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Exxon Mobil Corp (XOM.N)

XOM.N on New York Stock Exchange

69.72USD
21 Aug 2019
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Latest Key Developments (Source: Significant Developments)

PNG Petroleum Minister Updates On Papua LNG Deal
Thursday, 15 Aug 2019 

Aug 15 (Reuters) - Papua New Guinea Petroleum Minister::* SAYS TALKS WITH TOTAL ON PAPUA LNG PROJECT "COULD WORK OUT WELL OR EVEN DISASTROUSLY".* SAYS SUCCESSFUL TALKS COULD LEAD TO EARLY PROGRESS OF PROJECT, BUT FAILURE "COULD HAVE VERY SERIOUS RAMIFICATIONS".* SAYS EXPECTS PAPUA LNG NEGOTIATING TEAM TO REPORT BACK NEXT WEEK TO GOVERNMENT.  Full Article

Oil Search Notes PNG Petroleum Minister's Statement on Papua LNG Gas Deal
Thursday, 15 Aug 2019 

Aug 15 (Reuters) - Oil Search Ltd ::NOTES RELEASE BY MINISTER FOR PETROLEUM OVER MEETINGS BETWEEN STATE AND TOTAL CONCERNING PAPUA LNG GAS AGREEMENT.LOOKING FORWARD TO FURTHER CLARITY ON PNG'S POSITION REGARDING AGREEMENT AND WAYS FORWARD FOR PROJECT.PNG PETROLEUM MINISTRY SAYS STATE TEAM HEADING OUT TO SINGAPORE TO RENEGOTIATE TERMS OF GAS DEAL WITH TOTAL.  Full Article

Exxonmobil Files For Seven-Part, Notes Offering
Tuesday, 13 Aug 2019 

Aug 13 (Reuters) - Exxon Mobil Corp ::EXXONMOBIL FILES FOR SEVEN-PART, NOTES OFFERING; SIZE NOT DISCLOSED - SEC FILING.  Full Article

Imperial Oil eyeing Alberta gov't crude by rail contracts - CEO
Friday, 2 Aug 2019 

Aug 2 (Reuters) - Imperial Oil Ltd executives, speaking on a conference call::IMPERIAL OIL CEO SAYS NEW ALBERTA GOV'T MAKING 'PRO-BUSINESS CHANGES' WITH REPEAL OF CARBON TAX, CUT IN CORPORATE INCOME TAX.IMPERIAL OIL CEO SAYS REDUCTION IN ALBERTA OIL INVENTORIES HAVE RESTORED FLEXIBILITY TO THE SYSTEM.IMPERIAL OIL CEO SAYS ALBERTA GOV'T CAN AND SHOULD FURTHER REDUCE OIL CURTAILMENT LEVELS WITH INVENTORY REDUCTION.IMPERIAL OIL WILL RAMP DOWN CRUDE BY RAIL VOLUMES IN AUGUST AND SEPTEMBER BECAUSE ECONOMICS DON'T WORK - CEO.IMPERIAL OIL IS REVIEWING POSSIBILITY OF TAKING ON ALBERTA GOV'T CRUDE BY RAIL CONTRACTS - CEO.  Full Article

Exxon Mobil Says Q3 Upstream Volumes Expected To Be In Line With Q2
Friday, 2 Aug 2019 

Aug 2 (Reuters) - Exxon Mobil Corp ::EXXONMOBIL - Q3 UPSTREAM VOLUMES EXPECTED TO BE IN LINE WITH Q2.EXXONMOBIL - IN DOWNSTEAM, PERMIAN CRUDE DIFFERENTIALS EXPECTED TO NARROW IN Q3 WITH ADDITIONAL TAKEAWAY CAPACITY.EXXONMOBIL - SUPPLY LENGTH CONTINUES TO IMPACT CHEMICAL MARGINS IN Q3.EXXONMOBIL - IN DOWNSTEAM, Q3 REFINING MARGINS EXPECTED TO BE IN LINE WITH SEASONAL DEMAND PATTERNS.EXXONMOBIL - IN Q3, CORPORATE AND FINANCING EXPENSES EXPECTED TO BE $700 MILLION - $900 MILLION.EXXONMOBIL SEES LOWER SCHEDULED MAINTENANCE IN CHEMICAL BUSINESS IN Q3 - PRESENTATION.  Full Article

Exxon Reports Quarterly Earnings Of $0.73/Share
Friday, 2 Aug 2019 

Aug 2 (Reuters) - Exxon Mobil Corp ::QUARTERLY EARNINGS PER SHARE $0.73.QUARTERLY EARNINGS $3.13 BILLION VERSUS. $3.95 BILLION REPORTED LAST YEAR.QUARTERLY TOTAL REVENUES AND OTHER INCOME $69,091 MILLION VERSUS $73,501 MILLION.QUARTERLY CAPITAL AND EXPLORATION EXPENDITURES WERE $8.08 BILLION VERSUS $6.63 BILLION REPORTED LAST YEAR.QUARTERLY NET PRODUCTION OF CRUDE OIL, NATURAL GAS LIQUIDS, BITUMEN AND SYNTHETIC OIL 2,389 KBD VERSUS 2,212 KBD.QUARTERLY OIL-EQUIVALENT PRODUCTION WAS 3.9 MILLION BARRELS PER DAY, UP 7 PERCENT FROM THE SECOND QUARTER OF 2018..QUARTERLY UPSTREAM EARNINGS WERE $3,261 MILLION VERSUS $3,040 MILLION.QUARTERLY NATURAL GAS PRODUCTION AVAILABLE FOR SALE 9,120 MCFD VERSUS 8,613 MCFD.QUARTERLY DOWNSTREAM EARNINGS WERE $451 MILLION VERSUS $724 MILLION.SAYS CONTINUE TO MAKE SIGNIFICANT PROGRESS TOWARD DELIVERING LONG-TERM GROWTH PLANS.QUARTERLY CHEMICAL EARNINGS OF $188 MILLION VERSUS $890 MILLION.QUARTERLY WORLDWIDE REFINERY THROUGHPUT 3,930 KBD VERSUS. 4,105 KBD.QUARTERLY CASH FLOW FROM OPERATIONS AND ASSET SALES WAS $5.98 BILLION.Q2 EARNINGS PER SHARE VIEW $0.66, REVENUE VIEW $65.20 BILLION -- REFINITIV IBES DATA.SAYS PREPARING TO STARTUP LIZA PHASE 1 DEVELOPMENT IN GUYANA.QUARTERLY LIQUIDS PRODUCTION UP 8% DRIVEN BY PERMIAN BASIN GROWTH, REDUCED DOWNTIME, WITH LIMITED IMPACT FROM ENTITLEMENT EFFECTS, DIVESTMENTS.SAYS IN UPSTREAM, QUARTERLY AVERAGE CRUDE PRICES STRONGER THAN Q1, NATURAL GAS PRICES DECLINED WITH SUPPLY LENGTH AND CRUDE-LINKED LNG LAG EFFECTS.  Full Article

Exxon Mobil Sets Quarterly Cash Dividend Of $0.87 Per Share
Wednesday, 31 Jul 2019 

July 31 (Reuters) - Exxon Mobil Corp ::SETS QUARTERLY CASH DIVIDEND OF $0.87 PER SHARE.Q3 DIVIDEND IS AT SAME LEVEL AS DIVIDEND PAID IN Q2 OF 2019.  Full Article

Fire Reported At Exxon Plant In Baytown, Texas -Local Media
Wednesday, 31 Jul 2019 

July 31 (Reuters) - :FIRE REPORTED AT EXXON MOBIL <<>> PLANT IN BAYTOWN, TEXAS -LOCAL MEDIA.  Full Article

Lucid Energy Group Announces Long-Term Agreement With XTO Energy And New Cryogenic Processing Plant In Southeast New Mexico
Tuesday, 9 Jul 2019 

July 9 (Reuters) - Exxon Mobil Corp ::LUCID ENERGY GROUP ANNOUNCES LONG-TERM AGREEMENT WITH XTO ENERGY AND NEW CRYOGENIC PROCESSING PLANT IN SOUTHEAST NEW MEXICO.LUCID ENERGY GROUP - EXECUTED NEW LONG-TERM NATURAL GAS GATHERING AND PROCESSING AGREEMENT WITH XTO ENERGY INC, A SUBSIDIARY OF EXXONMOBIL.LUCID ENERGY- UNDERWAY WITH DEVELOPMENT OF CRYOGENIC PROCESSING PLANT AT FLAGSHIP RED HILLS NATURAL GAS PROCESSING COMPLEX IN LEA COUNTY, NEW MEXICO.  Full Article

Linde Signs Deal With Exxonmobil To Supply Singapore Manufacturing Complex
Tuesday, 25 Jun 2019 

June 25 (Reuters) - Linde Plc ::DGAP-NEWS: LINDE SIGNS LONG-TERM AGREEMENT WITH EXXONMOBIL TO SUPPLY INTEGRATED MANUFACTURING COMPLEX IN SINGAPORE.LINDE WILL INVEST US$1.4 BILLION TO EXPAND ITS EXISTING GASIFICATION COMPLEX AT JURONG ISLAND, INTEGRATING IT WITH EXXONMOBIL'S PROJECT TO PRODUCE AND SUPPLY ADDITIONAL HYDROGEN AND SYNTHESIS GAS.LINDE WILL ALSO INVEST IN A DEDICATED SET OF PIPELINES FOR TRANSFER OF FEEDSTOCKS AND PRODUCTS BETWEEN EXXONMOBIL AND LINDE FACILITIES.WILL INVEST US$1.4 BILLION TO EXPAND ITS EXISTING GASIFICATION COMPLEX AT JURONG ISLAND.CONSTRUCTION IS EXPECTED TO START IN SECOND HALF OF 2019, WITH START-UP ANTICIPATED IN 2023.CONSTRUCTION IS EXPECTED TO START IN SECOND HALF OF 2019, WITH START-UP ANTICIPATED IN 2023..  Full Article

Equinor gets government funding for wind turbines at North Sea oilfields

OSLO, Aug 22 Equinor will get a 2.33 billion Norwegian crowns ($260 million) subsidy for its planned construction of floating wind turbines that will supply power to North Sea oil platforms, Norwegian state investment agency Enova said on Thursday.