERS​. * EXXONMOBIL SAYS EFFECTIVE DEC 31, 2017, CO RECLASSIFIED U.S. FEDER...

  • 01/15/2018 15:19:31

    BRIEF-Exxonmobil Encounters Hydrocarbons Onshore Papua New Guinea

    * EXXONMOBIL ENCOUNTERS HYDROCARBONS ONSHORE PAPUA NEW GUINEA

  • 01/10/2018 10:39:28

    New York sues fossil fuel majors, plans divestment from pension funds

    New York City on Wednesday filed a multibillion dollar lawsuit against five top fossil fuel companies, citing their "contributions to global warming," as it unveiled a plan to cut fossil fuel investments from its $189 billion public pension funds over the next five years. The companies are BP Plc (BP), Chevron Corp (CVX), ConocoPhillips (COP), Exxon Mobil Corp (XOM) and Royal Dutch Shell Plc.

  • 01/03/2018 14:01:21

    IBM, Exxon Mobil Lifted the DJIA on Wednesday


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