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XOM On Other Exchanges
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Bogota
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exxon mobil corp (XOM) Snapshot

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52 Week High
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Average Volume 10 Days
0.0
EPS TTM
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Shares Outstanding
4.2B
EX-Date
05/11/15
P/E TM
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Dividend
$2.92
Dividend Yield
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Current Stock Chart for EXXON MOBIL CORP (XOM)

exxon mobil corp (XOM) Details

Exxon Mobil Corporation explores for and produces crude oil and natural gas in the United States, Canada/South America, Europe, Africa, Asia, and Australia/Oceania. It also manufactures and markets commodity petrochemicals, including olefins, aromatics, polyethylene and polypropylene plastics, and specialty products; and transports and sells crude oil, natural gas, and petroleum products. The company has approximately 35,446 gross and 29,870 net operated wells. Exxon Mobil Corporation was founded in 1870 and is headquartered in Irving, Texas.

75,300 Employees
Last Reported Date: 02/25/15
Founded in 1870

exxon mobil corp (XOM) Top Compensated Officers

Chairman, Chief Executive Officer, President,...
Total Annual Compensation: $6.5M
Senior Vice President
Total Annual Compensation: $3.4M
Senior Vice President
Total Annual Compensation: $3.0M
Senior Vice President
Total Annual Compensation: $3.0M
Compensation as of Fiscal Year 2014.

exxon mobil corp (XOM) Key Developments

Exxon Mobil Corporation Provides Update on the Lawsuit

Attorneys for Exxon Mobil announced on April 29, 2015 that plaintiffs who want a federal judge to vacate his decision dismissing a class-action lawsuit against the company are merely rehashing past arguments. In a document filed with U.S. District Court in Little Rock, the attorneys wrote, "Plaintiffs have offered no compelling reason for the Court to revisits its rulings, which came after the parties created a voluminous record of briefing and exhibits for the Court's consideration. Based upon that record, the Court correctly decertified the class because the plaintiffs sought certification of a claim that is preempted by federal law. Attorneys for two couples who own land in Mayflower asked U.S. District Judge Brian Miller on April 13 to vacate his March order decertifying the class-action and dismissing the lawsuit. Miller previously had granted class-action status to the lawsuit on behalf of landowners whose property is physically crossed by Exxon Mobil's Pegasus pipeline from Corsicana, Texas, to Patoka, Ill. The couples sued after the pipeline, which also runs through Arkansas and Missouri, ruptured in a Mayflower neighborhood on March 29, 2013, and spilled an estimated 134,000 gallons of heavy crude oil. Exxon Mobil's attorneys also contended that the plaintiffs have failed to show that Exxon's easements along the Pegasus pipeline have created any duties for the company "to maintain and repair the pipeline to the satisfaction of plaintiffs.

Exxon Mobil Corporation Reports Earnings and Production Results for the First Quarter Ended March 31, 2015; Provides Production Guidance for the Full Year 2015

Exxon Mobil Corporation reported earnings and production results for the first quarter ended March 31, 2015. For the period, the company reported total revenues and other income of $67,618 million against $106,325 million for the same period a year ago. Income before income taxes was $6,635 million against $15,227 million for the same period a year ago. Net income attributable to the company was $4,940 million or $1.17 per share assuming dilution against $9,100,000 or $2.10 per share assuming dilution for the same period a year ago. Capital and exploration expenditures were $7,704 million against $8,436 million for the same period a year ago. Cash flow from operations and asset sales was $8.5 billion, including proceeds associated with asset sales of $484 million against $16.2 billion for the same period a year ago. CapEx was $7.7 billion. For the period, the company reported net production of crude oil, natural gas liquids, bitumen and synthetic oil of 2,277,000 barrels per day against 2,148,000 barrels per day for the same period a year ago. Upstream production volumes were more than 2% higher compared to a year-ago quarter, benefiting from new developments in Papua New Guinea, Canada, Angola, Indonesia and U.S. onshore liquids plays. Natural gas production decreased 188 million cubic feet per day or 1.6%. Field decline and divestment impacts were partly offset by volume adds for Papua New Guinea LNG and higher entitlements. By the year end 2015, the company expects peak field production of more than 200,000 barrels per day.

Exxon Mobil Seeks Acquisitions

Exxon Mobil Corporation (NYSE:XOM) is seeking acquisitions. Jeff Woodbury, ExxonMobil's Vice President of IR & Corporate Secretary, said "But likewise, we keep very alert to opportunities on the horizon for acquisitions, and that may be bolt-on acquisitions, as I said in the past, that provide natural synergies to existing operations that we can capture incremental value from, or larger acquisitions that fundamentally will provide strategic value for us in the long term."

 

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