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Time To Consider Exxon Mobil
2015-10-02 15:56:05| Chemicals - Topix.net
While waiting for a significant rebound in the price of oil, investors can enjoy the generous dividend yielding about 4% a year. In my view, XOM stock should be included in every diversified large cap dividend stocks portfolio, and now is the right time to buy the stock.
Court to rule on $236M verdict in Exxon Mobil pollution case
2015-10-02 11:52:26| Chemicals - Topix.net
New Hampshire's highest court is set to rule on whether a record $236 million judgment should stand against Exxon Mobil in a groundwater contamination case. A jury reached the verdict in 2013 after finding the company liable in a long-running lawsuit over contamination by the gasoline additive MTBE.
US stocks head mostly lower to start new month; Exxon Mobil, Chevron rise along with oil
2015-10-01 17:31:32| Oil & Gas - Topix.net
U.S. stocks started a new month lower a day after the market wrapped up its worst quarter in four years. Exxon Mobil, Chevron and other oil producers bucked the trend early Thursday, following crude oil higher.
Exxon Mobil to sell troubled Southern California refinery
2015-10-01 00:00:39| Oil & Gas - Topix.net
The oil giant and PBF Energy Inc. announced Wednesday that the sale of the Torrance plant is expected to close next year. The shutdown led to a shortage of gasoline that meets California's stricter pollution regulations and led to higher prices at the pump for drivers in the Golden State.
Tags: sell
california
southern
mobil
Exxon Mobil to sell troubled Southern California refinery
2015-10-01 00:00:38| Oil & Gas - Topix.net
Exxon Mobil Corp. is selling its troubled Southern California refinery for $537 million to a New Jersey energy company more than six months after an explosion crippled the plant and led to higher gas prices in the Golden State, according to an announcement Wednesday. PBF Energy Inc., one of the largest independent oil refiners in North America, said it will purchase the Torrance plant that can produce 155,000 barrels of oil a day.
Tags: sell
california
southern
mobil
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