Breakingviews on Twitter
Search League Tables

Saturday, 25 October 2014

Exxon's big find reinforces U.S. oil renaissance

Gulf gusher

New oil and gas discoveries in the Gulf of Mexico added $4 bln to the energy titan's market value. Shareholders benefit because of the lower tax rates linked to U.S. discoveries. And Exxon's haul offers reassurance the revival in domestic output could have further to run.



This content is for Subscribers only

To access full Breakingviews.com content you must be a subscriber. Please use the following link to request a trial.

Sign In

(Launches in a new window)