New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
June 19, 2014
08:05 EDTJEC, XOMExxon Mobil Chemical begins multi-billion dollar expansion project
ExxonMobil (XOM) Chemical announced that it has started construction of a multi-billion dollar ethane cracker at its Baytown, Texas, complex and associated premium product facilities in nearby Mont Belvieu. The project will employ about 10k construction workers, create 4k related jobs in nearby Houston communities and add 350 permanent positions at the Baytown complex. It is expected to increase regional economic activity by roughly $870M per year and generate more than $90M per year in additional tax revenues for local communities. Contracts have been awarded for construction, which will begin immediately. Contracts have been awarded to Linde Engineering North America, and Bechtel Oil, Gas and Chemicals to build olefins recovery units at the ExxonMobil Baytown Olefins Plant. Mitsui Engineering & Shipbuilding and Huertey Petrochem will construct the new olefins furnaces. At the Mont Belvieu Plastics Plant, Mitsubishi Heavy Industries will construct two 650k tons-per-year high-performance polyethylene lines. Jacobs Engineering (JEC) will oversee enabling works and interconnections at both locations. Dashiell and Wood Group Mustang will provide specialty contracting services
News For XOM;JEC From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | all recent news | >>
July 31, 2015
08:09 EDTXOMExxon Mobil sees Q3 shares repurchases of $500M
Subscribe for More Information
08:07 EDTXOMExxon Mobil CEO says Q2 results reflect 'disparate impacts' of commodity prices
“We are delivering on our investment and operating commitments across ExxonMobil’s integrated portfolio. Our quarterly results reflect the disparate impacts of the current commodity price environment, but also demonstrate the strength of our sound operations, superior project execution capabilities, as well as continued discipline in capital and expense management,” said Rex Tillerson, chairman and CEO. Downstream and Chemical segment earnings increased significantly from the second quarter of 2014, driven by higher margins, continued strong demand, and the quality of the company’s product and asset mix. Higher Downstream and Chemical earnings were more than offset by the impact of weaker Upstream realizations and lower asset management gains.
08:06 EDTXOMExxon Mobil reports Q2 Downstream earnings up $795M to $1.5B
Subscribe for More Information
08:03 EDTXOMExxon Mobil reports Q2 Upstream volumes up 3.6%
ExxonMobil produced 4M oil-equivalent barrels per day, an increase of 139,000 barrels per day, or 3.6%. Liquids volumes of 2.3M barrels per day increased 11.9%, benefiting from new developments in Angola, Canada, Indonesia and the United States. Upstream earnings were $2B in Q2, down $5.9B from the second quarter of 2014. Lower liquids and gas realizations decreased earnings by $4.5B, while volume effects increased earnings by $330M driven by new developments. All other items decreased earnings by $1.7B, including the one-time $260M deferred income tax impact related to the tax rate increase in Alberta, Canada, and the absence of prior year asset management gains.
08:01 EDTXOMExxon Mobil reports Q2 EPS $1.00, consensus $1.11
Subscribe for More Information
July 30, 2015
16:00 EDTXOMOptions Update; July 30, 2015
iPath S&P 500 VIX Short-Term Futures down 11c to 16.05. Option volume leaders: AAPL FB SPLS X TWTR BAC NFLX MU CHK BIDU WFM HPQ LNKD MDLZ XOM
15:04 EDTXOMNotable companies reporting before tomorrow's open
Notable companies reporting before tomorrow's open, with earnings consensus, include Exxon Mobil (XOM), consensus $1.11... Chevron (CVX), consensus $1.16... Seagate Technology (STX), consensus 64c... Tyco (TYC), consensus 56c... Newell Rubbermaid (NWL), consensus 62c... LifePoint Health (LPNT), consensus 99c.
09:26 EDTXOMExxon Mobil, Rosneft file joint bid for Mozambique licenses
Subscribe for More Information
July 29, 2015
13:04 EDTXOMSaudi Arabia to lower oil production after summer, WSJ reports
Subscribe for More Information
July 28, 2015
07:49 EDTJECJacobs Engineering announces formal restructuring effort
Subscribe for More Information
07:48 EDTJECJacobs board reauthorizes additional $500M share buyback program
Says Board of Directors reauthorizes an additional $500 million share buyback program with a term of three years.
07:47 EDTJECJacobs Engineering raises FY15 EPS view to $3.11-$3.31 from $2.90-$3.20
Subscribe for More Information
07:46 EDTJECJacobs Engineering reports Q3 adjusted EPS 97c, consensus 73c
Reports Q3 revenue $2.91B, consensus $3.01B. Jacobs also announced continued strength in total backlog of $18.8 billion at June 26, 2015, including a technical professional services component of $12.2 billion.
05:34 EDTXOMVermilion Energy announces farm-in agreement in Germany
Subscribe for More Information
July 24, 2015
12:51 EDTXOMExxon Mobil volatility elevated into Q2 and outlook
Subscribe for More Information
July 23, 2015
11:49 EDTJECJacobs wins Smart Motorway Project contract by Highways England
Subscribe for More Information
July 22, 2015
06:39 EDTXOMEuro, U.S. oil and gas groups to find tough competition in Iran, WSJ says
European and U.S. oil and gas firms drawn to Iran as sanctions lessen can expect not only opportunities, but also Iranian companies offering tough competition or joint ventures, the Wall Street Journal reports. Though no Iran-based companies have the clout of firms such as Exxon Mobil (XOM) or Schlumberger (SLB), companies that can take on engineering tasks are emerging and growing in Iran, the report says. If the Iran nuclear agreement comes into effect and sanctions are lifted against Iran sometime soon, those Iranian companies will be well positioned to compete for tens of billions of dollars worth of service contracts, the report adds. Other publicly traded companies in the space include BP (BP), Chevron (CVX), ConocoPhillips (COP), Royal Dutch Shell (RDS.A) and Total (TOT). Reference Link
06:13 EDTXOMExxon Mobil upgraded to Conviction Buy from Buy at Goldman
Subscribe for More Information
July 21, 2015
07:46 EDTJECJacobs wins five year contract from Suncor
Subscribe for More Information
07:45 EDTJECJacobs Engineering awardedc ontract for California high speed rail
Subscribe for More Information
1 | 2 | all recent news | >>

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use