Rochester, NY 8/19/2009 7:38:30 PM
Exxon Mobil Corporation XOM ,EXXON INKS LNG DEAL: ENERGY STOCKS RISE
Exxon Mobil Corporation
Exxon Mobil Corporation- through its divisions and affiliates is engaged in exploration for, and production of, crude oil and natural gas, manufacture of petroleum products and transportation and sale of crude oil, natural gas and petroleum products. A manufacturer and marketer of commodity petrochemicals, including olefins,aromatics, polyethylene and polypropylene plastics and a wide variety of specialty products. It also has interests in electric power generation facilities.
As PetroChina signed a major liquid natural gas purchase contract with Exxon Mobil. Energy stocks rebounded after bruising losses in the previous session, LNG deal, ConocoPhillips COP 42.59, +0.23, +0.54% and Origin Energy Ltd. of Sydney chose a 230-hectacre site Queensland, Australia for a proposed plant near the Surat and Bowen basins. The companies expect the 50-50 venture to sell its first shipment in 2014. ConocoPhillips shares rose 0.5% to $42.59.
Among stocks in the spotlight, Exxon Mobil XOM 66.49, -0.06, -0.09% fell 6 cents to $66.49. The oil major signed a major deal to sell liquefied natural gas from the planned Gorgon project in Australia to PetroChina PTR 109.56, +2.11, +1.96%. Shares of PetroChina rose 2% to $109.56.
http://WhisperFromWallStreet.com offers free daily stock alerts on companies ready to run. Scroll to the bottom of this page to signup for free stock alerts and visit our site.
WhisperFromWallStreet.com has a dedicated team uncovering stocks ready to break and run. We apply time tested criteria and when one of these stocks meets or exceeds our benchmarks, our subscribers are immediately notified directly to their in-box.
This is a free service available only to our subscribers. Scroll to the bottom of this page to signup for free stock alerts and visit our site.
During 2009 our alerts have resulted in an average price gain of 80%+.
Disclaimer: Full disclaimer at http://WhisperFromWallStreet.com/disclaimer.php
IMPORTANT: Never invest in any stock featured in any press release, email or website unless you can afford the loss of your entire investment. Stocks and particularly penny stocks have the possibility for dramatic gains, and also losses. Neither StockEinstein, nor any of its affiliates are registered investment advisors or broker dealers.
