Exxon Facing Questions About Natural Gas Push
Investing News Network - May 25th, 2011
Forbes reports on Wednesday, Exxon Mobil Corp. (NYSE:XOM) faces questions about its big push into natural gas.
Forbes reports on Wednesday, Exxon Mobil Corp. (NYSE:XOM) faces questions about its big push into natural gas.
The market news is quoted as saying:
So far, the deal hasn’t paid off. Natural gas prices are around $4.42 per 1,000 cubic feet. That’s slightly below the price when the XTO deal closed and well below levels seen three years ago.