Exxon Mobil Corporation (NYSE:XOM) is the world’s second largest corporation by market value. The shareholders will look to vote on the environmental resolution next month, on May 28. The decision came at a time when Exxon succeeded in convincing the activist investors to withdraw proposals concerned with hydraulic fracturing and greenhouse gas restrictions. The environmental resolutions in the last annual general meeting failed to gain enough votes to succeed. Exxon Mobil Corporation (NYSE:XOM) shares after opening at $97.58 moved to $98.70 on last trade day and at the end of the day closed at $98.68. Company price to sales ratio in past twelve months was calculated as 1.01 and price to cash ratio as 91.82. Exxon Mobil Corporation (NYSE:XOM) showed a positive weekly performance of 1.26%.
Chevron Corporation (NYSE:CVX) warned that its fiscal 2014 first quarter earnings will be weaker than the fiscal 2013 fourth quarter. The company cited impact from foreign exchange rates and charges related to the mining unit. On that basis, the company expects to suffer $100 million in relation to the unfavorable foreign exchange rates in the first quarter. In the fourth quarter of fiscal 2013, the company benefited from favorable currency exchange rates, reporting $200 million positive impact.Chevron Corporation (NYSE:CVX) shares advanced 1.35% in last trading session and ended the day on $120.30. CVX return on equity ratio is recorded as 14.90% and its return on assets is 8.70%. Chevron Corporation (NYSE:CVX) yearly performance is 6.31%.
Encana Corporation (USA) (NYSE:ECA) Canada’s largest natural gas producer, will sell shares of a royalty unit in Alberta as early as next month as it seeks to profit from investor demand for returns based on production. Encana Corporation (USA) (NYSE:ECA) shares moved down -1.37% in last trading session and was closed at $22.33, while trading in range of $22.29-23.06. Encana Corporation (USA) (NYSE:ECA) year to date performance is 24.12%.
ConocoPhillips (NYSE: COP) and Texas A&M University recently announced a $6 million contribution by ConocoPhillips to the university’s Dwight Look College of Engineering. The multi-year donation will support construction of the new Engineering Education Complex (EEC). During an event at the company’s Houston headquarters, ConocoPhillips Chairman and Chief Executive Officer Ryan Lance presented the check to Dr. M. Katherine Banks, vice chancellor and dean of engineering at Texas A&M University.ConocoPhillips (NYSE:COP) weekly performance is 4.10%. On last trading day company shares ended up $72.94. ConocoPhillips (NYSE:COP) distance from 50-day simple moving average is 8.71%. Analysts mean target price for the company is $78.11.
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