New Shareholder Resolution Incentivizing Big Oil's Transition to Clean Energy, Wins at SEC
PR Newswire - Fri Mar 25, 8:03AM CDT
In a key win, the Oakland-based non-profit advocacy group, As You Sow defeated ExxonMobil's attempt to suppress an innovative, first of its kind shareholder resolution. The resolution asks Exxon to report its energy resources in an energy-neutral metric - BTUs - in addition to the traditional 'barrels of oil equivalent' standard. Establishing a climate-friendly measure of energy reserves is a key step in incentivizing management, and the market, to support the transition to a clean energy economy.
XOM: 83.98 (+0.23)
ExxonMobil Shares to be Sold by Rockafellers Family Fund
Zacks Equity Research - Zacks Investment Research - Thu Mar 24, 2:20PM CDT
ExxonMobil Corporation (XOM) has found itself in troubled waters after being accused of misleading the public about climate change risks.
SEDG: 24.24 (+0.15), EVA: 21.49 (+0.16), BAK: 12.62 (-0.66), XOM: 83.98 (+0.23)
PetroChina Earnings Falter Amid Oil Crash, Cuts Capex
Nilanjan Choudhury - Zacks Investment Research - Thu Mar 24, 2:16PM CDT
PetroChina's 2015 earnings suffered due to sharp drop in oil prices, partly offset by higher output.
CEO: 115.79 (+1.63), XOM: 83.98 (+0.23), CVX: 94.85 (+1.26), PTR: 66.14 (-0.37)
Feds reject Exxon Mobil bid to block shareholder proposal
By MICHAEL VIRTANEN - AP - Thu Mar 24, 12:22PM CDT
ALBANY, N.Y. (AP) — The Securities and Exchange Commission has rejected Exxon Mobil's bid to block a shareholder proposal that would require it to disclose how its business will be affected by a 2-degree target limit on global warming.
XOM: 83.98 (+0.23)
Exxon Mobil (XOM) Stock Climbs Despite Unfavorable SEC Ruling
at The Street - Thu Mar 24, 12:17PM CDT
Exxon Mobil (XOM) stock is higher this afternoon even though the SEC ruled that it should lay out specific risks that climate change would pose to its operations.
XOM: 83.98 (+0.23)
Picking Up Distressed Shale Assets: Papa Knows Best
at The Street - Thu Mar 24, 12:00PM CDT
Former EOG executive launches focused energy fund.
BX: 26.45 (-0.51), SRAQU: 10.50 (+0.17), EOG: 74.30 (-0.04), XOM: 83.98 (+0.23)
APAC Specialty Chemicals Industry Report 2015-2020 - Analysis, Technologies & Forecasts - Key Vendors: BASF, Dow Chemicals, ExxonMobil - Research and Markets
Business Wire - Thu Mar 24, 10:49AM CDT
Research and Markets (http://www.researchandmarkets.com/research/wcm9kb/digital) has announced the addition of the "Digital Transformation of APAC Specialty Chemicals Industry" report to their offering.
XOM: 83.98 (+0.23)
Dow 30 Stock Roundup: Nike Beats on Earnings, Caterpillar Outlook Disappoints
Swarup Gupta - Zacks Investment Research - Thu Mar 24, 10:47AM CDT
The Dow moved lower due to the Brussels terror attacks and declining in crude prices.
GE: 31.11 (+0.04), IHS: 119.57 (-1.43), NKE: 61.65 (-0.79), MRKT: 34.31 (+0.73), XOM: 83.98 (+0.23), BA: 132.12 (-0.74), MAR: 68.64 (-0.96), HOT: 82.13 (-0.54), GS: 153.00 (-1.08), JPM: 59.48 (-0.46), IBM: 147.95 (+2.55), CAT: 75.29 (+1.61), CVX: 94.85 (+1.26), AAPL: 105.67 (-0.46)
Stock Market News for March 24, 2016
Zacks Equity Research - Zacks Investment Research - Thu Mar 24, 9:10AM CDT
Benchmarks closed in the red on Wednesday following losses in energy and materials stocks due to decline in crude prices
NKE: 61.65 (-0.79), FCX: 10.11 (+0.36), NEM: 25.40 (+0.42), COP: 40.04 (+0.19), XOM: 83.98 (+0.23), AA: 9.57 (+0.25), PXD: 139.19 (+2.42), LYB: 85.37 (+0.66), GILD: 91.32 (+1.24), IBM: 147.95 (+2.55), CHK: 4.25 (+0.12), MRK: 53.07 (-0.01), EOG: 74.30 (-0.04), DD: 63.95 (+0.20), OXY: 68.51 (+0.22), CVX: 94.85 (+1.26)
March 24 Premarket Briefing: 10 Things You Should Know
at The Street - Thu Mar 24, 5:03AM CDT
U.S. stock futures are lower Thursday after oil prices decline and a Fed official says the central bank should consider raising rates at its meeting next month.
YHOO: 34.86 (+0.06), GME: 30.27 (-0.10), XOM: 83.98 (+0.23), AAL: 40.50 (-1.42), AAPL: 105.67 (-0.46), ACN: 114.30 (+6.64), FINL: 19.07 (+0.13), YUM: 79.35 (-1.20)
3 Energy Companies That Will Probably Raise Their Dividends in 2016
Jay Yao, The Motley Fool - Motley Fool - Wed Mar 23, 12:05PM CDT
Image Source: Pixabay While crude prices are hovering around their start-of-the-year levels and many independents are still bleeding cash, the fundamentals of three energy companies -- ExxonMobil (NYSE: XOM), Spectra Energy (NYSE: SE), and ...
KMI: 18.09 (+0.34), PSX: 88.06 (-0.06), SE: 30.44 (+0.04), XOM: 83.98 (+0.23), COP: 40.04 (+0.19)
Trending Tickers: XOM, NKE, PBR, KKD, VRX
at The Street - Wed Mar 23, 12:04PM CDT
Oil prices continued to dictate market results on Wednesday as both the commodity and major indices declined.
PBR: 5.40 (+0.04), VRX: 31.09 (-2.34), NKE: 61.65 (-0.79), XOM: 83.98 (+0.23)
Suncor Acquires Canadian Oil Sands, Shares to Delist This Week
Zacks Equity Research - Zacks Investment Research - Tue Mar 22, 2:15PM CDT
Suncor Energy Inc. (SU), Canada's largest energy firm, announced that it has completed the acquisition of Canadian Oil Sands Ltd. after minority shareholders voted in favor of the takeover.
SU: 27.07 (+0.15), XOM: 83.98 (+0.23)
Three ETF Strategies for Conservative Investors
at The Street - Tue Mar 22, 1:41PM CDT
Japanese stocks have disappointed investors thus far in 2016, despite the Bank of Japan's attempt to stimulate the economy via negative interest rates.
T: 38.88 (+0.34), DYLS: 26.16 (-0.23), JDG: 22.95 (+0.81), XOM: 83.98 (+0.23), DHS: 62.44 (+0.18), VZ: 53.56 (+0.65), JHDG: 22.24 (-0.28)
Watch for Shares of Exxon Mobil (XOM) to Approach Support at $83.10
Comtex SmarTrend(R) - Tue Mar 22, 9:25AM CDT
Shares of Exxon Mobil (NYSE:XOM) have bearishly opened below the pivot of $83.74 today and have reached the first support level of $83.35. Investors may be interested in a cross of the next downside pivot targets of $83.10 and $82.46.
XOM: 83.98 (+0.23)
Rising Crude Fails to Lift Energy Sector
at The Street - Mon Mar 21, 3:07PM CDT
Crude oil supported more gains for equities on Monday, though trading continued to show a cautious investor at work on Wall Street.
VRX: 31.09 (-2.34), IHS: 119.57 (-1.43), MRKT: 34.31 (+0.73), XOM: 83.98 (+0.23), COP: 40.04 (+0.19), MAR: 68.64 (-0.96), HOT: 82.13 (-0.54), VAL: 105.88 (+0.88), RDS.A: 48.28 (+0.58), SHW: 281.35 (-1.64), CVX: 94.85 (+1.26), AAPL: 105.67 (-0.46), XLE: 61.84 (+0.30)
Chevron's First Gorgon Development LNG Cargo Dispatched
Zacks Equity Research - Zacks Investment Research - Mon Mar 21, 2:40PM CDT
Chevron Corporation (CVX) has announced that it has sent the first liquefied natural gas cargo from its $54 billion worth Gorgon development, located off the coast of Australia.
BAK: 12.62 (-0.66), RDS.A: 48.28 (+0.58), XOM: 83.98 (+0.23), CVX: 94.85 (+1.26)
ExxonMobil to Build LNG Plant in Russia Despite Macro Risks
Zacks Equity Research - Zacks Investment Research - Mon Mar 21, 1:55PM CDT
ExxonMobil Corporation (XOM) is contemplating the construction of a liquefied natural gas (LNG) plant in Russia despite low energy prices and set backs from the nation's gas monopoly, Gazprom.
SEDG: 24.24 (+0.15), EVA: 21.49 (+0.16), BAK: 12.62 (-0.66), XOM: 83.98 (+0.23)
What Will Become of Royal Dutch Shell's 8% Dividend?
Ryan Vanzo, The Motley Fool - Motley Fool - Mon Mar 21, 1:25PM CDT
Image Source: Royal Dutch Shell corporate website Royal Dutch Shell has always been an outsized dividend payer. From 2011 to 2014, its annual yield averaged roughly 5%, almost double that of its most comparable competitor, ExxonMobil . Since...
XOM: 83.98 (+0.23), BP: 30.42 (+0.22), MCO: 92.95 (-1.31)
Arjuna Capital -- Tough Proxy Climate: Exxon, Chevron Face Stranded Carbon Asset Resolutions After Losing Bids At SEC To Kill Votes
PR Newswire - Mon Mar 21, 12:30PM CDT
As Exxon and Chevron face increasingly serious climate change headwinds, the Securities and Exchange Commission (SEC) has cleared the way for shareholders to weigh in on the strategic direction of the beleaguered oil giants. Climate-related resolutions filed by investment managers Arjuna Capital and Baldwin Brothers Inc., have survived challenges mounted by both companies at the SEC.
XOM: 83.98 (+0.23)