Super-majors' report card reads 'could do better'
The second-quarter report season revealed a mixed picture for the large, international oil companies
Company
Exxon Mobil Corp
NYSE:XOM
Exxon Mobil Corp is an international energy and petrochemical company. The company’s primary businesses include Upstream, Product Solutions and Low Carbon Solutions. Its Upstream division is engaged in exploring and developing oil and natural gas using technology.
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Nasdaq slips more than 100 points as tech stock losses weigh heavily on the index
The US benchmarks ended the week in the red following heavy losses in tech
Exxon Mobil and Chevron miss 2Q profit and revenue estimates while Phillips 66 beats forecasts
Crude prices strengthened in the second quarter while natural gas prices were mixed
Eco (Atlantic) Oil & Gas notes ExxonMobil offshore Guyana discovery as it updates on operations
The oil and gas producer said Exxon had encountered around 78 meters of high-quality oil-bearing sandstone reservoir at its Stabroek Block, adjacent to Eco’s Orinduik Block
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Proactive news snapshot: Echo Energy, OptiBiotix Health, Solo Oil ...
A glance at some of the day's highlights from the Proactive Investors newswire
Wall Street seen reversing losses but traders fret over renewed US/China trade fears
In Europe today, equity markets made a mixed start through the trend is upward.
U.S. stocks closed solidly higher on a market melt-up
Market melt-ups can go on for awhile, but eventually lead to meltdowns
US stocks sacrifice early gains after President Trump tweets that Iran nuclear deal decision will come tomorrow
President Trump took the shine off the market's advance by tweeting that he will reach a decision on whether to withdraw from the Iran nuclear deal tomorrow
Investors play the oil patch as Chevron, Cabot, Imperial get the thumbs-up and Exxon, Phillips disappoint
Despite the surge in oil prices Exxon missed earnings, and Chevron sales fell short of Wall Street expectations
U.S. benchmarks end the week flat, TMX exchange halts trading after technical issue
The Nasdaq ended the day flat after being dragged down by tech stocks
Exxon Mobil 1Q earnings disappoint, hit by weak refining, chemical businesses
The oil giant missed analyst expectations on profit
FTSE 100's dollar earners enjoy sterling's day of misery on the forex markets
The FTSE 100 index managed to finish just above 7,500, helped by sterling's dive on the foreign exchange markets
Investments and investor services
Major benchmarks suffer biggest one day losses in more than a year
“A clear sign that confidence was restored by the jobs report was the fact US 10-year Treasuries hit a four-year high immediately after it was released."
US stocks close higher; energy shares surge
New stats showed the US economy grew at a solid 3.2% annual rate from July through September
Asiamet appoints mining veteran as new chief financial officer
Most recently James Deo was a consultant to Newcrest Mining, while he has also held senior position in mining giants BHP Billiton and Rio Tinto
Permex Petroleum primed to prosper in the Permian basin
Permex is aiming to raise between $C2.5mln - C$10mln in an initial public offering (IPO)
Nasdaq Composite and S&P 500 storm to new highs, driven by tech stocks
The Nasdaq missed out on yesterday's advance but made up for lost time today
Canadian Overseas Petroleum boss upbeat on offshore Nigerian opportunity
Operationally, plans are advanced with drilling locations finalised and well design on track.
Eco (Atlantic) says 3D seismic survey of the Orinduik Block, offshore Guyana successfully completed on schedule
Eco (Atlantic) said the 3D Survey was conducted by Schlumberger Guyana Inc. (Western Geco) and has been completed successfully and on schedule
US crude futures hit amid Hurricane Harvey chaos but gasoline rises
Texas officials reckon the storm will drive 30,000 people into shelters and trigger 450,000 people to seek assistance