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MarketScreener Homepage  >  Equities  >  Nyse  >  Exxon Mobil Corporation    XOM

EXXON MOBIL CORPORATION

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Exxon Mobil : Iraq to raise West Qurna 1 oilfield output to 490,000 bpd in next few days - official

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05/22/2019 | 06:38am EDT

BASRA, Iraq (Reuters) - Iraq will increase production at its giant West Qurna 1 oilfield to 490,000 barrels per day (bpd) in the “next few days”, a senior Iraqi oil official said on Wednesday.

West Qurna 1 oilfield, developed by Exxon Mobil, currently produces about 440,000 bpd, Basra Oil Company chief Ihsan Abdul Jabbar told Reuters.

Exxon Mobil evacuated all of its foreign staff, around 60 people, from West Qurna 1 on Saturday, just days after the United States withdrew non-essential staff from its embassy in Baghdad, citing a threat from neighbouring Iran, which has close ties to Iraqi Shi'ite militia.

(Reporting by Aref Mohammed; Writing by Ahmed Rasheed; Editing by Jon Boyle)

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Financials (USD)
Sales 2019 268 B
EBIT 2019 21 475 M
Net income 2019 12 135 M
Debt 2019 42 056 M
Yield 2019 5,07%
P/E ratio 2019 23,5x
P/E ratio 2020 16,9x
EV / Sales2019 1,23x
EV / Sales2020 1,23x
Capitalization 286 B
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Mean consensus HOLD
Number of Analysts 26
Average target price 77,70  $
Last Close Price 67,61  $
Spread / Highest target 47,9%
Spread / Average Target 14,9%
Spread / Lowest Target -17,2%
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Managers
NameTitle
Darren W. Woods Chairman, President & Chief Executive Officer
Andrew P. Swiger Chief Financial Officer & Senior VP
Samuel J. Palmisano Independent Director
Steven S. Reinemund Independent Director
Kenneth C. Frazier Independent Director
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