ExxonMobil

This weekend in Barron's online: signs point to a rebound in U.S. home prices, a look at Total, Novartis and Qualcomm, as well as the IPO of the third-largest stock exchange in the United States. Cover Story “Home Prices Ready to Rebound” by Jonathan R. Laing. U.S. home prices have fallen 34%...

First, the good news... U.S. oil company ExxonMobil is reporting a "potentially significant" gas discovery off the coast of Vietnam, stating in a press release, "We can confirm ExxonMobil Exploration and Production Vietnam Limited drilled its second exploration well offshore Danang in August 2011...

The U.S.-Russia Business Council Board Members, led by USRBC Chairman Klaus Kleinfeld of Alcoa, met today with President Medvedev in St. Petersburg at The St. Petersburg International Economic Forum to present him with a letter voicing their full support for the Russian Federation's accession to...

Jefferies is out with its report on ExxonMobil (NYSE: XOM), commenting on XOM's Q4 10 earnings. In a note to clients, Jefferies writes, "XOM reported excellent earnings, clean net income of US$9.25bn was a rise of 53% YoY, which at present is the best result of the global integrated majors in this...

Credit Suisse is out with its report today on ExxonMobil (NYSE: XOM), raising its PT from $76 to $84 thanks to an EPS beat. In a report sent to clients, Credit Suisse notes, "an 'oily' beat and strong cashflow supports $84/share: XOM beat due to strong realizations and demand for its international...

Jefferies is initiating coverage of ExxonMobil (NYSE: XOM) with a Hold rating and a $75 PT. “As we lay out in our overview of the global majors, we believe the severe discount which is now applied to these companies of some 25% on a relative PER basis, should begin to ease as the companies begin to...

Jefferies initiates ExxonMobil (NYSE: XOM) with a Hold rating.

Oppenheimer published these commentaries focusing on energy, technology, healthcare, financial institutions, and consumer & business services. Energy: ExxonMobil Corporation (NYSE: XOM) expects natural gas prices in North American to remain depressed for the next two years, refining margins...

ExxonMobil (NYSE: XOM) shares traded higher in morning trading as Benchmark Equity Research released their reaffirmed 'Sell' rating. ExxonMobil Q4 earnings of $1.27 per share were inline with Benchmark's forecast. Benchmark expects a reduction in their 2010 estimates of downstream earnings will be...