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Xom news and technical articles from Oil & Gas Financial Journal. Search Xom latest and archived news and articles
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Share repurchase activity could hit $25 billion this year
… ConocoPhillips (COP:$76.27), ExxonMobil ( XOM :$46.98), Royal Dutch (RD:$51 ..... denominator of net capital. For example, XOM and TOT, the most aggressive share repurchasers ..... 21.37 per share. Share buybacks at XOM have averaged roughly $5 billion per annum …
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Application of Markowitz portfolio theory in the oil and gas industry
… three assets shown in Table 1, ExxonMobil ( XOM ), Chevron (CVX), and Southwest Airlines ..... intuition suggests that the returns of XOM and CVX are closely correlated and, hence ..... commodity prices increase, the revenues of XOM and CVX increase, then prices go down …
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ExxonMobil making massive energy investment
Exxon Mobil Corporation (NYSE: XOM ) plans to invest approximately $185 billion over the next five years to develop new supplies of energy to meet expected growth …
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First Marcellus test wells fall short for Penn Virginia
… learning curve with well results moving more in-line with its neighboring operators such as UPL [Ultra Petroleum Corp.] and XOM [ExxonMobil].” The company has a one rig and 11 well drilling program in place in the Marcellus for 2011.
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ExxonMobil increases Marcellus Shale holdings by acquiring private cos
By Oil & Gas Financial Journal staff ExxonMobil (NYSE: XOM ) has added to its Marcellus Shale acreage with the purchase of two privately held oil and gas operators, Phillips Resources Inc …
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XTO purchases $2.048B principal amount of debt securities
IRVING, Texas –XTO Energy Inc., now a wholly-owned subsidiary of Exxon Mobil Corp. (NYSE: XOM ) , noted today that the previously announced cash tender offers for any and all of its outstanding debt securities in the series …
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XTO places new Bakken well on production
XTO Energy Inc., now a subsidiary of ExxonMobil (NYSE: XOM ) , has concluded completion operations on the Mondak Federal #11X-14H well in Section 14, T148N-R105W in the Bakken shale …
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ExxonMobil awards Multi-Zone Stimulation Technology license to Calfrac Well Services
… technology will allow Calfrac to combine perforating and fracturing into one operation IRVING, Texas – Exxon Mobil Corp. (NYSE: XOM ) will license its Multi-Zone Stimulation Technology (MZSTSM) well treatment process to Calfrac Well Services Ltd. of Calgary …
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Merger mania: Corporate-level deals in flux in energy M&A space
… comparison. Market conditions are quite different than the same time last year—thankfully! The Exxon/XTO Energy (NYSE: XOM /NYSE: XTO) deal announced in December 2009 really set the tone for the considerable deal flow we're experiencing today …
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Oil shale deal flow heating up in Bakken, Niobrara
… Williston oil shale. In fact, two of last year's larger deals were linked to Rocky Mountain oil. The ExxonMobil (NYSE: XOM )/XTO (NYSE: XTO) deal included assets in the Bakken representing approximately $1.8 billion in value, and it was Encore …