Exxon Mobil Corp
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XOM Exxon Mobil Corp
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Energy : Oil, Gas & Consumable Fuels | Large Cap Value
Company profile

Exxon Mobil Corporation is engaged in energy business. The Company is engaged in the exploration, production, transportation and sale of crude oil and natural gas, and the manufacture, transportation and sale of petroleum products. The Company also manufactures and markets commodity petrochemicals, including olefins, aromatics, polyethylene and polypropylene plastics, and a range of specialty products. The Company's segments include Upstream, Downstream, Chemical, and Corporate and Financing. The Upstream segment operates to explore for and produce crude oil and natural gas. The Downstream operates to manufacture and sell petroleum products. The Chemical segment operates to manufacture and sell petrochemicals. The Company has exploration and development activities in projects located in the United States, Canada/South America, Europe, Africa, Asia and Australia/Oceania.

Day's Change
1.12 (2.50%)
B/A Size
Day's High
Day's Low
(Heavy Day)

Today's volume of 2,876,440 shares is on pace to be much greater than XOM's 10-day average volume of 23,353,446 shares.


Alibaba stands to benefit as Chinese e-commerce growth nears pre-virus levels, says analyst

8:42 am ET May 15, 2020 (MarketWatch)

Raymond James analyst Aaron Kessler is encouraged by Chinese government data indicating that growth of online purchases in the country is nearing pre-coronavirus levels. He said the latest data showed a 16% year-over-year bump in e-commerce sales of physical goods during the month of April, which compares with a 11% rise in March, a 3% increase in January and February, and a 17% climb in the December quarter, Kessler said. "Based on the data, we have increased confidence in our June quarter Alibaba estimates," he wrote, as he estimates 16% growth in customer management revenue and 14% commission growth. Kessler has a strong buy rating on U.S. listed shares of Alibaba, which are off 1.2% in premarket trading. The shares have declined 8.4% as the KraneShares CSI China Internet ETF (KWEB) has lost 3.7%.

-Emily Bary; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

May 15, 2020 08:42 ET (12:42 GMT)

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