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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Exxon Mobil Corp | NYSE:XOM | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.415 | 0.36% | 115.385 | 115.93 | 115.06 | 115.46 | 2,780,502 | 14:39:37 |
--Exxon Mobil Corp. launched on Monday the sale process of shale gas properties in Texas, Reuters reports.
--Reuters, citing an anonymous source, reports that the producing properties are valued at $400 million to $500 million.
--Shale gas production there dropped by about half since 2016 to around 227 million cubic feet a day (mcfd) in the first half of this year, Reuters reports, citing a marketing document.
--Bids are due Dec. 21, Reuters reports, adding that Exxon aims to close any sale in January.
--Exxon spokeswoman Sarah Nordin told Reuters that there has been no agreement reached on a sale and no buyer was identified.
Full story: https://www.reuters.com/business/energy/exclusive-exxon-launches-sale-shale-gas-properties-texas-2021-11-15/
(END) Dow Jones Newswires
November 15, 2021 18:13 ET (23:13 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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