News

Oil & Gas Journal31m

ExxonMobil delivers record second-quarter upstream production

ExxonMobil's second-quarter earnings declined to $7.1 billion due to lower oil prices, but the operator achieved record upstream production.

Q2 profits at Exxon Mobil and Chevron dip to lowest level in 4 years on subdued energy prices

Exxon Mobil’s profit dropped in the second quarter to the lowest level in four years as oil prices declined amid an increase ...
Zacks.com on MSN2h

ExxonMobil Q2 Earnings Surpass Estimates, Revenues Decline Y/Y

XOM tops Q2 earnings estimates on stronger liquid production and refining margins despite revenue and price declines.
Upstream Online7h

ExxonMobil beats estimates as production hits highest level in 25 years

ExxonMobil invested $6.3 billion in the second quarter, bringing cash capital expenditure to $12.3 billion in the first half ...
Baton Rouge Business Report5h

Why ExxonMobil is reassessing its M&A strategy

After losing an arbitration battle to block Chevron’s $53 billion acquisition of Hess, ExxonMobil is scouting for its own oil patch deals, The Wall Street Journal writes.  CEO Darren Woods says ...

ExxonMobil reports stronger-than-expected second quarter

ExxonMobil posted stronger-than-expected second-quarter earnings on Friday, buoyed by record oil and gas production despite ...

Chevron Overcomes ExxonMobil to Acquire Hess. Which High-Yield Energy Stock Is the Better Buy Now?

ExxonMobil and Chevron are supporting their high dividend yields with cash flow. ExxonMobil completed its acquisition in May ...
CompositesWorld18m

Strohm completes first 13 thermoplastic composite jumpers for ExxonMobil

The thermoplastic composite pipe (TCP) jumpers were fabricated as part of the company’s Jumper on Demand concept aimed at flexible, high-volume part manufacture.

Australia's Woodside Energy takes operatorship of Bass Strait assets from ExxonMobil

Australia's Woodside Energy said on Tuesday it will take over operatorship of the Bass Strait oil and gas assets from ...
Investing.com South Africa9h

ExxonMobil exceeds earnings, revenue estimates in second quarter, stock up

Investing.com -- Exxon Mobil (NYSE: XOM) shares climbed 1.5% in premarket trading Friday after the U.S. energy giant reported second-quarter earnings and revenue that trumped analysts’ forecasts. The ...

ExxonMobil Is One of the Largest Energy Companies by Market Cap. But Is It a Buy?

ExxonMobil ( XOM -0.31%) is one of the oldest and most iconic companies in American financial history. It's also gigantic. With a current market cap of nearly $500 billion, ExxonMobil is the ...