Tuesday, March 8, 2011

Exxon Mobil Corporation (NYSE:XOM) Equipment Failure

Exxon Mobil Corporation (NYSE:XOM) Hydrotreater has announced a breakdown at its Torrance refinery. Exxon Mobil Corporation (NYSE:XOM) Equipment Failure According to reports, Exxon Mobil Corporation (NYSE:XOM) has experienced a breakdown in a hydrotreater at its Torrance refinery in California. The 155,800-barrel-a-day plant reported flaring due to a breakdown, according to a filing with the South Coast Air Quality Management District. Kevin Allexon, a spokesman at Exxon Mobil Corporation (NYSE:XOM) said that, "the units tripped over the weekend because of a loss of power to pumps. We are evaluating the situation and making preparations to restart as soon as possible." Exxon Mobil Corp. (NYSE:XOM) stocks were at 84.72 at the end of the last day’s trading. There’s been a 19.5% 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: 4 out of 16 in the industry
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