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tdp2664 E money daily Exxon Mobil Corporation (NYSE:XOM) has awarded a license for a steam injection system and production method. Exxon Mobil Corporation (NYSE:XOM) Awards Injection System License The US based oil giant Exxon Mobil Corporation (NYSE:XOM) has awarded the first license for its patented steam injection system and production method to Baker Hughes to improve the efficiency of in-situ oil sands projects. Sara Ortwein, ExxonMobil Corporation (NYSE:XOM)'s Upstream Research Company president said, "We have demonstrated that our technology can improve the economics and the environmental performance of oil sands projects. This is one of several significant technologies we have developed over the past five decades for improving oil sands production." Exxon Mobil Corp. (NYSE:XOM) shares were at 83.97 at the end of the last day’s trading. There’s been a 10.3% change in the stock price over the past 3 months. Exxon Mobil Corp. (NYSE:XOM) Analyst Advice Consensus Opinion: Hold Mean recommendation: 2.13 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 2.2 Zack’s Rank: 3 out of 19 in the industry
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