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Exxon Mobil Option Trader Makes Big Bearish Bet On More Downside After Oil Prices Drop Below $0

Exxon Mobil Corporation (NYSE: XOM) has been one of the worst-performing large stocks in the entire S&P 500 in over the past decade, and is off to a horrendous start to 2020 thanks to COVID-19. read more.....»»

Category: blogSource: benzingaApr 20th, 2020

Houston-area bank CEO takes leave of absence after contracting COVID-19

An interim CEO has been named until he returns from his medical leave......»»

Category: topSource: bizjournalsApr 7th, 2020

Exxon Mobil cutting FY20 CapEx by 30%, cash OpEx by 15% due to COVID-19

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallApr 7th, 2020

Houston-area counties working together to boost hospital capacity if COVID-19 spread worsens

This story excerpt is courtesy of our partners at KHOU 11. Click here for KHOU's full story, and click here for more coronavirus coverage from KHOU. HOUSTON — One top emergency official says 25 counties in the region are working together to make s.....»»

Category: topSource: bizjournalsMar 28th, 2020

Exxon, after debt rating cut, looking to "significantly" cut expenses

Exxon Mobil Corp. said late Monday it is "looking to significantly reduce spending" in the near-term as a result of market conditions caused by the COVID-19 pandemic and commodity price decreases. "We will outline.....»»

Category: topSource: marketwatchMar 16th, 2020

Houston-area school districts ramp up cleaning, cancel travel amid coronavirus concerns

School districts across the greater Houston area are ramping up their cleanliness practices and are canceling travel plans amid nationwide concerns over the spread of the novel coronavirus that causes COVID-19.  Houston Independent School Distric.....»»

Category: topSource: bizjournalsMar 11th, 2020

Exclusive: Exxon aims to sell $25 billion of assets to focus on mega-projects - sources

Exxon Mobil plans to sell up to $25 billion of oil and gas fields in Europe, Asia and Africa in its biggest asset sales for decades, seeking to free up cash to focus on a handful of mega-projects, according to three banking sources......»»

Category: topSource: reutersNov 21st, 2019

Exclusive: Exxon steps up assets sales with sweeping $25 billion plan - sources

Exxon Mobil is accelerating its biggest asset sales in decades with plans to divest up to $25 billion of oil and gas fields in Europe, Asia and Africa as it sharpens its focus on a handful of mega projects at home and abroad, banking sources said......»»

Category: topSource: reutersNov 21st, 2019

Money Talks: These are Houston"s highest-paying public companies

It pays to work at many of the largest public companies based in the Houston area. For the second year in a row, public companies across the United States have had to reveal their median employee pay. The Dodd-Frank Wall Street Reform and Consumer P.....»»

Category: topSource: bizjournalsOct 6th, 2019

Exclusive: Repsol in advanced talks to buy Exxon assets in Gulf of Mexico - sources

Spanish oil giant Repsol SA is in advanced talks to acquire some deepwater assets in the U.S. Gulf of Mexico from Exxon Mobil Corp for about $1 billion, three people familiar with the matter said on Monday......»»

Category: topSource: reutersSep 9th, 2019

Exclusive: Exxon agrees $4 billion sale of Norway oil and gas assets - sources

Exxon Mobil has agreed to sell its Norwegian oil and gas assets for up to $4 billion, marking the U.S. firm's exit from production in the country after more than a century, three sources familiar with the matter said on Thursday......»»

Category: topSource: reutersSep 5th, 2019

Photos: Houston-area community college debuts new energy, technology campus

San Jacinto College’s newest facility, the Center for Petrochemical, Energy and Technology, is almost ready for students. The CPET, at 7901 W. Fairmont Parkway in Pasadena, will open its doors Aug. 26. Click through the slideshow above for a look .....»»

Category: topSource: bizjournalsAug 22nd, 2019

Exclusive: After 50 years in UK North Sea, Exxon eyes the exit - sources

Exxon Mobil is considering a sale of its assets in the British North Sea after more than 50 years in the oil and gas basin as it focuses on U.S. shale production and new projects......»»

Category: topSource: reutersAug 13th, 2019

Exclusive: Exxon eyes UK North Sea exit after 50-year presence - sources

Exxon Mobil is considering an exit from the British North Sea after more than 50 years in the oil and gas basin as it focuses on U.S. shale production and new projects......»»

Category: topSource: reutersAug 13th, 2019

Here"s what the typical worker earns at 50 top U.S. companies

Looking for a job and want to know where the pay is likely to be best? It may be in black gold. Out of 50 of the largest companies in America, the highest median employee pay in 2018 was at Texas-based oil giants Phillips 66 and Exxon Mobil Corp. H.....»»

Category: topSource: bizjournalsJun 4th, 2019

Looking for a job? Here"s the 2018 median pay at 50 top U.S. companies (Slideshow)

Looking for a job and want to know where the pay is likely to be best? It may be in black gold. Out of 50 of the largest companies in America, the highest median employee pay in 2018 was at Texas-based oil giants Phillips 66 and Exxon Mobil Corp. H.....»»

Category: topSource: bizjournalsJun 3rd, 2019

Here"s the 2018 median pay at 50 top U.S. companies, including P&G: SLIDESHOW

Looking for a job and want to know where the pay is likely to be best? It may be in black gold. Out of 50 of the largest companies in America, the highest median employee pay in 2018 was at Texas-based oil giants Phillips 66 and Exxon Mobil Corp. H.....»»

Category: topSource: bizjournalsJun 2nd, 2019

Here"s the 2018 median pay at 50 top U.S. companies

Looking for a job and want to know where the pay is likely to be best? It may be in black gold. Out of 50 of the largest companies in America, the highest median employee pay in 2018 was at Texas-based oil giants Phillips 66 and Exxon Mobil Corp. .....»»

Category: topSource: bizjournalsApr 16th, 2019

Exclusive: Exxon weighs sale of Nigerian oil and gas fields for up to $3 billion

Exxon Mobil recently held talks on the sale of a suite of oil and gas fields in Nigeria as the company focuses on new developments in U.S. shale and Guyana, industry and banking sources told Reuters......»»

Category: topSource: reutersApr 2nd, 2019

Exclusive: Exxon eyes Israel gas bid in major Middle East shift

Exxon Mobil Corp is considering exploring for oil and gas in Israel, said a person with direct knowledge of the matter, in what would make Exxon the first oil major to operate in the country still technically at war with Gulf Arab states......»»

Category: topSource: reutersMar 13th, 2019