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Exxon Mobil Corp

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  • Investors say 'bye,' but not 'ciao,' to stock pickers Thursday, 18 Dec 2014 | 3:52 PM ET

    NEW YORK— Stock pickers might as well wear a scarlet "A." "Active management" is becoming more of a taboo when it comes to mutual funds. Bill Miller, for example, became famous for guiding his fund at Legg Mason to better returns than the Standard& Poor's 500 index for 15 straight years.

  • Midday Glance: Oil companies Thursday, 18 Dec 2014 | 1:48 PM ET

    BP PLC rose$. 29 or. 8 percent, to $37.98. ConocoPhillips rose $1.65 or 2.5 percent, to $68.59. Exxon Mobil Corp. rose $1.10 or 1.2 percent, to $90.12.

  • Early Glance: Oil companies Thursday, 18 Dec 2014 | 11:11 AM ET

    BP PLC rose$. 43 or 1.1 percent, to $38.12. ConocoPhillips rose $1.10 or 1.6 percent, to $68.04. Exxon Mobil Corp. rose$. 91 or 1.0 percent, to $89.93.

  • Cheniere lands 20-year natural gas deal in Portugal Thursday, 18 Dec 2014 | 10:40 AM ET

    HOUSTON— Cheniere Energy landed a 20- year contract to supply natural gas in Portugal, sending shares up 8 percent in early trading. Companies such as Exxon Mobil and Sempra Energy are seeking federal permits for more than 20 export projects that could handle as much as 29 billion cubic feet of natural gas a day. EDP also has electricity and gas operations in Spain...

  • *Oracle up in premarket after results. NEW YORK, Dec 18- U.S. stocks were set for a stronger open on Thursday, building on gains in the prior session after the U.S. "The bottom line is a June is still in play and even doves need to tighten at some point when the numbers start looking good," said James Liu, global market strategist at JPMorgan Funds in Chicago.

  • *Oracle up in premarket after results. NEW YORK, Dec 18- U.S. stock index futures surged on Thursday, putting the S&P 500 on track to extend gains from the prior session, as oil prices showed signs of stabilizing and ahead of data on the labor market. Exxon Mobil rose 1.8 percent to $90.60 and the Select Sector Energy ETF gained 2.2 percent to $78.81 in premarket trading.

  • US STOCKS-Futures climb as oil rebounds; data on tap Thursday, 18 Dec 2014 | 7:32 AM ET

    *Oracle up in premarket after results. NEW YORK, Dec 18- U.S. stock index futures surged on Thursday, putting the S&P 500 on track to extend gains from the prior session, as oil prices showed hints of stabilizing and ahead of data on the labor market. Exxon Mobil rose 2 percent to $90.84 and the Select Sector Energy ETF gained 1.6 percent to $78.34 in premarket trading.

  • Final Glance: Oil companies Wednesday, 17 Dec 2014 | 7:08 PM ET

    BP PLC rose $1.93 or 5.4 percent, to $37.69. ConocoPhillips rose $3.72 or 5.9 percent, to $66.94. Exxon Mobil Corp. rose $2.61 or 3.0 percent, to $89.02.

  • NEW YORK, Dec 17- The S&P 500 scored its best day since October 2013 on Wednesday as the Federal Reserve gave an upbeat assessment of the U.S. economy and said it would take a patient approach toward raising interest rates. The Fed said it would take a "patient" approach in deciding when to bump borrowing costs higher, which Fed Chair Janet Yellen, at a news conference,...

  • Gas pipeline coordinator office in Alaska to close Wednesday, 17 Dec 2014 | 5:44 PM ET

    JUNEAU, Alaska— The office of the federal coordinator for Alaska gas pipeline projects is shutting down after not being included in the budget bill that Congress recently passed. The office was created in a 2004 law aimed at helping advance an Alaska gas pipeline project that would serve North America. The state of Alaska, BP PLC, ConocoPhillips, Exxon Mobil Corp....

  • CALGARY, Alberta, Dec 17- Chevron Corp is putting a plan to drill for oil in the Beaufort Sea in Canada's Arctic on hold indefinitely because of what it called "economic uncertainty in the industry" as oil prices fall. In a letter to Canada's National Energy Board on Wednesday, the company withdrew from a hearing on Arctic drilling rules because it has walked away...

  • NEW YORK, Dec 17- The S&P 500 scored its best day since October 2013 on Wednesday as the Federal Reserve gave an upbeat assessment of the economy and said it would take a patient approach toward lifting interest rates. "This is the market saying,' Ah, I get it,' the Fed does not want to be in the business of disruption, this is a steady monetary policy and the Fed will continue...

  • Motiva backs off hydrocracker expansion at Texas refinery Wednesday, 17 Dec 2014 | 3:19 PM ET

    HOUSTON, Dec 17- Motiva Enterprises has withdrawn its permit request to expand a hydrocracker and diesel hydrotreater unit at its Texas refinery, the largest in the United States. In a brief letter received by the U.S. Environmental Protection Agency earlier this month, Motiva asked, without explanation, to withdraw its August permit application for the...

  • Midday Glance: Oil companies Wednesday, 17 Dec 2014 | 1:17 PM ET

    BP PLC rose $1.83 or 5.1 percent, to $37.59. ConocoPhillips rose $4.21 or 6.7 percent, to $67.43. Exxon Mobil Corp. rose $2.55 or 3.0 percent, to $88.96.

  • EU lawmakers fail to approve tar sands oil veto Wednesday, 17 Dec 2014 | 12:56 PM ET

    BRUSSELS, Dec 17- An attempt by some European politicians to veto the import of tar sands oil failed on Wednesday after a European Parliament vote, giving a boost to Canada but dismaying green campaigners. After years of lobbying from Canada, the European Commission published a new plan in October on reporting the greenhouse gas intensity of transport fuels.

  • Limited ruble risk for US companies Wednesday, 17 Dec 2014 | 12:40 PM ET
    Customers use their mobile phones beside a digital advertisement inside a Citibank bank branch in Moscow.

    Few U.S. companies have a big exposure to the Russian ruble's ongoing collapse.

  • Early Glance: Oil companies Wednesday, 17 Dec 2014 | 10:16 AM ET

    BP PLC rose$. 61 or 1.7 percent, to $36.37. ConocoPhillips rose $2.28 or 3.6 percent, to $65.50. Marathon Oil Corp. rose$. 61 or 2.4 percent, to $25.92.

  • Final Glance: Oil companies Tuesday, 16 Dec 2014 | 6:41 PM ET

    BP PLC rose$. 82 or 2.3 percent, to $35.76. ConocoPhillips rose $1.53 or 2.5 percent, to $63.22. Exxon Mobil Corp. fell$. 49 or. 6 percent, to $86.41.

  • Energy shares rebound as bargain-hunters swoop in Tuesday, 16 Dec 2014 | 5:45 PM ET

    NEW YORK, Dec 16- The proverbial knife is falling. "With the stocks down so big, seems to be an intermediate opportunity in the group," said Doug Kass, president of Seabreeze Partners in Palm Beach, Florida. Between the beginning of the year and June 23, the sector had gained 13 percent on the back of a steady rise in oil prices and expectations for improved growth.

  • Dec 16- Citgo Petroleum Corp, Venezuela's U.S. oil refining unit, has received revised bids from at least four bidders, some which have valued the company at more than $10 billion, according to three people familiar with the matter. The companies that made bids in December include Marathon Petroleum Corp, Valero Energy Corp, HollyFrontier Corp and a consortium of...