Nigerian state oil company drops legal case against Exxon's asset sale to Seplat [Yahoo! Finance]
Exxon Mobil Corporation (XOM)
Last exxon mobil corporation earnings: 5/1 07:34 am
Check Earnings Report
US:NYSE Investor Relations:
ir.exxonmobil.com
Company Research
Source: Yahoo! Finance
NNPC's decision clears a roadblock that prevented the conclusion of the deal. The legal challenge was retracted following a confidential agreement between NNPC and ExxonMobil last month. NNPC's legal firm, Afe Babalola, confirmed the withdrawal of the case from a high court in Abuja via email, the publication said. The court documents, reviewed by the publication, indicate that NNPC retains the right to reactivate the lawsuit should the settlement terms not be honoured. The initial agreement, struck in February 2022, entailed ExxonMobil selling its stake in Mobil Producing Nigeria Unlimited (MPNU) to Seplat Energy Offshore for $1.28bn, with up to an additional $300m contingent on future conditions. MPNU, with a 40% interest in four oil exploration licences, operates 300 wells and more than 90 platforms. This acquisition is expected to bolster Seplat Energy's presence in Nigeria, increasing its daily production to more than 130,000 barrels and enhancing its status as a maj
Show less
Read more
Impact Snapshot
Event Time:
XOM
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
XOM alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
XOM alerts
High impacting Exxon Mobil Corporation news events
Weekly update
A roundup of the hottest topics
XOM
News
- Striking French workers block delivery trucks at ExxonMobil refinery [Yahoo! Finance]Yahoo! Finance
- ExxonMobil's (XOM) Right of Refusal Halts Chevron-Hess Deal [Yahoo! Finance]Yahoo! Finance
- Editorial: Shame on California lawmakers for killing fossil fuel divestment bill again [Los Angeles Times (CA)]Los Angeles Times
- Hess sale to Chevron stalls as appointment of arbitration panel incomplete [Yahoo! Finance]Yahoo! Finance
- Exxon's Belgium Traders Decline UK Transfer, Risking Jobs [Yahoo! Finance]Yahoo! Finance
XOM
Earnings
- 4/26/24 - Miss
XOM
Sec Filings
- 6/20/24 - Form 11-K
- 6/20/24 - Form 4
- 5/31/24 - Form 8-K
- XOM's page on the SEC website