Papua New Guinea has reached a milestone on Monday as it sent its first ever liquefied natural gas (LNG) to Japan. The cargo came from the $US19 billion project operated by ExxonMobil Corporation (NYSE:XOM). The company’s LNG project is the first of several in Australia and PNG. Other plants are expected start operational in the next three years, possibly shifting the global LNG trade’s epicentre to the South Pacific away from the Middle East. Exxon Mobil Corporation (NYSE:XOM) stock performance was -0.18% in last session and finished the day at $101.32. Traded volume was 5.41million shares in the last session and the average volume of the stock remained 10.87million shares. The beta of the stock remained 0.80. Exxon Mobil Corporation (NYSE:XOM) insider ownership is 0.20%.
Marathon Oil Corporation (NYSE:MRO) reported first-quarter earnings of $1.15 billion vs. net income in first-quarter 2013 of $383 million. The strong financial performance was driven primarily by the company’s three high-quality US resource plays, including Eagle Ford, the Bakken, and Oklahoma, that delivered a combined average net production of 154,000 boe/d in this year’s first quarter, up 26% year-over-year. Marathon Oil Corporation (NYSE:MRO) rose 0.28 percent to $36.28 Friday on volume of 5.21million shares. The intra-day range of the stock was $36.09 to $36.39. Marathon Oil Corporation (NYSE:MRO) has a market capitalization of $24.71billion.
Companhia Siderurgica Nacional (ADR) (NYSE:SID)‘s stock had its “neutral” rating reiterated by Zacks in a research report issued on Thursday. They currently have a $4.25 price target on the stock. Zacks‘s price target would suggest a potential upside of 7.87% from the company’s current price. Companhia Siderurgica Nacional (ADR) (NYSE:SID)’s stock on May 23, 2014 reported a decrease of -0.25% to the closing price of $3.94. Its fifty two weeks range is $2.38 -$6.29. The total market capitalization recorded $5.74billion. The overall volume in the last trading session was 572million shares. In its share capital, SID has 1.46billion outstanding shares.
In June 2013, Blount County Habitat for Humanity and ALCOA Inc (NYSE:AA) celebrated the start of a partnership focused on affordable housing. One year later, they are marking the completion of seven single-family units built by volunteers and community sponsors. On Friday, shares of Alcoa Inc (NYSE:AA) advanced 2.19% to close the day at $13.52. Company return on investment (ROI) is -9.60% and its monthly performance is recorded as -0.22%. Alcoa Inc (NYSE:AA) quarterly revenue growth is 15.16%.
Brazilian state-run energy giant, Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) reported the completion of formation test on well 1-SPS-98. The well is located offshore São Paulo, at water depth of roughly 1,871 meters. The test result revealed the existence of good quality oil (32º API) in the Santos Basin, confirming the company’s discovery declared in Feb 2013. Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) stock finished the day at $14.91. Traded volume was 11.24million shares in the last session and the average volume of the stock remained 25.33million shares. The beta of the stock remained 1.84.