During Wednesday’s Current trade, Shares of Exxon Mobil Corporation (NYSE:XOM), lost -0.52% to $82.77, hitting its lowest level.
Exxon Mobil Corporation, has reached an agreement with PBF Energy Inc. for the sale and purchase of its 50 percent interest in Chalmette Refining, LLC in Chalmette, Louisiana.
PBF Energy will purchase 100 percent of Chalmette Refining, LLC, which is a joint venture between affiliates of Petróleos de Venezuela, S.A. (PDVSA) and ExxonMobil.
The agreement includes the Chalmette refinery and chemical production facilities near New Orleans, La. and the company’s 100 percent interests in MOEM Pipeline, LLC and 80 percent interest in each of Collins Pipeline Company and T&M Terminal Company. ExxonMobil operates Chalmette Refining, LLC and Mobil Pipeline Company, an ExxonMobil affiliate, operates the logistics infrastructure.
Exxon Mobil Corporation explores for and produces crude oil and natural gas in the United States, Canada/South America, Europe, Africa, Asia, and Australia/Oceania. It also manufactures and markets commodity petrochemicals, counting olefins, aromatics, polyethylene and polypropylene plastics, and specialty products; and transports and sells crude oil, natural gas, and petroleum products.
Shares of The Procter & Gamble Company (NYSE:PG), inclined 1.52% to $79.43, during its current trading session.
The Procter & Gamble Company, will webcast a discussion of its fourth quarter earnings results on Thursday, July 30, 2015 starting at 8:30 a.m. ET.
Media and investors may access the live audio webcast at www.pginvestor.com, startning at 8:30 a.m. ET. The webcast will also be accessible for replay.
The Procter & Gamble Company, together with its auxiliaries, manufactures and sells branded consumer packaged goods. The company operates through five segments: Beauty; Grooming; Health Care; Fabric Care and Home Care; and Baby, Feminine and Family Care.
Finally, IAMGOLD Corp. (NYSE:IAG), lost -1.05%, and is now trading at $1.95.
IAMGOLD Corporation, offered an update from its ongoing exploration program at its optioned Monster Lake project located 50 kilometers southwest of Chibougamau, Quebec, Canada. The company is reporting assay results from the 2015 winter diamond drilling program accomplished in April and totaling 7,782 meters from 21 diamond drill holes.
The 2015 winter drilling program was designed to evaluate priority targets identified from a target generation exercise accomplished over the entire property and take advantage of winter access conditions. Target areas evaluated comprised of: the west limb of the prominent folded unit along which new gold showings were identified in 2014; the south-west and north-east strike extensions of the 325-Megane Zone and the structural corridor referred to as the Monster Lake Shear Zone (“MLSZ”); in addition to the Zone 52 and Eratix prospect areas. A few of the holes were drilled to better delineate the 325-Megane Zone.
Concurrent with the 2015 winter drilling program, a Versatile Time Domain Electromagnetic airborne survey (“VTEM”) was also flown over the Lac a L’Eau Jaune and Winchester claim blocks. The survey has identified several strong conductors coincident with the well-known, prominent magnetic anomalies similar to that observed along the MLSZ. These targets will be evaluated in the ongoing exploration program.
During 2014, the Company conducted a multi-phase diamond drilling program totaling 12,761 meters and all results were formerly stated.
IAMGOLD Corporation primarily engages in the exploration, development, and operation of gold mining properties. It also explores for silver and copper deposits.
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