Exxon Mobil is near a deal to buy shale giant Pioneer Natural Resources for $60 billion, The Wall Street Journal reported Thursday night.
A deal could be sealed in the coming days, assuming the talks don't hit a last-minute snag, people familiar with the matter said.
Rising crude oil prices added as much as $1.3 billion to ExxonMobil's (XOM) third-quarter earnings compared to the previous quarter, while improved industry margins boosted earnings from refining by u

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Companies from the energy space that are expected to beat Q3 earnings are PBF Energy Inc. (PBF), ConocoPhillips (COP) and EOG Resources, Inc. (EOG).
It would be wise for investors to keep an eye on ExxonMobil (XOM), Chevron (CVX) and ConocoPhillips (COP), as these stocks can lean on their strong balance sheets to counter volatility.
ExxonMobil has a large position in the Permian basin. The company is known for operational excellence.
Vietnam expects further years-long delays before offshore blocks being developed by U.S. major Exxon Mobil and Russia's Gazprom will be producing gas, according to a draft government document seen by
Exxon Mobil Corporation (NYSE:XOM) expects its third-quarter operating profit to be lifted by increases in oil, gas and fuel, according to a securities filing posted after the bell Wednesday.  The l
Exxon Mobil said on Wednesday changes in oil prices would lift the oil major's third-quarter upstream earnings by $900 million to $1.3 billion, compared with the second quarter.
With attractive balance sheet characteristics, CVX, XOM and CTRA are three energy companies better equipped to weather any commodity price downturn.
Exxon Mobil Corp chose BlackRock as the potential buyer for its majority stake in Italy's main liquefied natural gas (LNG) import terminal, the U.S. oil producer said in a statement.
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