Here's Why Hold Strategy is Apt for ExxonMobil (XOM) Now
Favorable oil price is a boon for ExxonMobil's (XOM) upstream operations. However, it is highly exposed to volatility in oil and gas prices.
Source: yahoo.com
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Top News In While Evolution Petroleum Today - Breaking & Trending Today
ExxonMobil (XOM) Gets Go-Ahead for 35-Well Exploration Project
ExxonMobil's (XOM) consortium received the Guyana regulator's approval to drill 35 new exploration wells in the Stabroek offshore block.
Source: yahoo.com
Transocean (RIG) Reports Exercise of Options for Rig Drilling
Transocean (RIG) announced $172 million in six one-well options exercised for semisubmersible rig drilling.
Source: yahoo.com
Hess (HES) Projects 25% Rise in Cash Flow in Next 5 Years
Hess (HES) intends to distribute 75% of its free cash flow to shareholders via dividends and share repurchases, owing to an expected increase in cash flow over the next five years.
Source: yahoo.com