Exxon Mobil Corp


  • OMAHA, Neb.— Investor Warren Buffett is praising both IBM and ExxonMobil even though the computing business has struggled and Berkshire Hathaway sold its 41 million shares in the oil producer. Buffett says he still likes IBM's prospects even though the company has been dealing with declining sales. He backed that up by increasing Berkshire's stake in IBM to...

  • Bells toll for Europe's largest gas field Sunday, 1 Mar 2015 | 12:00 PM ET

    WESTERWIJTWERD, Netherlands, March 1- Dutch church bells that for centuries have tolled to warn of floods across the low-lying countryside are sounding the alarm for a new threat: earthquakes linked to Europe's largest natural gas field. Lessons from Groningen, which lies far from any natural fault line, feed into a debate over the threat posed by hydraulic...

  • Final Glance: Oil companies Friday, 27 Feb 2015 | 6:02 PM ET

    BP PLC rose$. 08 or. 2 percent, to $41.44. ConocoPhillips fell$. 65 or 1.0 percent, to $65.20. Exxon Mobil Corp. fell$. 11 or. 1 percent, to $88.54.

  • Gas prices soar in California as supply shrinks Friday, 27 Feb 2015 | 4:34 PM ET

    LONG BEACH, Calif.— Gas prices are soaring in California in a classic example of supply and demand after an explosion stopped gasoline production at an Exxon Mobil refinery while another remains offline due to labor unrest. The situation underscores the frustrating complexity of the gasoline market in California, where state environmental regulations...

  • Midday Glance: Oil companies Friday, 27 Feb 2015 | 1:26 PM ET

    BP PLC rose$. 24 or. 6 percent, to $41.60. ConocoPhillips fell$. 39 or. 6 percent, to $65.46. Exxon Mobil Corp. rose$. 53 or. 6 percent, to $89.18.

  • Apple vs. Exxon: What's the better buy? Friday, 27 Feb 2015 | 1:08 PM ET

    If you could pick one stock, Apple or Exxon, which would it be? Scott Fearon, author of "Dead Companies Walking" has a pick that might surprise you.

  • Early Glance: Oil companies Friday, 27 Feb 2015 | 11:10 AM ET

    BP PLC rose$. 22 or. 5 percent, to $41.58. ConocoPhillips fell$. 09 or. 1 percent, to $65.76. Exxon Mobil Corp. rose$. 12 or. 1 percent, to $88.77.

  • Hmm...Exxon, Jersey reach deal in 11-year case Friday, 27 Feb 2015 | 7:29 AM ET
    Governor Chris Christie

    Exxon Mobil and New Jersey reached a settlement of about $250 million in an environmental suit seeking $8.9 billion in damages. The NYT reports.

  • The Voya Corporate Leaders Trust Fund, now run by a unit of Voya Financial Inc bought equal amounts of stock in 30 major U.S. corporations in 1935 and hasn't picked a new stock since. Some of its holdings are unchanged, including DuPont, General Electric, Procter& Gamble and Union Pacific. Others were spun off from or acquired from original components, including...

  • LAUNCESTON, Australia, Feb 27- The market chatter over forming a giant Chinese oil major through merging PetroChina and Sinopec has ramped up again recently, but the motivations for such a deal struggle to stand up to scrutiny. The Chinese authorities are mulling joining China National Petroleum Corp, the parent of PetroChina, and China Petrochemical Corp, the...

  • Feb 26- SandRidge Energy Inc said it would reduce spending by 56 percent this year and slash its rig count, as the oil and natural gas producer responds to a slump in crude prices. Oil companies such as Chevron Corp, ConocoPhillips and Apache Corp have forecast lower spending in 2015.. SandRidge's net income rose to $314.1 million, or 48 cents per share, in the fourth...

  • Final Glance: Oil companies Thursday, 26 Feb 2015 | 6:02 PM ET

    BP PLC fell$. 55 or 1.3 percent, to $41.36. ConocoPhillips fell $1.68 or 2.5 percent, to $65.85. Exxon Mobil Corp. fell$. 95 or 1.1 percent, to $88.65.

  • How the Dow Jones industrial average fared on Thursday Thursday, 26 Feb 2015 | 5:03 PM ET

    U.S. stocks ended mostly lower on Thursday, tipping the Dow Jones Industrial average and Standard& Poor's 500 index slightly below their recent all-time highs. Energy stocks fell more than the rest of the market as the price of oil plunged again. Chevron and Exxon Mobil were among the biggest decliners in the Dow.

  • US stocks close narrowly mixed as energy, data weigh Thursday, 26 Feb 2015 | 4:00 PM ET
    Traders work on the floor of the New York Stock Exchange in New York City.

    U.S. stocks closed narrowly mixed, with stocks near recent highs, as lackluster economic data and oil concerns weighed on investor sentiment.

  • *Salesforce.com climbs after results, outlook. Avago Technologies jumped 13.2 percent to $129.47 as the best performer on both the S&P 500 and Nasdaq 100 index after the company reached a deal to acquire Emulex for $8 per share. Emulex shares surged 25.4 percent to $7.97.

  • Midday Glance: Oil companies Thursday, 26 Feb 2015 | 1:19 PM ET

    BP PLC fell$. 41 or 1.0 percent, to $41.50. ConocoPhillips fell $1.58 or 2.3 percent, to $65.95. Exxon Mobil Corp. fell$. 96 or 1.1 percent, to $88.64.

  • The Dow fell 10 points, or 0.1 percent, to 18,213 as of 11:45 a.m. Eastern time Thursday. Chevron and Exxon Mobil were among the biggest decliners in the Dow. Sears fell 7 percent after the company reported its fourth straight year of falling profit and revenue.

  • Early Glance: Oil companies Thursday, 26 Feb 2015 | 10:35 AM ET

    BP PLC fell$. 59 or 1.4 percent, to $41.32. ConocoPhillips fell $1.79 or 2.7 percent, to $65.74. Exxon Mobil Corp. fell $1.01 or 1.1 percent, to $88.59.

  • Chevron and Exxon Mobil were among the biggest decliners in the Dow Jones industrial average, which eased back from its latest all-time high. Benchmark U.S. crude oil fell $2.82 to close at $48.17 a barrel on the New York Mercantile Exchange. Among individual Dow members, Chevron lost $1.52, or 1.4 percent, to $107.06 while Exxon Mobil slid 95 cents, or 1.1 percent, to...

  • The presumptive Democratic presidential candidate's environmental record has come under renewed scrutiny after the Wall Street Journal reported that the Bill, Hillary and Chelsea Clinton Foundation and the Clinton Global Initiative have accepted large donations from major energy companies Exxon Mobil and Chevron. The groups also got money from...