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Here's Why Hold Strategy is Apt for ExxonMobil (XOM) Now

Favorable oil price is a boon for ExxonMobil's (XOM) upstream operations. However, it is highly exposed to volatility in oil and gas prices. ....

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Equinor to Acquire Renewable Energy Leader Rio Energy – 24/7 Wall St.

Equinor to Acquire Renewable Energy Leader Rio Energy – 24/7 Wall St.
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ExxonMobil (XOM) Gets Go-Ahead for 35-Well Exploration Project

ExxonMobil's (XOM) consortium received the Guyana regulator's approval to drill 35 new exploration wells in the Stabroek offshore block. ....

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Transocean (RIG) Reports Exercise of Options for Rig Drilling

Transocean (RIG) announced $172 million in six one-well options exercised for semisubmersible rig drilling. ....

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Hess (HES) Projects 25% Rise in Cash Flow in Next 5 Years

Hess (HES) intends to distribute 75% of its free cash flow to shareholders via dividends and share repurchases, owing to an expected increase in cash flow over the next five years. ....

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