Dow 30 Energy Stock Buzz This Week
Exxon Mobil Corporation (NYSE:XOM): Current price $90.02
Norway’s Statoil (NYSE:STO) Might think of Hess Corporation (NYSE:HES) as an alluring takeover target, according to The Wall Street Journal, which mentioned other potential buyers for the entire company, including Chevron Corporation (NYSE:CVX) and possibly Exxon Mobil.
The United States Department of Transportation has proposed a $1.7 million penalty against Exxon Mobil for its failing to address known flooding risks on one of its pipelines that broke in 2011, according to The Wall Street Journal. The ruptured pipeline allowed 1,500 barrels of crude to spill into Yellowstone River in Montana.