Search results
Results from the WOW.Com Content Network
Humble's restructuring allowed both companies to sell and market gasoline nationwide under the Esso, Enco and Humble brands. The Enco brand was introduced by Humble in the summer of 1960 at stations in Ohio, but was soon blackballed after Standard Oil of Ohio protested that Enco (Humble's acronym for "ENergy COmpany") sounded and looked too much like Esso as it shared the same oval logo with ...
ExxonMobil is currently marketing 14 asset groups in the Permian Basin. It operates eight of those properties and owns non-operated interests in six others. Exxon is hoping to fetch $1 billion by ...
ExxonMobil formed its Product Solutions division in 2022, combining its previously separate Downstream and Chemical divisions into a single company. [36] On Oct. 1 2024, Nigeria approved the $1.28 billion sale of Exxon Mobil's onshore assets to Seplat Energy, more than two years after the deal was first agreed upon in February 2022 [37]
In 1903, construction started on the Burt Refining Company to capitalize on the prolific Spindletop field located just south of Beaumont. Little was known of Burt Refining's origins other than George A. Burts was the owner and was rumored to have been an agent of John D. Rockefeller. [5]
ExxonMobil (XOM) is an easy company to hate. As the world's largest publicly traded oil and gas company, it's hard not to blame it for the pain we experience at the pump -- particularly when you ...
ExxonMobil and Pioneer's $60 billion merger will make Exxon the biggest shale player in the region. ... Occidental Petroleum was the best-performing stock of the S&P 500, up a whopping 119%.
In 2007, Pickens earned $2.7 billion, as BP Capital Equity Fund, grew by 24% after fees, and the then $590 million Capital Commodity fund grew 40%, thanks to, among others, large positions in the stocks of Suncor Energy, ExxonMobil and Occidental Petroleum. [23] Once his health started declining, he closed the company in 2018. [14]
ExxonMobil is one of the world's largest oil and natural gas companies, with a $500 billion market cap and an average trading volume of nearly 14 million shares per day.