Exxon Mobil Corporation (NYSE:XOM)’s dream of drilling in the Russian Arctic may risk running aground on the politics of Ukraine. The company plans to start drilling in August in the Arctic’s remote Kara Sea — the centerpiece of Exxon’s global alliance with Russian state-controlled OAO Rosneft. (ROSN) The partnership, which includes shale exploration in Siberia and joint venture fields in Texas, will come under greater scrutiny after the U.S. placed sanctions on Rosneft’s Chief Executive Officer Igor Sechin. Exxon Mobil Corporation (NYSE:XOM) shares after opening at $101.57 moved to $102.57 on last trade day and at the end of the day closed at $101.45 . Company price to sales ratio in past twelve months was calculated as 1.04 and price to cash ratio as. Exxon Mobil Corporation (NYSE:XOM) showed a positive weekly performance of 1.08%.
Valero Energy Corporation (NYSE:VLO) reported net income attributable to Valero stockholders of $828 million, or $1.54 per share, for the first quarter of 2014 compared to $654 million, or $1.18 per share, for the first quarter of 2013. Valero Energy Corporation (NYSE:VLO) shares advanced 1.95% in last trading session and ended the day on $56.84. VLO return on equity ratio is recorded as 14.70% and its return on assets is 5.90%. Valero Energy Corporation (NYSE:VLO) yearly performance is 54.16%.
Chevron Corporation (NYSE:CVX) won dismissal of Patton Boggs LLP’s lawsuit accusing the energy company of “malicious prosecution” for suing to bar lawyers from trying to collect on a $9.5 billion judgment aNew York judge ruled was a fraud. Chevron Corporation (NYSE:CVX) shares moved up 0.19% in last trading session and was closed at $125.97 while trading in range of $125.76 – $127.27 – Chevron Corporation (NYSE:CVX) year to date (YTD) performance is 1.74%.
US-based ConocoPhillips (NYSE:COP) refused to ink a fourth PSC for block SS-07 seven months after signing an initial PSC for the block, saying after further evaluation it was no longer competitive in the company’s portfolio. ConocoPhillips (NYSE:COP) weekly performance is 0.69%. On last trading day company shares ended up $74.68. ConocoPhillips (NYSE:COP) distance from 50-day simple moving average (SMA50) is 8.31%. Analysts mean target price for the company is $79.13.