The Exxon Mobil Corporation, or ExxonMobil, is an American multinational oil and gas corporation. It is a direct descendant of John D. Rockefeller's Standard Oil company, and was formed on November 30, 1999, by the merger of Exxon and Mobil. It has its headquarters in Irving, Texas.
ExxonMobil is one of the largest publicly traded companies in the world, having been ranked either #1 or #2 for the past 5 years. Exxon Mobil's reserves were 72 billion oil-equivalent barrels at the end of 2007 and, at then (2007) rates of production, are expected to last over 14 years. The company has 38 oil refineries in 21 countries constituting a combined daily refining capacity of 6.3 million barrels.
ExxonMobil is the largest of the six oil supermajors with daily production of 3.921 million BOE (barrels of oil equivalent).
When ranked by oil and gas reserves it is 14th in the world with less than 1% of the total.
Energy Stocks: Exxon lands with a thud; energy stocks up
Jan 31 - MarketWatch
Before the Bell: EU summit, Exxon Mobil, Pfizer in focus
Jan 31 - MarketWatch
Stocks to Watch: Stocks to watch Tuesday: Exxon, Mattel
Jan 30 - MarketWatch
Exxon sells Japan subsidiary in $3.7b deal
Jan 29 - News.com.au
TonenGeneral to Buy Exxon’s Japan Refinery Unit for $3.9 Billion
Jan 29 - Business Week
Exxon Mobil Sells Japanese Refining Unit to TonenGeneral
Jan 29 - Business Week
ExxonMobil Sells Japan Unit to TonenGeneral for $3.9 Billion
Jan 29 - Business Week
Exxon Mobil to Sell Part of TonenGeneral Stake, Reuters Says
Jan 28 - Business Week
Apple vies for most valuable company title
Jan 25 - Financial Times
Apple tops Exxon as most valuable U.S. company
Jan 25 - CNN Money
Kazakhs Study Bid to Boost Kashagan Oil Cost to $46 Billion
Jan 12 - Business Week
Exxon Settles Lawsuit Over Gulf Offshore Oil Lease Against U.S.
Jan 07 - Business Week
Exxon, Salazar Reach Accord on Offshore Oil Lease Dispute
Jan 06 - Business Week
Exxon’s Shale Driller Tightens Drug Testing for Rig Workers
Jan 05 - Business Week
TonenGeneral Has Biggest 2-Day Drop in Decade on Exxon Plan
Jan 05 - Business Week
Exxon in Talks to Restructure Stake in Japan Refining Unit
Jan 04 - Business Week
Exxon’s Pursuit of Venezuelan Cash ’Not Over Yet’ After Ruling
Jan 03 - Business Week
PDVSA to Settle Exxon Claim With $255 Million Cash Payment
Jan 02 - Business Week
Venezuela shrinks nationalization payment to Exxon
Jan 02 - Financial Post
Exxon Mobil gets Venezuela-claim award: reports
Jan 01 - MarketWatch
By Reuters
Stocks closed flat in another thinly traded session on Wednesday as Greece remained in a standstill over accepting tough reforms in exchange for a bailout critical to avoiding a chaotic default. (Feb 08)
MORE TOPICS: DOW JONES, CRUDE OIL, EUROPEAN UNION, CISCO SYSTEMS, EUROPEAN CENTRAL BANK, NEW YORK
By Reuters
Stocks closed flat in another thinly traded session on Wednesday as Greece remained in a standstill over accepting tough reforms in exchange for a bailout critical to avoiding a chaotic default. (Feb 08)
MORE TOPICS: DOW JONES, CRUDE OIL, EUROPEAN UNION, EUROPEAN CENTRAL BANK, NEW YORK, INTERNATIONAL MONETARY FUND
By Reuters
Stocks fluctuated around break-even on Wednesday as investors waited for Greece to accept tough reforms in exchange for a new bailout, but underlying confidence kept the Dow near its almost four-year high notched on Tuesday. (Feb 08)
MORE TOPICS: DOW JONES, CRUDE OIL, EUROPEAN UNION, EUROPEAN CENTRAL BANK, NEW YORK, MANAGEMENT
By Reuters
Stocks gave up early gains on Wednesday as the Dow hovered at its highest level in nearly four years and investors waited for Greece to accept tough reforms in exchange for a new bailout. (Feb 08)
MORE TOPICS: DOW JONES, CRUDE OIL, EUROPEAN UNION, CISCO SYSTEMS, EUROPEAN CENTRAL BANK, NEW YORK
By OilPrice.com
There is perhaps no more controversial energy source after nuclear than "hydraulic fracturing," or "fracking," of subterranean shale deposits containing pockets of natural gas. (Feb 02)
MORE TOPICS: BARACK OBAMA, GOLD, CHEVRON, EUROPEAN UNION, RUSSIA, POLAND
By PFG Best
Stupid is as stupid does and after Exxon Mobil, the world's largest publicly traded oil company, reported net income of $9.4 billion for the quarter, up from $9.25 billion the year before and revenue of $121.6 billion, up 16 percent from the year before, T. (Feb 02)
MORE TOPICS: CRUDE OIL
By PFG Best
Ok I just am not buying it. All of the hyperbole and enthusiasm that we are seeing in oil. Oh sure I will buy the breaks in oil for short term plays but it appears that the next big move on oil may be down. Oil failed to establish a breakout which means we are in a choppy downward correction. (Feb 01)
MORE TOPICS: MANUFACTURING
By Comsec
The Australian sharemarket kicked off the new month in a less than desirable manner with shares losing ground for the third consecutive day today. Despite this week's losses, remember that January marked the best start to a new year since 1994 w... (Feb 01)
MORE TOPICS: CHINA, UNEMPLOYMENT, HSBC, WESTPAC, CRUDE OIL, GERMANY
By Comsec
The Conference Board consumer confidence reading dipped unexpectedly in January, slipping from 64.8 to 61.1. Consensus expectation had been for a further gain up to 68.0. (Jan 31)
MORE TOPICS: GOLD, DOW JONES, FTSE, PORTUGAL, CRUDE OIL, MANUFACTURING
By Morrison Securities
The Dow was in line for a fourth straight decline after a weaker than expected reading on consumer confidence erased early gains prompted by agreements designed to address Europe's sovereign-debt issues. (Jan 31)
MORE TOPICS: CHINA, GOLD, DOW JONES, FTSE, HANG SENG INDEX, PORTUGAL
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