Exxon Mobil Corporation (NYSE:XOM) Shares Gain


Dallas, Texas 11/19/2013 (Financialstrend) – In Monday’s trading session, Exxon Mobil Corporation (NYSE:XOM) rose by 0.19%. The shares opened at a price of $95.98, which touched the intraday high of $96.00 and headed to a close of $95.45. Around 14.25 million exchanged hands over the trading day and an average volume of 13.20 million shares were traded over a 30 day period. The 52-week low of Exxon Mobil Corporation (NYSE:XOM) shares is $84.70 and its 52-week high is $96.00. The company has a market capitalization of $417.02 billion.

About the company

Exxon Mobil Corporation (NYSE:XOM) was formed in 1882. It is a manufacturer & marketer of commodity-petrochemicals, lke olefins, aromatics, polyethylene & polypropylene plastics & a variety of specialty products. The company also has interests in electric-power-generation facilities. Exxon Mobil Corporation (NYSE:XOM) has numerous divisions & affiliates with names like ExxonMobil, Esso, Exxon or Mobil. Divisions & affiliated companies under ExxonMobil operate / market products in the U.S as well as in other countries across the globe. Their primary business is energy.

This involves the exploration & production of, crude oil & natural gas, the manufacture of petroleum-products & transportation as well as sale of crude oil, natural-gas and petroleum products. In 2012 January, Apache Corporation bought Exxon Mobil Corporation (NYSE:XOM)’s Mobil North Sea Limited assets. These include the Beryl field & related properties. In 2013 April, BNK Petroleum Inc. sold Tishomingo Field, the Oklahoma assets apart from the Caney &  upper Sycamore-formations to XTO Energy Inc. the latter is a subsidiary of Exxon Mobil Corporation (NYSE:XOM).

Syncrude is a JV established to recover shallow-deposits of oil sands with the use of open-pit mining methods for the extraction of the crude bitumen & then upgrade that to produce a sweet, light, synthetic crude-oil. Imperial Oil Limited owns a 25% stake in this joint venture. Exxon Mobil Corporation (NYSE:XOM) has a 69.6% stake in Imperial Oil Limited

Subscribe to get your free report!

* indicates required
*Past performance is not a predictor of future results. All investing involves risk of loss and individual investments may vary. The examples provided may not be representative of typical results. Your capital is at risk when you invest – you can lose some or all of your money. Never risk more than you can afford to lose.By submitting your information you agree to the terms of our Privacy Policy • Cancel Newsletter Any Time.This is a FREE service from Finacials Trend. Signing up for our FREE daily e-letter also entitles you to receive this report. We will NOT share your email address with anyone.