Exxon Mobil Corporation (NYSE:XOM) Sells Its Mercosur Assets

Exxon Mobil Corporation (NYSE:XOM) has sold its assets of Mercosur to Argentine and Chinese Corporation. Exxon Mobil Corporation (NYSE:XOM) Sells Its Mercosur Assets Pan American, which is owned by Bridas Corporation, itself co-owned by China’s CNOOC and Argentina’s Bulgheroni family will be buying Exxon Mobil Corporation (NYSE:XOM)'s 500 service stations in Argentina and another 220 in Uruguay and Paraguay. It will also acquire a refinery in the town of Campana, north of Buenos Aires that has the capacity to process about 90,000 barrels per day of crude oil. Exxon Mobil Corporation (NYSE:XOM) has expected to complete the sale in the second half of this year following regulatory approval according to a release from the corporation. Exxon Mobil Corp. (NYSE:XOM) stocks were at 85.82 at the end of the last day’s trading. There’s been a 19.3% movement in the stock price over the past 3 months. Exxon Mobil Corp. (NYSE:XOM) Analyst Advice Consensus Opinion: Hold Mean recommendation: 2.32 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 2.28 Zack’s Rank: 5 out of 16 in the industry
Negocioenlinea
tdp2664
E money daily