exxon mobil

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.

10 Companies That Pay the Most Taxes

You’ve probably seen reports on big companies that pay surprisingly little in federal taxes, due to loopholes and accounting gimmicks. Thanks to the website 24/7 Wall Street, we have a list of the 10 companies that pay the most in corporate taxes.

S&P 500 in Longest Winning Streak Since 2004

The Standard & Poor's 500 index closed above 1,500 on Friday for the first time since the start of the Great Recession in 2007, lifted by strong earnings from Procter & Gamble and Starbucks.

Exxon Passes Apple as Most Valuable Company

Exxon has once again surpassed Apple as the world's most valuable company after the iPhone and iPad maker saw its stock price falter. Apple's stock has been on the decline since the company's quarterly earnings report Wednesday suggested that its fast growth phase, rare for a company of its size, may be coming to an end.

13 Stocks to Start Investing With in 2013

If you're keeping your savings in low-return but "safe" investments, this is the year you need to get your money off the sidelines and into some solid stocks. No stock is risk-free, but these 13 picks are the best we can find for novice investors looking to get their feet wet in the market.

U.S. May Soon Become World's Top Oil Producer

U.S. oil output is surging so fast that the United States could soon overtake Saudi Arabia as the world's biggest producer. "Five years ago, if I or anyone had predicted today's production growth, people would have thought we were crazy," says one expert.

Big Oil Isn't as Profitable as Everyone Thinks

Americans spend a lot of money on oil: about $632 billion a year. And the big oil producers report eye-popping annual profits, like ExxonMobil's $41 billion in 2011. Numbers like that may make you feel like we're getting robbed at the pump ... but it's not that simple.

How You Can Profit from Fluctuating Oil Prices

In discussing his new report on the oil markets, analyst Jason Burack talks about some large-cap stocks with potential, and discusses a junior company in which he sees a great deal of headroom.

ExxonMobil's Safety Obsession: Inside the Mind of an Oil Giant

Most people know of the Exxon Valdez disaster. Far fewer are aware of the 1992 kidnapping and killing of Sidney Reso, a top Exxon exec. But those two events ignited a mania for safety and security at ExxonMobil that has shaped the company ever since.

AmEx Blue Cash: Don't Get It for Gas, Get it for Groceries

The best gas cards combine generous rebates and industry-standard interest rates. In our ongoing series examining the best and worst credit card offers out there, we ask: Does American Express' Blue Cash Preferred card measure up?

5 Offbeat Ideas for Saving on Gas From Our Readers

Gas prices are going up again, and it feels a lot like Groundhog Day: Same old problem, and media outlets are dispensing the same old advice. Not us! Here are the most interesting and innovative ideas our readers offered for reducing your pain at the pump.

5 Reasons We'll See $4 Gas by Memorial Day

Gas prices dropped at a pretty good clip in the latter half of 2011 -- down around 20% to about $3.25. Hope you enjoyed it while it lasted, because gas is back on the rise. It's near $3.50 now, and the key trends all signal that it'll keep going higher.

10 Firms in the 'Ultimate Stock Pickers' Portfolio

There's a lot of overlap among the holdings of Morningstar's 26 highly rated funds, and these 10 stocks top the list. So if you want to follow the pros, consider these -- all of them mega-cap stocks and ultra-conservative buys.

How to Heat Your Home for Free (or Profit) This Winter

Like they say: If you can't beat 'em, join 'em. With the price of home heating oil on the rise, and likely to go on rising due to global politics, now might be a good time to place a bet on oil to hedge against the costs of keeping the homestead warm.

10 U.S. Companies That Will Be Most Profitable in 2012

Each January, 24/7 Wall St. makes its predictions about which publicly traded U.S. companies it feels will have the highest profits in the year ahead. Read on, and find out which of the Fortune 500 will rake in the biggest fortunes.

Why BP Will Never Be Great Again

BP has big problems, and not just because of the Gulf of Mexico oil spill and the $20 billion compensation fund it set up to pay the victims. The petro-giant has been missing Wall Street's profit targets lately, thanks to sloppy operations and a general trend toward lower gasoline consumption.

What Gadhafi's Death Means for Gas Prices

Oil prices fell in the wake of last week's death of Col. Moammar Gadhafi. But it was a small dip, and it didn't last for long. Still, while the Libyan dictator's death may not lead to lower gas prices for U.S. drivers in the short term, down the road improved world crude supplies should stabilize prices. That in turn would lead to fewer surprises at the gas pump.

Eight Stocks to Put on Your Bargain-Price Wish List

Who says volatility is all bad? The fearfully stumbling stock market means that some excellent stocks are trading at or near fire sale prices. For investors with the patience to wait for the right moment, here are eight companies to keep an eye on -- or to snap up right now.

Time to Sell Apple Stock, or Buy It?

Following Steve Jobs' announcement late Wednesday that he was resigning as Apple's CEO, the company's stock price swung sharply. But while some investors are selling, others are saying a small drop in prices could make this a great time to buy Apple shares.

Become a Millionaire on a Minimum-Wage Salary

No, it's not easy, but if Grace Groner -- a secretary for 43 years -- could pull off the even more astonishing feat of amassing a $7 million fortune, then it is within the realm of possibility. In fact, Groner's strategy is about the only one with a shot at success. Read on to find out what she did.

Buy Apple, Sell ExxonMobil

Even buy-and-hold investors can't afford to let their portfolios collect cobwebs. Valuations and fundamentals change perpetually, and shareholders...