Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

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

SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets 

Ukraine Picks Exxon Mobil-led Group to Develop Black Sea Field

share with twitter share with LinkedIn share with facebook
share via e-mail
0
08/15/2012 | 08:59pm CET

(Adds company comment, in the fifth paragraph.)

 
   By James Marson 
 

MOSCOW--Ukraine has selected a consortium of Exxon Mobil Corp. (>> Exxon Mobil Corporation), Royal Dutch Shell PLC (RDSA, RDSA.LN), Romania's OMV Petrom SA (SNP.RO) and Ukrainian state firm Nadra Ukrainy to develop an oil-and-gas field on its Black Sea shelf, Interfax cited the country's environment and natural-resources minister as saying Wednesday.

The group beat out a bid by Russia's OAO Lukoil Holdings (>> Neftyanaya kompaniya LUKOIL OAO).

The consortium has pledged to invest $400 million in the initial exploration phase of the Skifska field and make a one-off payment of $325 million to Ukraine's budget, Interfax quoted the minister, Eduard Savitskiy, as saying.

Ukraine is seeking to develop its oil-and-gas deposits to decrease its dependence on Russia for energy supplies. The field is expected to produce three billion to four billion cubic meters of natural gas a year.

Exxon, in a statement, said it "is pleased by today's announcement" by the Ukrainian government. "We look forward to receiving the formal resolution of the Ukraine Cabinet of Ministers" on the award of the block.

--Angel Gonzalez in Houston contributed to this article.

Write to James Marson at james.marson@dowjones.com.

Subscribe to WSJ: http://online.wsj.com?mod=djnwires

Stocks mentioned in the article : Exxon Mobil Corporation, Neftyanaya kompaniya LUKOIL OAO
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on EXXON MOBIL CORPORATION
05:18p SEVAN MARINE : Exxon, Sevan ink FLNG frame agreement
10:07a EXXON MOBIL : Haslam says he expects Corker to run for third Senate term
08:01a SEVAN MARINE : secures long term framework agreement with ExxonMobil
02/23 EXXON MOBIL CORPORATION (NYSE : XOM) Files An 8-K Results of Operations and Fina..
02/23DJDow Extends Recent Streak of Gains
02/23 EXXON MOBIL CORP : Regulation FD Disclosure (form 8-K)
02/23 EXXON MOBIL : cuts 3 bn barrels from oil reserves
02/23 INTEROIL USA : Completes ExxonMobil Transaction
02/23DJEXXON MOBIL : Lowers Proved Reserve Estimates -- Update
02/23DJEXXON MOBIL : Lowers Proved Reserve Estimates
More news
Sector news : Oil & Gas Refining and Marketing - NEC
02:03pDJPHILLIPS 66 : Reports FCCU Maintenance at Borger Refinery
03:26a YPF, Shell sign deal for Vaca Muerta pilot project
01:15aDJBorder-Adjustment Tax Divides Energy Sector -- Update
02/23 Top policymakers reassure Europe on Azeri gas deadline
02/23 Argentina picks winners in nine-cargo LNG supply tender - trade sources
More sector news : Oil & Gas Refining and Marketing - NEC
News from SeekingAlpha
11:40a Noble Corp. Gets 2-Year Contract From Exxon Mobil
07:03a WALL STREET BREAKFAST : A Big Wow For The Dow
03:19a EXXON MOBIL : Scary Headlines On Reserves Cut Are An Exaggeration
03:02a Is It Time To Sell Everything But High Quality Stocks?
02/23 Exxon Mobil's Payout Ratio Crosses 150% - Should Investors Be Worried?
Advertisement
Financials ($)
Sales 2017 304 427 M
EBIT 2017 27 267 M
Net income 2017 17 344 M
Debt 2017 34 652 M
Yield 2017 3,73%
P/E ratio 2017 19,64
P/E ratio 2018 16,30
EV / Sales 2017 1,23x
EV / Sales 2018 1,15x
Capitalization 339 117 M
More Financials
Chart EXXON MOBIL CORPORATION
Duration : Period :
Exxon Mobil Corporation Technical Analysis Chart | XOM | US30231G1022 | 4-Traders
Full-screen chart
Technical analysis trends EXXON MOBIL CORPO...
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 26
Average target price 88,6 $
Spread / Average Target 8,3%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Darren W. Woods Chairman, President & Chief Executive Officer
Andrew P. Swiger Principal Financial Officer & Senior VP
Michael J. Boskin Independent Director
Samuel J. Palmisano Independent Director
Steven S. Reinemund Independent Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
EXXON MOBIL CORPORATIO..-10.34%339 117
ROYAL DUTCH SHELL A-5.06%217 440
BP PLC-12.15%109 190
CHINA PETROLEUM & CHEM..10.35%102 174
SAUDI BASIC INDUSTRIES..--.--%77 806
RELIANCE INDUSTRIES LI..11.95%57 558
More Results