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-0.000540979172301759 -0.000608601568839623 -0.00236678387882063 -0.00206248309440072 -0.00135244793075459 -0.00135244793075459 -0.00135244793075459 -0.00135244793075459
Stock impact report

Exxon Mobil's Nigeria Push And Federal Lawsuits Reframe Risk Reward Profile [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
Exxon Mobil (NYSE:XOM) is accelerating its search for oil and gas prospects outside the Middle East as regional conflict risks increase. The company is outlining a multi billion dollar plan for Nigeria as part of a wider push to diversify future production sources. The US Supreme Court has unanimously decided that coastal environmental lawsuits involving Exxon and other oil majors will be heard in federal rather than state courts. Both the investment shift and the legal ruling are recent developments that could influence Exxon Mobil's long term risk and project mix. Exxon Mobil sits at the center of global oil and gas, with its portfolio spanning upstream production, refining, and chemicals. The push to add large scale projects in countries such as Nigeria is part of a wider industry move to spread geopolitical exposure beyond any single region. For investors, where future barrels come from and under what terms can be as important as total volumes. The Supreme Court decisio Show less Read more
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