In the latest trading session, Exxon Mobil (XOM) closed at $113.64, marking a -0.11% move from the previous day.

Dan Ammann, Exxon Mobil’s new upstream president, is bullish on the long-term role of LNG in meeting global energy demand. He also sees advantages of scale in the Permian Basin.

"I do believe that U.S. shale companies will come to Canada as a necessity to replace their depleted inventory." ...