Oil Industry Plans Disaster Response System for Future Spills
The Wall Street journal has reported that Exxon Mobil, Chevron, Royal Dutch Shell, and ConocoPhillips are planning to announce the formation of a joint venture to design, build, and operate a rapid response system to address the impact of a ...
Insights on Executive Compensation from The Journal of Investing
Most companies on a calendar fiscal year have released proxy statements over the past month. In addition to annual reports, intelligent investors must pay close attention to proxy statements to determine the company’s philosophy on executive compensation. Nearly every compensation ...
Exxon’s Acquisition of XTO Sends Bullish Signal on Natural Gas
Exxon Mobil has agreed to acquire XTO Energy in a $31 billion all stock deal which values XTO at a 25% premium to Friday’s closing price. According to a Wall Street Journal article, Exxon’s move may send a bullish signal ...