Oil and Gas

ExxonMobil Sued Over Arkansas Pipeline Spill

Two Arkansas residents have filed a lawsuit against ExxonMobil. They’re seeking $5 million in damages, claiming a pipeline spill has caused a permanent drop in property values.

ExxonMobil: The Oil Giant Looks Like Big Buy

The stock is trading at $60 a share -- about where it was during the March 2009 market low. Even as oil has rebounded to $74 from $40 at that time, ExxonMobil languishes. That could soon change.