For Immediate Release

Chicago, IL – December 15, 2009 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: ExxonMobil Corporation (XOM), XTO Energy (XTO), Chevron Corporation (CVX), BP Plc (BP) and Royal Dutch Shell (RDS.A).

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Here are highlights from Monday’s Analyst Blog:

Exxon Acquiring XTO Energy

With a bullish view on natural gas prospects, the world’s largest publicly traded oil company ExxonMobil Corporation (XOM) will buy XTO Energy (XTO) in an all-stock deal worth $31 billion, excluding debt.

The transaction is valued at $41 billion,

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With a bullish view on natural gas prospects, the world’s largest publicly traded oil company ExxonMobil Corporation (XOM) will buy XTO Energy (XTO) in an all-stock deal worth $31 billion, excluding debt. The transaction is valued at $41 billion, including about $10 billion in XTO debt, and is based on the Dec 11 closing share prices in both the companies. Completion of the transaction is expected in the second quarter of 2010. Under the terms of the agreement, Exxon has agreed to issue 0.7098 common shares for each common share of XTO, representing a 25% premium to XTO shareholders. The agreement is approved by the boards of directors of both the companies. The agreement will enhance Exxon’s position in the development of unconventional natural gas and oil resources and is subject to XTO stockholder approval and regulatory clearance. XTO’s outstanding unconventional natural gas ...

ExxonMobil Corporation (XOM) is all set to start production from its Point Thomson field in 2014. It has resumed drilling on two wells in this field, PTU-15 and PTU-16, earlier this year. The company drilled these two wells to approximately 5,000 feet during the summer.   Located on Alaska's North Slope, Point Thomson is a natural gas and condensate field. It holds approximately 8 trillion cubic feet of gas – about 25% of the North Slope's gas resource – and about 200 million barrels of condensate.   The company may face technical challenges in developing the field, including the drilling and production of a high pressure gas reservoir. This drilling program follows a successful summer work program that safely delivered fuels, equipment and supplies to the Point Thomson drilling site.   Exxon continues to bring the latest technology to develop this field. The field will process 200 million ...

ExxonMobil Corporation (XOM) is all set to start production from its Point Thomson field in 2014. It has resumed drilling on two wells in this field, PTU-15 and PTU-16, earlier this year. The company drilled these two wells to approximately 5,000 feet during the summer.   Located on Alaska's North Slope, Point Thomson is a natural gas and condensate field. It holds approximately 8 trillion cubic feet of gas – about 25% of the North Slope's gas resource – and about 200 million barrels of condensate.   The company may face technical challenges in developing the field, including the drilling and production of a high pressure gas reservoir. This drilling program follows a successful summer work program that safely delivered fuels, equipment and supplies to the Point Thomson drilling site.   Exxon continues to bring the latest technology to develop this field. The field will process 200 million ...

For Immediate Release

Chicago, IL – December 10, 2009 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: ExxonMobil Corporation (XOM), Morgan Stanley (MS), Citigroup (C), Goldman Sachs (GS) and JPMorgan Chase & Co. (JPM).

Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter: http://at.zacks.com/?id=5513

Here are highlights from Wednesday’s Analyst Blog:

Exxon Releases Energy Outlook

During the new edition of its presentation “Outlook for Energy: A View to 2030," ExxonMobil Corporation (XOM) stated that trillions of dollars of investment is required to cope with a 35% increase in energy demand by 2030.

While oil, natural gas

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During the new edition of its presentation “Outlook for Energy: A View to 2030," ExxonMobil Corporation (XOM) stated that trillions of dollars of investment is required to cope with a 35% increase in energy demand by 2030. While oil, natural gas and coal will continue to meet most of the world's needs, the company emphasized natural gas as a major source of energy, reflecting its abundance, versatility and economic advantages as an efficient and clean-burning fuel for power generation. The company forecasts an expansion of natural gas from unconventional supplies. Unconventional gas supplies – tapped through horizontal drilling and fracturing wells – are expected to satisfy more than 50% of gas demand by 2030. Higher costs for carbon emission would impact energy prices and provide an incentive to switch to less carbon-intensive fuels such as natural gas, which can help meet growing electricity demand and ...

The China Petroleum & Chemical Company, or Sinopec (SNP) has signed a 20-year agreement with ExxonMobil Corporation (XOM) to buy liquefied natural gas (LNG) from the Papua New Guinea project. Papua New Guinea is an integrated natural gas project that covers the exploration, treatment and delivery via onshore and offshore pipelines as well as liquefaction plants. ExxonMobil owns 41.5% of the PNG project, while Oil Search Ltd., Santos Ltd. and Nippon Oil Company hold 34%, 17.7% and 5.4%, respectively. Under the terms of the agreement, Exxon will annually provide 2 million metric tons of LNG for 20 years to Sinopec's natural gas receiving terminal in the Qingdao Port of Shandong province in East China, which is currently under construction. The gas-receiving terminal, aimed at satisfying the increasing natural gas demand of the local market in Shandong, is designed to accommodate the PNG LNG supply, ...

ConocoPhillips (COP) has approved its 2010 capital program of $11.2 billion. This is 10% lower than the estimated 2009 capital budget. The company has earmarked 86% of the total budget for the Exploration and Production (E&P) segment, while approximately 12% will be for the Refining and Marketing (R&M) segment.

ConocoPhillips intends to advance its existing E&P projects and preserve potential to develop large resource in the future. Management said the company is presently trying to replacing reserves organically and increase production from a reduced as well as strategic asset base. The capital program is in line with company’s initiative of improving returns through increased capital discipline, asset sales and continued growth in shareholder distributions.

Exploration and Production budget is expected to be approximately $4.1 billion in North America. Given the reduced spending in 2010, the company has given a greater emphasis on the high growth production operations. Capital expenditure in Europe,

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For Immediate Release

Chicago, IL – December 4, 2009 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: ExxonMobil Corporation (XOM), BP plc (BP), Chevron Corporation (CVX), ConocoPhillips (COP) and Ford Motor (F).

Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter: http://at.zacks.com/?id=5513

Here are highlights from Thursday’s Analyst Blog:

Exxon: Upstream Growth Continues

ExxonMobil Corporation (XOM) on Tuesday said it has found hydrocarbons while drilling on the Dabakan-1 well in Service Contract 56 in the Sulu Sea off southern Philippines.

The data captured by Exxon stated that the company encountered reservoir sands and hydrocarbons at the

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ExxonMobil Corporation (XOM) on Tuesday said it has found hydrocarbons while drilling on the Dabakan-1 well in Service Contract 56 in the Sulu Sea off southern Philippines.

The data captured by Exxon stated that the company encountered reservoir sands and hydrocarbons at the time of drilling the well. The company expects the well to be drilled further to a total depth of approximately 5,000 meters. Upon completion, this will be the deepest well in the Philippines. Exxon plans to drill another well in Dabakan shortly. The estimated drilling cost of each well is $100 million.

On the other hand, Exxon has started development drilling at the large Point Thomson gas and condensate field, located 60 miles east of Prudhoe Bay, Alaska. It has spent $300 million on this project till date and expects a total expenditure of $1.3 billion for completion. The company is on track to have the project

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