exxonmobil

BP May Face $21 Billion in Fines Over 2010 Gulf of Mexico Oil Spill

The Justice Department is charging BP with gross negligence for its reckless actions related to the Deepwater Horizon oil spill in the Gulf of Mexico. If the charges stick, BP could face fines up to $21 billion. Can the company survive such a financial and PR nightmare?

The Global 500: No Borders, No Boundaries

Despite financial turmoil in Europe and disasters in Japan, the world's largest corporations had record profits and revenue in 2011. Where on Earth will the growth come from next?

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.

Victoria O'Hara's 6 Best Tips for Would-Be Investors

Victoria O'Hara parlayed a relative's gift of one share of stock into a sizable portfolio by investing in a few shares at a time, on a postal worker's salary. Here are her top lessons for any novice investors hoping to emulate her success.

Dow 13,000: What It Means to You

On Tuesday, the Dow Jones Industrial Average closed at 13,005, the first time it had crossed the 13,000 line since its plummet as the nation sank into financial crisis. But what is the Dow, anyway? And what are these "points" it's measured in? Allow us to explain...

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.

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.

3 Top Dividend Stocks for 2012

Just because the economy is growing does not mean investors should abandon high-paying dividend stocks in favor of growth names, says Oliver Pursche, co-portfolio manager of GMG Defensive Beta Fund. Here are three that he recommends.

5 Things to Watch in Next Week's Market News

There's no such thing as a summertime lull when earnings season is upon us. Even if you don't feel like alerting the "sell in May and go away" camp of investors, there are plenty of headlines to be written about. Here are five things that will shape the way the market acts in the week ahead.

With Big Oil Stocks Riding High, It's Time to Take Profits

Exxon Mobil, Chevron and ConocoPhillips are all trading near multi-year highs, and even BP shares have done well recently. Still, while the high oil prices that have been pinching consumers have been great for the industry, there are good reasons not to count on those high stock values lasting.

Face-Off on Stocks: Exxon Mobil, Chevron, Barrick Gold [Video]

Can you profit from the turmoil in the Middle East? Oil is now flirting around $100 a barrel and gold is continuing its upward trend. For investors, this could present an opportunity in oil and gold stocks. Here is the bull and bear take on three stocks that could rise on Mideast unrest.

Libya Hits Stocks and Oil Prices for a Second Day

Stocks fell for a second straight day Wednesday and oil prices briefly crossed the $100-a-barrel mark after violence escalated in Libya and tech bellwether Hewlett-Packard delivered a disappointing outlook. The Dow lost 0.9%, the S&P 500 fell 0.6%, and the Nasdaq declined 1.2%.

Dallas-Area Companies Go Whole Hog for Super Bowl XLV

Super Bowl XLV will set records both for stadium attendance and for event fund-raising, and North Texas corporations haven't been shy to put out the welcome mat for their favored clients. How much will communities and local businesses score from the big game?

Report: Alaska Pipeline to Reopen

Oil prices rose modestly, after spiking by almost $2 a barrel earlier Monday, on reports that an Alaskan pipeline that was shut down Saturday because of an oil leak will reopen within days.

ExxonMobil and Chevron Set to Post Sharp Gains

Blue-chip energy giants ExxonMobil and Chevron report quarterly earnings Thursday and Friday, respectively. If analysts' average forecasts are on the mark, both Dow components should post sharply higher profits and revenue, helped by lower costs and higher oil prices.

Can This Earnings Season Keep Up Its Winning Streak?

The first peak week of second-quarter earnings season was just what the market ordered, thanks to some beat-and-raise reports from Dow blue chips. This week has more such big-name results on tap. And again, investors will be looking closely for top-line revenue growth.

Really Green Energy: Could Algae Fuel Our Cars?

As oil continues to gush into the Gulf of Mexico from BP's damaged well, the federal government is pouring a bit more money into alternative energy sources with a grant to groups working on turning algae into a commercially viable fuel.

Corporate Pollution: The Top 10 Environmental Payouts

The $20 billion fund BP has agreed to for paying Gulf oil spill claims easily vaults it to the top of the list. Among other members of this shameful pantheon are Exxon, Union Carbide and Pacific Gas and Electric. A closer look at this group reveals that in most cases, the companies managed to reduce -- or even erase -- settlements through years of legal stalling.

Three Oil Stocks That Look Tempting Now

European debt worries, the rising dollar and falling oil prices are conspiring to knock down oil company shares. But this trio could be getting whacked harder than they deserve -- especially if you don't believe the dollar will keep climbing.

Australia Raises Interest Rates Again

As Australia continues to show strong signs of economic recovery driven by Chinese demand for natural resources, the Reserve Bank of Australia raised interest rates for the fourth time since October. The RBA raised its key cash rate by a quarter of a percentage point to 4%, and has has now raised the rate by one full percentage point since Oct. 7.