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4-Traders Homepage  >  Equities  >  Nyse  >  Exxon Mobil Corporation    XOM

Delayed Quote. Delayed  - 09/30 08:25:52 pm
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Exxon Mobil Corporation : Exxon partially restarts Louisiana North Line

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05/07/2012 | 10:49pm CEST

ExxonMobil Pipeline Co has partially restarted the North Line oil pipeline after it was shut down more than a week ago because of a leak in rural Louisiana, a spokeswoman said on Monday.

"Over the weekend, ExxonMobil Pipeline Co restarted the portion of the North Line crude pipeline which runs from St. James, Louisiana, to Anchorage, Louisiana," spokeswoman Claire Hassett said in an email.

The 160,000 barrel per day North Line, which serves five refineries including ExxonMobil's huge Baton Rouge facility, was shut on April 28 by a 1,900-barrel leak near Torbert, Louisiana.

Refinery operators had said they were able to keep operating despite the shutdown.

The stretch of North Line that was reopened extends northward from St. James to near Baton Rouge. The stretch affected by the leak, northwest of Baton Rouge, remained shut, the spokeswoman said.

ExxonMobil Pipeline last week restarted its South Line, which had been shut in April for planned inspection. The line runs from Raceland northward to Anchorage.

The shutdowns involved mostly Heavy Louisiana Sweet crude, the price of which had appeared little affected by the interruptions.

(Reporting by Bruce Nichols)

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Financials ($)
Sales 2016 238 286 M
EBIT 2016 15 079 M
Net income 2016 10 220 M
Debt 2016 39 698 M
Yield 2016 3,42%
P/E ratio 2016 36,76
P/E ratio 2017 19,39
EV / Sales 2016 1,67x
EV / Sales 2017 1,25x
Capitalization 358 519 M
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Mean consensus HOLD
Number of Analysts 24
Average target price 89,9 $
Spread / Average Target 4,0%
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Rex W. Tillerson Chairman & Chief Executive Officer
Darren W. Woods President & Director
Andrew P. Swiger Principal Financial Officer & SVP
Michael J. Boskin Independent Director
Samuel J. Palmisano Independent Director
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