Exxon sees abundant oil, gas far into future

...increases, according to Bill Colton, Exxon's chief strategist."The world has...economists happy but environmentalists fret, Exxon's two chief products, oil and natural...running out of oil.And it is despite what Exxon assumes will be increasingly strict policies...

Investors still see benefit of hiring stock pickers to run their funds

...P Dow Jones Indices.? Funds fear Exxon Mobil, love EMC.One pick that fund managers have gotten right this year is to avoid Exxon Mobil.As the third-largest stock in...This year, it's been a negative. Exxon Mobil has shed 11 percent of its value...

Exxon, Chevron post higher earnings despite low oil prices

...companies, but things could get tougher.Exxon and Chevron leaned on strong performances...Youngberg, an analyst at Edward Jones, about Exxon and Chevron. "Refining and chemicals...the end, and it cost both companies. Exxon's revenue slipped by 4 percent and Chevron's...

Gas stations cheer lower gas prices along with drivers

...exploration and production divisions of the big oil companies such as Exxon Mobil and Chevron, and companies such as ConocoPhillips and...small independent operators, even if the sign out front says Exxon, BP or Shell. But shares of CST Brands, which owns Valero...

US stocks slump as oil rout continues

...flirting with a close above 18,000 a week ago, the Dow has now shed more than 700 points, partly because of big losses for Exxon Mobil and Chevron.A rapid decline in crude hit stocks all week. Oil fell again Friday after the International Energy Agency...

Exxon defies low oil price with refining strength

...prices and lower oil and gas production.Exxon, the biggest U.S. oil company, posted...quarter. Last year during the same period, Exxon earned $7.87 billion on revenue of...polled by FactSet had predicted on average.Exxon's oil and gas production fell 4.7 percent...

Exxon-Mobil merger approved by FTC

...within hours after government approval, Exxon and Mobil formally sealed their $81 billion...The Federal Trade Commission approved Exxon's acquisition of Mobil after requiring...officials immediately registered the new Exxon-Mobil in Delaware where Mobil was registered...

Exxon buying Mobil for $77.2 billion

NEW YORK -- Exxon agreed to buy Mobil for $77.2 billion...companies' combined work force of 123,000, Exxon chairman Lee Raymond said. Despite the...behind us." The company will be known as Exxon Mobil Corp. There will continue to be...

Exxon Mobil makes $29B bet on natural gas

IRVING, Texas -- Exxon Mobil, the world's largest publicly...become a crucial source of U.S. power. Exxon agreed to buy XTO Energy in an all-stock...carbon emissions, the deal suggested Exxon sees change coming for an energy source...

Exxon-Mobil would be No. 1 oil company

NEW YORK -- If Exxon and Mobil merge to form the world's biggest...while drivers may not be affected, an Exxon-Mobil marriage could leave as many as...slash costs, according to one analyst. Exxon Corp. and Mobil Corp. announced Friday...