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.
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.
Dec. 8 (Bloomberg) -- Mexico spent $1.172 billion to buy oil hedges for 2010, covering a possible revenue shortfall if production falls for the sixth straight year and prices dont recover from about a five-year low.
Mexico purchased put options that give it the option, not the obligation, to sell its [...]
