Using a time-tested rule garnered rich returns in excess of 50% for energy stock investors who bought Exxon stock in January.
The deal will see Seplat Energy acquiring ExxonMobil's (XOM) assets for $1.28 billion, significantly bolstering its position in Nigeria's oil and gas sector.
MRC Global (MRC) inks a deal with ExxonMobil to supply PVF products and services in North America.