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MarketScreener Homepage  >  Equities  >  Nyse  >  Exxon Mobil Corporation    XOM

EXXON MOBIL CORPORATION

(XOM)
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Exxon Mobil to Sell Energy Assets in Norway, Sources Say -Reuters

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09/05/2019 | 01:33pm EDT

--Exxon Mobil will sell energy assets in Norway for $4 billion and exit production in that country, Reuters reported Thursday, citing "three sources familiar with the matter."

--A company spokeswoman said "As a matter of practice, we don't comment on commercial discussions," according to the report.

--Exxon is also looking at selling assets in the North Sea, the report said, citing "industry sources."

Full story: https://www.reuters.com/article/us-exxon-mobil-m-a-norway-exclusive/exclusive-exxon-agrees-4-billion-sale-of-norway-oil-and-gas-assets-sources-idUSKCN1VQ23W

--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

Stocks mentioned in the article
ChangeLast1st jan.
EXXON MOBIL CORPORATION -0.98% 72.9742 Delayed Quote.8.12%
LONDON BRENT OIL -5.86% 64.02 Delayed Quote.11.63%
WTI -4.54% 58.94 Delayed Quote.21.48%
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Financials (USD)
Sales 2019 270 B
EBIT 2019 23 244 M
Net income 2019 13 439 M
Debt 2019 42 162 M
Yield 2019 4,66%
P/E ratio 2019 23,1x
P/E ratio 2020 17,5x
EV / Sales2019 1,31x
EV / Sales2020 1,26x
Capitalization 312 B
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Mean consensus HOLD
Number of Analysts 26
Average target price 79,48  $
Last Close Price 73,73  $
Spread / Highest target 35,6%
Spread / Average Target 7,80%
Spread / Lowest Target -24,0%
EPS Revisions
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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