Wednesday, April 7, 2010 as of 11:14 AM ET
XTO Energy is an American Fortune 500 energy producing company. Its primary products are oil and natural gas.
Read More at Wikipedia ›Exxon Mobil Corp.
(XOM), the world's largest publicly traded oil company, raised its quarterly dividend by a higher-than-expected 21% Wednesday, showing its confidence that high oil prices are likely to continue.The 10-cent increase brings Exxon's quarterly dividend to 57 cents a share and will cost the oil-and-gas giant about $1.9 billion more a year. The dividend increase is steeper than the 15% spike some analysts had forecast and significantly above the 6.5% average increase in the last decade.The sharp dividend spike is expected to bring Exxon's dividend yield, currently at 2.64%, closer to rival Chevron Corp.'s (CVX) 3.4% and to narrow the gap with European competitors Royal Dutch Shell PLC (RDSA) and BP PLC (BP), which offer yields above 4%. The dividend hike is a departure for Exxon, which for three decades has preferred to offer conservative, but constant dividends, impervious to the ups and downs of energy markets.The move, however, was expected after Chief Executive Rex Till...HOUSTON (Reuters) - The chief executive officer of Exxon Mobil Corp <XOM.N>, the world's largest publicly traded oil company, received $29 million in total compensat...
HOUSTON -( Dow Jones )- Exxon Mobil Corp. (XOM) said Monday its fourth-quarter earnings surged 53% on higher oil prices and the return to profitability of its refini...
HOUSTON -( Dow Jones )- Exxon Mobil Corp. (XOM) said Monday that recently acquired XTO Energy Inc. contributed about $120 million to its fourth-quarter earnings of $...
HOUSTON -( Dow Jones )- Exxon Mobil Corp. (XOM) said Monday its fourth-quarter earnings surged 53%, beating Wall Street expectations thanks to higher oil prices , im...
ExxonMobil (NYSE:XOM) grew its profits at a stronger-than-expected 55% pace during the third quarter, pushing the energy heavyweight’s stock slightly higher Thursday...
ExxonMobil (NYSE:XOM) reported a 91% surge in second-quarter profits on Thursday as the giant energy company benefited from higher oil prices and improved margins.Th...
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Exxon Mobil Corp. (XOM) is expected to next week unveil a higher-than-average dividend increase, pleasing investors who have long urged the company to bring its cash...
Exxon Mobil Corp.'s (XOM) decision to leave its U.S. natural-gas output untouched despite low commodity prices may push some smaller producers out of the business, f...
Exxon Mobil Corp. (XOM) said Tuesday its fourth-quarter earnings edged higher 1.6% as climbing crude prices helped the world's largest publicly traded oil company to...
DOW JONES NEWSWIRESExxon Mobil Corp.'s (XOM) fourth-quarter earnings edged up 1.6% as high oil prices offset impacts from lower production and weak refining margins....
By Anna DriverExxon Mobil Corp's profit rose 41 percent in the third quarter, as gains in crude oil prices and higher refining margins boosted results while producti...
By Anna DriverExxon Mobil Corp's profit rose 41 percent in the third quarter, slightly ahead of Wall Street estimates, as gains in crude oil prices and higher refini...
The chief executive officer of Exxon Mobil Corp, the world's largest publicly traded oil company, received $29 million in total compensation in 2010, a 6.6 percent i...
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