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Stock Market & Financial Investment News

News Breaks
January 8, 2014
09:14 EDTXOMExxon Mobil upgraded to Outperform from Sector Perform at Howard Weil
Howard Weil upgraded Exxon Mobil based on a resumption in production growth reduced investment spending, and a favorable macro backdrop. Price target is $110.
News For XOM From The Last 14 Days
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May 22, 2015
10:21 EDTXOMExxon Mobil says media reports on Iran sanctions lobbying inaccurate
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May 20, 2015
13:15 EDTXOMExxon Mobil announces significant oil discovery offshore Guyana
Exxon Mobil announced a significant oil discovery on the Stabroek Block, located approximately 120 miles offshore Guyana. The well was drilled by ExxonMobil affiliate, Esso Exploration and Production Guyana Ltd., and encountered more than 295 feet of high-quality oil-bearing sandstone reservoirs. It was safely drilled to 17,825 feet in 5,719 feet of water. Stabroek Block is 6.6M acres. The well was spud on March 5. The well data will be analyzed in the coming months to better determine the full resource potential. Esso Exploration and Production Guyana Ltd. holds 45% interest. Hess Guyana Exploration Limited holds 30% interest and CNOOC Nexen Petroleum Guyana Limited holds 25% interest.
May 15, 2015
06:44 EDTXOMEnvironmentalists file lawsuit over oil train safety rules, NY Times says
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May 11, 2015
13:28 EDTXOMOPEC sees oil at around $76 a barrel in 2025, WSJ says
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10:01 EDTXOMExxon Mobil announces Cold Lake project expansion begins production on schedule
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