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Exxon Mobil News (NYSE:XOM)

DateTimeSource
Headline
08/25/20163:03AMDJNOil Firms Binge on Debt -- WSJ
Surge in borrowing amid low crude prices raises fears on capital spending, dividends By Selina Williams and Bradley Olson Some of the world's largest energy companies are saddled with their highest debt levels ever as they struggle with low crude prices, raising worries about their ability to pay dividends and find... More...>>
08/24/20165:12PMDJNLargest Oil Companies' Debts Hit Record High -- Update
By Selina Williams and Bradley Olson Some of the world's largest energy companies are saddled with their highest debt levels ever as they struggle with low crude prices, raising worries about their ability to pay dividends and find new barrels. Exxon Mobil Corp., Royal Dutch Shell PLC, BP PLC and Chevron Corp. hold... More...>>
08/24/20165:59AMDJNLargest Oil Companies' Debts Hit Record High
By Selina Williams and Bradley Olson Some of the world's largest energy companies are saddled with their highest debt levels ever as they struggle with low crude prices, raising worries about their ability to pay dividends and find new barrels. Exxon Mobil Corp. Royal Dutch Shell PLC, BP PLC and Chevron Corp. hold... More...>>
08/22/20168:56PMDJNOil Search Profit Hit by Weak Prices, Dents Dividend
By Robb M. Stewart MELBOURNE, Australia--Oil Search Ltd.'s (OSH.AU) interim dividend was slashed by the sharp fall in oil and gas prices that hit the Papua New Guinea-focused company's first-half earnings. Net profit fell 89% to US$25.6 million in the six months through June from US$227.5 million a year earlier... More...>>
08/19/20164:45PMBWExxonMobil Contributes $500,000 to Flood Relief in Louisiana
American Red Cross and Food Bank to Receive Funding Exxon Mobil Corporation (NYSE:XOM) announced today that it will donate $500,000 to the American Red Cross and the Greater Baton Rouge Food Bank to support local flooding disaster relief assistance in Louisiana. “Our thoughts and prayers are with our friends and neighbors... More...>>
08/18/20162:00PMBWExxonMobil and Georgia Tech Innovation Could Lead to Significant Cuts in Chemical Manufacturing Energy Use and Emissions
Molecular-level filter could revolutionize energy-intense chemical process Significantly reduces amount of energy used in polyester and plastic manufacturing Research published in nation’s leading peer-reviewed journal, Science Scientists from ExxonMobil and the Georgia Institute of Technology have developed a potentially... More...>>
08/15/20169:40PMDJNSome International Companies Cautiously Return to Iraq
BASRA, Iraq—For years, Iraq has careened from crisis to crisis. Now, some foreign companies see opportunity as the turmoil appears to be subsiding. After disruptive anti-corruption protests earlier this year, a degree of stability has returned to parliament. Weak oil prices that sapped its economy have staged a fragile... More...>>
08/12/20161:51PMDJNMARKET SNAPSHOT: Stocks Slip Off Records As A Drop In Miners, Chemicals Offsets Energy Rally
By Ellie Ismailidou and Wallace Witkowski, MarketWatch Weak data on retail sales, wholesale prices weigh on the benchmarks U.S. stocks retreat to session lows Friday, putting weekly gains in jeopardy, as weakness in shares of mining and chemical companies, along with a rise in active oil rigs, blunted an advance in the... More...>>
08/12/20161:18PMDJNMARKET SNAPSHOT: Stocks Slip Off Records As A Drop In Miners Offsets Energy Rally
By Ellie Ismailidou and Wallace Witkowski, MarketWatch Weak data on retail sales, wholesale prices weigh on the benchmarks U.S. stocks slipped toward session lows Friday as weakness in shares of mining companies blunted an advance in energy, led by rising oil prices. The slump kept all three main stock-market benchmarks... More...>>
08/12/201612:03PMDJNMARKET SNAPSHOT: Stocks Pare Losses As Energy Stocks Rally
By Ellie Ismailidou and Victor Reklaitis, MarketWatch But weak data on retail sales, wholesale prices weigh on the benchmarks U.S. stocks pared early losses on Friday led by gains in energy stocks as oil prices rose, but all three main benchmarks were still below the record levels they set a day earlier. Investors grappled... More...>>
08/08/20162:05PMDJNMARKET SNAPSHOT: Stocks Back Off All-time Highs As Health-care Stocks Slump
By Ellie Ismailidou and Wallace Witkowski, MarketWatch Mattress Firm bounces higher on deal news; oil gains boost energy shares U.S. stocks traded moderately lower Monday as Wall Street caught its breath from Friday's record-setting rally fueled by jobs data, which helped revive investor confidence in the U.S. economy... More...>>
08/08/201611:59AMDJNMARKET SNAPSHOT: Stocks Retreat From Records As Health-care Stocks Slump
By Ellie Ismailidou and Barbara Kollmeyer, MarketWatch Mattress Firm bounces higher on deal news; oil gains boost energy shares U.S. stocks were trading moderately lower Monday as Wall Street caught its breath after Friday's record-setting rally fueled by jobs data that helped revive investors' confidence in... More...>>
08/08/20163:27AMDJNProvidence Resources Boosts Irish License Stake With Exxon Mobil Exit
By Alex MacDonald LONDON--Ireland-based oil and gas explorer Providence Resources PLC (PZQA.DB) said Monday it has increased its stake in the Frontier Exploration Licence 3/04 in the offshore southern Porcupine Basin of Ireland alongside other partners after Exxon Mobil Corp. (XOM) elected to withdraw from the license... More...>>
08/03/20169:00AMPRNUSAmerican Oil Producers Reduce Production Costs, Gain Edge Facing OPEC Glut Pressure
American Oil Producers Reduce Production Costs, Gain Edge Facing OPEC Glut Pressure PR Newswire NEW YORK, August 3, 2016 NEW YORK, August 3, 2016 /PRNewswire/ -- Oil prices are back on the downtrend. There are several reasons for the decline in prices, among them are renewed concerns over Gasoline glut, lower Saudi prices... More...>>
08/02/20161:10PMDJNExxon Official Calls Fossil Fuel Ban Unrealistic
SAN ANTONIO—An Exxon Mobil Corp. official on Tuesday dismissed the growing calls by some nations to sharply curtail the use of fossil fuels, or even ban them altogether, as unfeasible. "They can sit around in the dark and talk about how it worked out," Ken Golden, commercial adviser for Exxon, said from... More...>>
08/02/20161:01PMDJNExxon Official Says a Ban on Fossil Fuel is Unrealistic
By Dan Molinski SAN ANTONIO -- An Exxon Mobil Corp. official on Tuesday dismissed the growing calls by some nations to sharply curtail the use of fossil fuels, or even ban them altogether, as unfeasible. "They can sit around in the dark and talk about how it worked out," Ken Golden, commercial adviser for Exxon... More...>>
08/02/20169:05AMBWExxonMobil Supports Development of Emerging Technologies at University of Texas at Austin Energy Institute
Investment builds upon decades of research at University of Texas To take advantage of capabilities in renewable energy, battery technologies and power grid modeling ExxonMobil established similar energy partnerships at other universities ExxonMobil announced today that it will invest $15 million as a leadership member... More...>>
07/30/20163:02AMDJNOil Price Retreat Slams Producers -- WSJ
By Bradley Olson and Selina Williams The world's biggest oil companies posted losses or steep declines in profit for the second quarter, and now face a daunting remainder of the year as crude prices retreat to about $41 a barrel. Exxon Mobil Corp. on Friday reported its quarterly profit fell 60% to the lowest level... More...>>
07/29/20163:21PMDJNLow Crude Prices Hammer Big Oil Companies -- Update
By Bradley Olson and Selina Williams It is looking like another lost year for the world's biggest oil companies, as profits shrank dramatically during the second quarter and they now face a volatile end to 2016 while crude prices veer again to just over $41 a barrel. Exxon Mobil Corp. on Friday reported its quarterly... More...>>
07/29/201612:30PMDJNLow Crude Prices Hammer Big Oil Companies
Exxon Mobil Corp. saw profit fall 60%, and Chevron reported a third-straight quarterly loss on Friday, capping off a week of lackluster results for the biggest Western oil companies and underscoring the continued challenge they face as crude prices fall to just above $40 a barrel. Shares of both companies fell Friday morning... More...>>
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