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Exxon bought XTO Energy last year, making it the largest gas producer in the US, he report said.
Exxon shares are up 0.92%, or $0.74, to $81.50.
Shares of Exxon Mobil (XOM) are higher on a Bloomberg report the oil major spent $1.69 billion for two privately held energy explorers to gain shale-gas reserves in Pennsylvania and adjacent states.
Exxon Mobil (NYSE:XOM) announced two major oil discoveries and a gas discovery in the deepwater Gulf of Mexico after drilling the company's first post-moratorium deepwater exploration well. Steve Greenlee, president of ExxonMobil
Light, sweet crude oil for May delivery is trading down 2.6% to $109.86 a barrel. In other energy futures, heating oil was down 1.79% to $3.26 a gallon while natural gas was up 1.44% to $4.09 per million British thermal units.
In mid-day energy news, shares of BHP Billiton (BHP) are higher as Bloomberg reports the world's largest mining company squelched speculation that it plans to buy Royal Dutch Shell's stake in Woodside Petroleum.
Energy shares are mixed to lower in mid-day trading as crude oil futures slipped throughout the morning to trade under $110 a barrel.
The company will handle natural gas supply, risk management, hedging, budget analysis, energy market monitoring and other services for Toyota manufacturing facilities in the U.S., Canada and Mexico. It will also provide risk manag
Constellation Energy (NYSE:CEG) said it reached a deal with Toyota Motor Corp.'s (NYSE:TM) North American engineering and manufacturing operations to manage its natural gas needs.
Shares of Exxon Mobil (XOM) are down after Bloomberg reported the oil major is planning to spend $100 million a day for the next five years on capital projects such as natural-gas plants and new oil wells. Speaking at an analyst m
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Shares of Questar (NYSE:STR) have bearishly opened below the pivot of $25.80 today and ...
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Shares of Total System Services (NYSE:TSS) have bearishly opened below the pivot of $24 ...
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Shares of Waters (NYSE:WAT) opened today below their pivot of $98.23 and have already r ...
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Rockwell Automation (NYSE:ROK) has opened bearishly below the pivot of $90.77 today and ...
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Shares of Entergy (NYSE:ETR) opened today below their pivot of $70.32 and have already ...
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DENTSPLY International (NASDAQ:XRAY) has opened bearishly below the pivot of $42.24 tod ...
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Shares of Sealed Air (NYSE:SEE) have bullishly opened above the pivot of $23.81 today a ...
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Shares of Whirlpool (NYSE:WHR) opened today above their pivot of $130.34 and have alrea ...
From FNNO.com, this is the Financial News Network. I’m Cleo
Stiller-Farrell and this is your Midweek Market Wrap Up. The British
Bankers’ Association, which has the supervisory role of setting the
influential Libor rates, announced that it would be willing to give up
its...
The Wall Street Journal reports that home prices showed their best year-to-date gains since 2005, up 5.9% through July, signaling the housing market's steady march toward recovery. Also from the Wall Street Journal, IBM (IBM) will increase its efforts to sell so-called cloud computing services...
CEO Marissa Mayer is bringing in some more new blood to Yahoo!, tapping Ken Goldman as the company's new Chief Financial Officer. Goldman's appointment will take effect on October 22nd.
Goldman served as CFO at his most recent employer, Fortinet, having worked at Siebel Systems, Sybase,...
