While ExxonMobil (XOM) and XTO Energy (XTO) may have stolen the spotlight Monday, this week has yielded some notable news on the smaller end of the exploration and production spectrum. Let's take [...]
While ExxonMobil (XOM) and XTO Energy (XTO) may have stolen the spotlight Monday, this week has yielded some notable news on the smaller end of the exploration and production spectrum. Let's take [...]
Chad Brand submits: On Monday I showed data on the mid-sized energy firms that could be next in line to be acquired on the heels of ExxonMobil’s (XOM) $31 billion buyout of XTO Energy ([...]
Since the beginning of the year, analysts have been asking "WWEMB?" -- What Would ExxonMobil (XOM) Buy? Some, like Oppenheimer's Fadel Gheit, expected Exxon to go for one of its major peers. Others saw the firm gobbling up one of [...]
Kevin Stecyk submits: Monday, Exxon Mobil Corporation (XOM) announced that it plans to acquire XTO Energy Inc. (XTO) for about $31 billion in stock plus another $10 debt in assuming XTO's debt obligations.
Exxon Mobil Corporation is acquiring XTO Energy Inc. in an all-stock transaction valued at $41 billion. The agreement, which is subject to XTO stockholder approval and regulatory clearance, will enhance ExxonMobil’s position in the development of unconventional natural gas and oil resources.
XTO is a US producer engaged in the [...]
Kurt Wulff (McDep Associates) submits: Analyzing third quarter results released today, we reaffirm estimated Net Present Value (NPV) of $89 a share for buy-recommended ExxonMobil (XOM). On that basis, unlevered appreciation potential is 19% to a McDep [...]
Air Products recently announced a long-term hydrogen supply contract with ExxonMobil’s (Esso) Rotterdam refinery in The Netherlands and will build a new world-scale hydrogen production plant to serve that refinery and additional customers in the region, including Shell.
The plant will feature technology advancements to maximize facility energy [...]
