Exxon Mobil, Johnson & Johnson, Alphabet: Stocks That Defined the Week
- Date: 08-Apr-2023
- Source: The Wall Street Journal
- Sector:Oil & Gas
- Country:Saudi Arabia
Exxon Mobil, Johnson & Johnson, Alphabet: Stocks That Defined the Week
Here are seven major companies whose stocks moved on the week’s news
Exxon Mobil Corp.
Exxon Mobil has held preliminary and informal discussions about acquiring U.S. fracking company Pioneer Natural Resources Co., The Wall Street Journal reported Friday, adding that the cash-rich oil-and-gas giant has been looking to expand and has had discussions with at least one other company. Earlier in the week, oil prices surged after OPEC+, the Saudi-led group of producers, said that it would cut more than a million barrels of output a day starting next month. Exxon shares jumped 5.9% Monday.
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