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Stock impact report

Trump says he's ‘inclined' to keep Exxon Mobil out of Venezuela deals [Yahoo! Finance]

ConocoPhillips (COP) 
Last conocophillips earnings: 4/30 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
“I'd probably be inclined to keep Exxon out,” Trump told reporters on Air Force One en route to Washington, D.C. “I didn't like their response. They're playing too cute,” he added. Trump's comments come after he hosted Exxon and a number of other major oil firms at the White House on Friday to discuss a deal in which oil companies drill in Venezuela following the U.S. operation to oust the country's former leader, Nicolás Maduro. While some firms present at the meeting expressed their interest in investing in the South American country, Exxon CEO Darren Woods expressed skepticism. “As a depletion business, the biggest challenge we have is finding resources. There's an opportunity in Venezuela with all the resources,” Woods told Trump at the meeting. But Woods added that he believes today Venezuela is “uninvestable” and major changes have to be made to the country's commercial framework and legal system. Exxon, along with ConocoPhillips, were operating in Venezuela until t Show less Read more
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