Exclusive: Exxon Mobil chief revamps refining, chemical operations - spokeswoman Mon, 27 Nov 2017 09:27:21 +0000 Exxon Mobil Corp Chief Executive Darren Woods is reorganizing the company's refining and chemical operations, part of a push to boost profits amid volatile oil and natural gas prices, a spokeswoman said. The changes at the world's largest publicly traded oil producer are the most sweeping to date by Woods, who became chief executive in January after former chief Rex Tillerson resigned to become U.S. secretary of state. Woods has moved first to reshape the businesses he knows best, according to sources familiar with the matter.
Iraq offers nine oil and gas blocks for exploration near Iran, Kuwait borders Sun, 26 Nov 2017 11:35:13 +0000 Iraq will invite foreign energy firms to bid for the exploration and development of nine new oil and gas blocks bordering Iran and Kuwait, the oil ministry said in a statement on Sunday. Iraq is to hold a press conference on Monday to announce details of the exploration blocks which are located in the south and east of the country and include one offshore block in the territorial waters, according to the statement. "The ministry is targeting to boost both production and reserves of oil and gas in cooperation with international companies," said the ministry statement.
Flurry Of Bullish News Boosts Oil Prices Fri, 24 Nov 2017 20:00:00 +0000 In a week with a substantial disruption from the Keystone XL pipeline and another breakthrough for OPEC, oil bulls are marching on in full force
Which Is the Best Oil Supermajor Post-Q3 Earnings? Fri, 24 Nov 2017 19:36:07 +0000 BP is clearly a better investment proposition than Exxon Mobil and PetroChina on the back of strong earnings performance and estimate revisions.
Invest in These 4 Large-Cap Oil Stocks Fri, 24 Nov 2017 19:25:07 +0000 Large cap stocks prove to be more sustainable and profitable for the long-term providing a reliable backbone to any portfolio.
Oil Major: 70% Of Crude Can Be Left In The Ground Fri, 24 Nov 2017 18:00:00 +0000 Oil major Statoil has surprised markets by saying that it isn’t pursuing heavy oil production anymore, a type of crude that makes up 70% of the world’s crude reserves
Oil Prices Primed For Melt-Up Into Year End Fri, 24 Nov 2017 17:56:00 +0000 On Thanksgiving night three years ago oil was trading around $73, when the Saudis blocked a vote on an OPEC production cut...
Better Than Exxon? French Oil Giant Could Return 20% Fri, 24 Nov 2017 17:22:00 +0000 French oil giant Total (TOT) looks priced to outperform, says a top-ranked fund manager. It trades at a one-third discount to Exxon Mobil (XOM) and carries a dividend yield of over 5%. John Linehan is a co-manager of the T. Rowe Price Institutional Large Cap Value fund (TILCX), which ranks among the top 25% of its peers for returns over the past three, five and 10 years, according to Morningstar.
Big Oil Seeks To Plug Methane Leaks And Burnish Its Image Fri, 24 Nov 2017 16:27:00 +0000 Eight major oil companies are going all-in to cut their methane emissions -- and to push for those along their supply chains to do the same. Improved transparency and regulation are key to their efforts.
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Accum/Dist: 1.30 (median winner: 1.53)
Instit. Ownership: 52% (median winner: 63%)
Disclaimer The stock selections in our stock investing and stock trading database are not stock recommendations, but simply represent applications of a stock investing process. All materials, including our Top Stock Picks, are provided for information purposes only and should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any security. Growth Stock Analytics, LLC is not responsible for gains/losses that may result in investing or trading in these securities. All information is believed to be obtained from reliable sources, but there is no guarantee that the information supplied is accurate, complete or timely. There is no guarantee or warranty with regard to the results obtained from its use. There is no guarantee of suitability or potential value of any particular investment or information source. You acknowledge that your requests for this information are unsolicited and shall neither constitute nor be considered investment advice. Past investing performance is not an indication of future performance results. Investing and trading in stocks is risky. Investors are encouraged to consult a registered stock broker or investment adviser before making any investing decisions. The interpretations and opinions expressed herein are solely those of Growth Stock Analytics, LLC, and not of any other individual or organization.