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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 | |
|---|---|---|---|---|---|---|---|---|
| -3.29 | -2.71% | 118.04 | 119.10 | 116.22 | 118.66 | 27,260,126 | 01:00:00 |
From Apr 2019 to Apr 2024
--Exxon Mobil may sell assets in Europe, Africa and Asia worth up to $25 billion as its focus moves to some major projects, Reuters reports Thursday, citing "three banking sources."
--The oil giant would sell most of its upstream oil and gas business in Europe, keeping only a stake in the Netherlands, the report said.
--Exxon Mobil is also looking to sell assets in Indonesia, Malaysia, Chad and Equitorial Guinea, among others, the report said.
--A spokesman for Exxon Mobil didn't comment specifically on the sale, but did say the company had previously said asset sales could reach $25 billion by 2025, according to the report.
Full story: https://www.reuters.com/article/us-exxon-mobil-m-a-exclusive/exclusive-exxon-aims-to-sell-25-billion-of-assets-to-focus-on-mega-projects-sources-idUSKBN1XV1Q9
--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
November 21, 2019 16:44 ET (21:44 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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