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CEO says Exxon ready for acquisitions, investing in business

2016-03-02 19:53:56| Oil & Gas - Topix.net

" Exxon is interested in acquisitions while oil prices are low, but CEO Rex Tillerson says sellers have unrealistic price expectations. Tillerson said Wednesday that Exxon Mobil Corp. is in financial position to pursue acquisitions or change its spending plans depending on what happens to the oil market.

Tags: business ready ceo investing

 

North Star Investment Management Boosts Position in Exxon Mobil Co.

2016-03-02 04:44:09| Chemicals - Topix.net

North Star Investment Management boosted its stake in Exxon Mobil Co. by 19.6% during the fourth quarter, according to its most recent filing with the SEC.

Tags: management north position star

 
 

Exxon planning $12 billion bond sale to build war chest

2016-03-01 04:55:42| Chemicals - Topix.net

Exxon Mobil, the Irving-based oil giant at risk of losing its top-notch credit rating, is planning to raise $12 billion in its biggest bond offering as it seeks funds for future acquisitions and other business opportunities. The world's largest oil company is offering debt in eight parts at above average yields, according to a person with knowledge of the matter.

Tags: sale war planning build

 

Exxon Mobil's Exploration Costs Hint At A Production Cliff

2016-02-27 03:33:12| Chemicals - Topix.net

The majority of Exxon Mobil's oil finds have come from high cost regions, despite a focus on lower cost regions. One of the most interesting charts for Exxon Mobil compares capital expenditures and cash from operations.

Tags: costs production exploration cliff

 

Exxon Mobils insane argument against action on climate change

2016-02-27 02:37:00| Climate Ark Climate Change & Global Warming Newsfeed

Grist: Exxon Mobil has devised a bizarre new argument to wriggle away from its shareholders demands: Humanity cant fix the problem we created, so we shouldnt even try. Yep as it turns out, Exxon Mobils shareholders care a lot more about climate change than the company itself does. The planets largest publicly traded oil and gas company challenged a resolution about climate change regulations from its own shareholders on Friday, arguing that its a practical improbability that the emissions-restricting...

Tags: change action argument climate

 

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