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Recovery in oil prices, strong results from Exxon Mobil send investors back to energy stocks

2015-02-03 13:24:57| Energy - Topix.net

Better-than-expected earnings from Exxon Mobil and a recovery in the price of oil brought investors back into energy stocks Monday. The S&P 500 index rose 25 points, or 1.3 per cent, to 2,020.

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Exxon Mobil posts 4Q profit of $6.57 billion, result tops expectations

2015-02-02 16:11:56| Chemicals - Topix.net

The results beat Wall Street expectations, but Exxon does not adjust its reported results based on one-time events such as asset sales. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of $1.33 per share.

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A view of the Exxon Mobil refinery in Baytown, Texas September 15, 2008. REUTERS/Jessica Rinaldi

2015-02-01 23:33:46| Chemicals - Topix.net

Union workers took to picket lines on Sunday after strikes were called at nine U.S. refineries and chemical plants in a bid to pressure oil companies to agree to a new national contract covering workers at 63 plants. The walkouts, the first held in support of a nationwide pact since 1980, target plants that together account for about 10 percent of U.S. refining capacity.

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Stay Away From Exxon Mobil Stock Ahead of Fourth-Quarter Earnings

2015-02-01 02:45:40| Chemicals - Topix.net

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Exxon Mobil updates anti-discrimination employment policy

2015-01-31 07:27:35| Energy - Topix.net

Spokesman Alan Jeffers said Friday that the Irving, Texas-based oil giant added these protections to comply with federal law. In July, President Barack Obama signed an executive order that expanded protections for gay and transgender employees of federal contractors.

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