- 02 Feb '18 at 3:58 pm #14776
[article]551[/article]11 Feb '18 at 8:05 pm #14972
Here is an excellent chart using DeMark on $XOM over the Earnings and crash period. via @TommyThornton
‘$XOM Exxon good downside reaction to upside DeMark exhaustion signal’11 Feb '18 at 8:29 pm #14973TradersComKeymaster
[quote=”ThePitBoss” post=4736]Here is an excellent chart using DeMark on $XOM over the Earnings and crash period. via @TommyThornton
‘$XOM Exxon good downside reaction to upside DeMark exhaustion signal’
Shows you tied to the Dow $XOM is – too many make the mistake it is just oil02 Mar '18 at 3:13 am #15309
Exxon reports seventh oil discovery offshore Guyana
Exxon said yesterday that the Pacora-1 well in the Starbroek block offshore Guyana has encountered around 65 feet of high-quality oil-bearing sandstone. The well was drilled 18,363 feet in 6,781 feet of water. Exxon is operator and holds a 45% stake in Starbroek, with partners Hess Guyana (30%) and CNOOC (25%). (Exxon, Bloomberg)02 Mar '18 at 3:14 am #15310
Exxon to exit Russian JVs hit by sanctions
Exxon Mobil is abandoning JVs with Rosneft as a result of international sanctions against Russia that caused a halt at a major drilling project. The decision to depart Exxon’s biggest exploration region was made late last year, and the company expects to formally initiate withdrawal procedures in 2018.
Exxon reportedly took a $200m after-tax loss in 4Q17 as a result of pulling out of the Rosnneft JV, but also loses an area that was meant to be a significant driver of longer-term growth opportunity. (Bloomberg)02 Mar '18 at 3:40 am #15312CautiousInvestorKeymaster
[size=5]yes – Batton down hatches … Filled up our Toyota Avalon to brim at $2.35
Now heading for “bunkers” as massive storm is heading this way
and maybe even a financial one … if inflation + interest rates increase – so will price of OIL :ohmy:[/size]
- You must be logged in to reply to this topic.