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EXXON MOBIL CORPORATION

(XOM)
  Report
Delayed Nyse  -  04:03:37 2023-02-07 pm EST
114.92 USD   +2.86%
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Exxon Reports Tripped Compressor at Beaumont, Texas, Oil Refinery

11/29/2022 | 02:09pm EST

Exxon Mobil Corp. on Tuesday reported a compressor problem and excessive emissions at a gasoline-making fluid catalytic cracking unit of its Beaumont, Texas, oil refinery.

"A process compressor tripped offline," it said in a statement to the Texas Commission on Environmental Quality. "Process streams were routed to the flare to minimize emissions, and the event has ended. The refinery has returned to normal operations and all contractual commitments are anticipated to be met."

It said the emissions of sulfur dioxide and other gases happened Monday afternoon.

The 366,000 barrel-a-day Beaumont refinery produces about 2.8 billion gallons of gasoline a year, and is located 90 miles east of Houston.


Write to Dan Molinski at dan.molinski@wsj.com


(END) Dow Jones Newswires

11-29-22 1409ET

Stocks mentioned in the article
ChangeLast1st jan.
BRENT OIL 3.28% 84.03 Delayed Quote.-6.97%
EXXON MOBIL CORPORATION 2.86% 114.92 Delayed Quote.1.47%
WTI -0.19% 77.697 Delayed Quote.-8.77%
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Analyst Recommendations on EXXON MOBIL CORPORATION
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Financials (USD)
Sales 2022 411 B - -
Net income 2022 56 473 M - -
Net Debt 2022 10 386 M - -
P/E ratio 2022 8,52x
Yield 2022 3,11%
Capitalization 469 B 469 B -
EV / Sales 2022 1,17x
EV / Sales 2023 1,23x
Nbr of Employees 63 000
Free-Float 50,8%
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Mean consensus OUTPERFORM
Number of Analysts 29
Last Close Price 114,92 $
Average target price 122,44 $
Spread / Average Target 6,54%
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Managers and Directors
Darren W. Woods Chairman & Chief Executive Officer
Kathryn A. Mikells Chief Financial Officer & Senior Vice President
Ursula M. Burns Independent Director
Angela F. Braly Independent Director
Susan K. Avery Independent Director
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