Exxon Mobil Corporation (NYSE:XOM), the world’s largest publicly traded oil company, has agreed to disclose more information about the environmental risks of hydraulic fracturing, the process known as fracking. In an agreement with New York City’s pension funds, which control Exxon Mobile Corporation (NYSE:XOM) shares worth roughly $1.02 billion, the company agreed to report on risks surrounding disposal of fracking waste water, air pollution, methane emissions from oil and natural gas wells, and other issues. Exxon Mobil Corporation (NYSE:XOM) stock performance was -0.02% in last session and finished the day at $97.93. Traded volume was 10.12million shares in the last session and the average volume of the stock remained 12.48million shares. The beta of the stock remained 0.73. Exxon Mobil Corporation (NYSE:XOM) insider ownership is 0.20%.
Research analysts at Deutsche Bank raised their price target on shares of Chesapeake Energy Corporation (NYSE:CHK) from $24.00 to $30.00 in a report released on Tuesday, Analyst RN reports. Deutsche Bank’s target price suggests a potential upside of 13.42% from the company’s current price. Chesapeake Energy Corporation (NYSE:CHK) rose 0.64 percent to $26.62 Thursday on volume of 9.77million shares. The intra-day range of the stock was $26.42 to $26.96. Chesapeake Energy Corporation (NYSE:CHK) has a market capitalization of $17.73billion.
Kinross Gold Corporation (USA) (NYSE:KGC) on Mar. 31 filed an updated technical report for its Tasiast mine in Mauritania. The technical report incorporates updates with respect to the current Tasiast operations as well as comprehensive detailed supplemental disclosure regarding the recently announced feasibility study results for a Tasiast expansion and a resulting updated mineral resource and mineral reserve estimate. Kinross Gold Corporation (USA) (NYSE:KGC)’s stock on Apr 03, 2014 reported a decrease of -1.41% to the closing price of $4.21. Its fifty two weeks range is $4.01 -$7.52. The total market capitalization recorded $4.82billion. The overall volume in the last trading session was 11.37million shares. In its share capital, KGC has 1.15billion outstanding shares.
Brazilian state-run oil company Petroleo Brasileiro SA (ADR) (NYSE:PBR) suffered another setback in its effort to boost oil output last month when Italian contractor Saipem SpA dropped a 2.3 km steel pipe into the Atlantic Ocean. On Thursday, shares of Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) dropped -1.59% to close the day at $13.14. Company return on investment (ROI) is 5.10% and its monthly performance is recorded as 19.24%. Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) quarterly revenue growth is -1.35%.