8:17am ET
Energy
Chevron Clears Low Bar (CVX, XOM)
Chevron Corporation (NYSE:CVX) reported EPS for the first quarter of 2009 of $0.92, down 64% from EPS of $2.48 for the same period a year ago, but better than consensus estimates of…
Companies
/Energy
Exxon Mobil Corp
$158.71
▲ $0.41 (+0.26%) today
Markets closed · 3:24am ET
XOM Coverage
Page 1843:00am ET
Investing
Media Digest 5/1/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, lenders will object to the Chrysler Chapter 11 filing. Reuters reports that Switzerland is asking US a court to halt a case against UBS (UBS). Reuters reports that SMFG will buy…
7:58am ET
Energy
Exxon Sees Wrath of Low Oil Prices (XOM)
Exxon Mobil Corp. (XOM) got to see exactly what the impact of lower oil prices does to the top-line. The company posted earnings of $0.92 EPS, which is down from $2.02 a…
Douglas A. McIntyre 4:41am ET
Media
The Uselessness Of The Fortune 500 (WMT)(XOM)
The Fortune 500, which has become one of the most useless exercises in business journalism, has been released again. It covers company financials for the year 2008. In this annual edition, Exxon Mobil…
2:59am ET
Media
Media Digest 4/20/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, PepsiCo (PEP) is offering $6 billion for a number of its bottlers. Reuters reports that GlaxoSmthKline (GSK) is in talks to buy Stiefel Laboratories. Reuters writes that the US…
6:52am ET
Energy
Analysts Clip Oil Patch (ME, BP, CVX, COP, XOM, RDS.A)
These are some of the analyst calls we have seen up and down in the oil patch this Tuesday morning: Mariner Energy (ME) Started as Buy at Jefferies. BP (BP) Cut to…
10:02am ET
Energy
Refiners and Oil Prices, Conundrum and Quagmire (VLO, MRO, TSO, WNR, XOM, CVX)
There has been a never-ending battle between rapidly changing energy prices and the effect on margins at refineries. Since the beginning of the year, the best-performing crude oil refiner has been Western…
10:23am ET
Investing
Exxon/Russia: Approving Sakhalin Budget (XOM)
Exxon Mobil Corporation (NYSE:XOM) has reportedly received approval from the Russian government for its proposed budget for the Sakhalin-I project. Exxon owns 30% of the joint venture that is developing the oil…
Douglas A. McIntyre 5:23am ET
Investing
R&D, Which Holds Up In Fourth Quarter, May Dive In The First
According to The Wall Street Journal, large US companies held their R&D spending steady in the fourth quarter of last year even though in most cases their revenue fell. According to the…
1:52pm ET
Investing
S&P 500 Pushes Toward 25% Gain Since March 9th
At 842, the S&P is pushing near a 25% gains since it bottomed for the year-to-date at 677 on March 9th. The bank stocks continue an extraordinary run over that period. Citigroup…
2:56am ET
Energy
The “Green” Hypocrisy: America’s Corporate Environment Champions Pollute The World
“Green is green as in the color of money” – Brand director of General Electric, Brandweek, July 26, 2006 “Greenwashing” is the act of misleading the public regarding the environmental practices of…
7:43am ET
Investing
Government Tries Again to Get Royalty Payments (APC, BP, CVX, XOM)
Back in January a federal three-judge panel ruled that Anadarko Petroleum Corporation (NYSE:APC) was entitled to royalty relief on production from certain Gulf of Mexico leases, even though the government had made…
3:59am ET
Investing
A Renaissance for Big Acquisitions
A large part of the money that was made by banks and investment banks from 2004 through most of 2007 was made from mergers and acquisitions. When the credit markets fell apart,…
4:00am ET
Banking, finance, and taxes
Ten Stocks That Should Double (GE)(GCI)(AAPL)(YHOO)(MSFT)(COP)(XOM)(CVX)(BP)(TSCM)(CBS)(SONC)(M)(C)
Now that final numbers from 2008 have been filed for most large US companies, 24/7 Wall St. is picking several stocks that are likely to double off of their lows, almost all…
7:20am ET
Energy
Oil & Energy Upgrades & Downgrades (APA, DNR, E, XOM, OXY, PXP, RDS.A, SPWRA)
These are the top analyst calls we have seen in the oil patch and in the energy sector this Monday morning: Apache (NYSE: APA) Raised to Outperform at Credit Suisse. Denbury Resources…