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>> EXXON MOBIL Latest News

7 HOURS AGO - Investors Business Daily

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Exxon Announces 2nd Successful Vaca Muerta Shale Well

Exxon Mobil (XOM) announced its second successful drilled well in the Vaca Muerta shale deposit in Argentina. The oil giant along with Chevron (CVX) and Royal Dutch Shell (RDSA) are drilling in the area, which is twice the size of the Eagle Ford shale play in Texas. Exxon said its Invernada X-3 well is producing 448 barrels of oil and ...

Tags: Exxon Announces 2nd Successful Vaca Muerta Shale Well,  Exxon Mobil Latest News

12 HOURS AGO - TheStreet

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Two Factors Helping ConocoPhillips (COP) Stock Up Today

NEW YORK (TheStreet) -- Shares of ConocoPhillips are rising, higher by 1.11% to $67.68 in midday trading Thursday, as oil producers are cutting capital expenditure for next year. The oil and gas producer announced plans to cut its 2015 capital budget by 20% from a year ago to $13.5 billion. The company said the reduction in capital reflects its decision to lower ...

Tags: Two Factors Helping ConocoPhillips (COP) Stock Up Today,  Exxon Mobil Latest News

18 HOURS AGO - TheStreet

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Think Oil Prices Will Rebound Next Year? Here's How to Play It

NEW YORK ( TheStreet) -- If you believe oil prices are inevitably headed higher next year, energy analysts at Credit Suisse Securities Research and Will Riley, a portfolio manager, think they know the best way to play the move.  They recommend buying energy companies with enough balance sheet leverage to look scary -- so that they have fallen more than the safer names ...

Tags: Think Oil Prices Will Rebound Next Year? Here's How to Play It,  Exxon Mobil Latest News

DEC 17, 2014 - Business Insider

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Chevron Cancels Canadian Arctic Drilling As Oil Prices Slide

CALGARY, Alberta (Reuters) - Chevron Corp is putting a plan to drill for oil in the Beaufort Sea in Canada's Arctic on hold indefinitely because of what it called "economic uncertainty in the industry" as oil prices fall.In a letter to Canada's National Energy Board on Wednesday, the company withdrew from a hearing on Arctic drilling rules because it has ...

Tags: Chevron Cancels Canadian Arctic Drilling As Oil Prices Slide,  Exxon Mobil Latest News

DEC 17, 2014 - TheStreet

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Stocks Rally in Relief as Fed Signals Steady-as-She-Goes Approach to Rate Hike

NEW YORK (TheStreet) -- The Federal Reserve acted as usual on Wednesday. Its statement, much like others before it, was confusing and said little new as to exactly when the central bank might raise rates. Still, investors rejoiced as stocks rallied on news that Chair Janet Yellen and her colleagues didn't drastically change their conservative tone. The Fed said it would ...

Tags: Stocks Rally in Relief as Fed Signals Steady-as-She-Goes Approach to Rate Hike,  Exxon Mobil Latest News