Current XOM Stock Info

Oil major ExxonMobil looks to acquire natural gas producer InterOil Corp. for $2.5 billion
ExxonMobil (ticker: XOM) has made a $2.5 billion all-stock offer for InterOil Corp. (ticker: IOC), a U.S.-listed company with natural gas assets in Papua New Guinea.

The deal marks the first time that ExxonMobil has attempted to make a major corporate acquisition since its $2.6 billion purchase of Celtic Exploration Ltd. in 2013, which expanded the company’s shale assets in Canada.

Many oil companies have been cautious about making acquisitions in ...

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