Financial Review on Basic Materials Stocks Exxon Mobil Corp.

Financial Review on Basic Materials Stocks Exxon Mobil Corp. and BP
plc -- Oil and Gas Companies Investing and Divesting 
NEW DELHI, INDIA -- (Marketwire) -- 10/29/12 --  Oil prices fell
again recently, as crude supplies in the U.S. increased more than
expected and soft European data put a damper on expectations
overseas. While lower oil prices are a concern, the major integrated
oil & gas industry has been awash with news of its own as of late, as
a number of industry players, such as Exxon Mobil Corp. (NYSE: XOM)
and BP plc (NYSE: BP), have been taking steps to improve their
operations. The Major Integrated Oil & Gas industry has seen the
above updates lately. And members can today access complimentary
reports for two companies, Exxon Mobil Corp. and BP plc, serving this
industry by following this link  
http://www.street-wire.com/register.php  
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Strategic expansions have been a popular route for improving sales
and earnings in 2012, and Exxon Mobil Canada, a subsidiary of Exxon
Mobil, has been active in this regard. The company stated that it has
come to an agreement with Celtic Exploration Ltd., whereby an
affiliate of Exxon Mobil Canada will acquire Celtic. The deal will
significantly increase the company's oil and natural gas production
capabilities. Exxon Mobil Corp. financial analysis available by
signing up for free at 
http://www.street-wire.com/XOM29102012.pdf  
Select companies have also been looking to improve their positions by
divesting themselves of non-core assets. BP falls into this category,
as it newly announced that it has reached an agreement to sell its
Texas City, Texas refinery, as well as some of its retail and
logistic
s network. BP is looking to focus on its three northern
refineries. Street-Wire.com posted financial analysis on BP plc
today, members can access it at 
http://www.street-wire.com/BP29102012.pdf  
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