Exxon Mobil Corp. is expected to report second-quarter earnings before the bell on Friday.
Exxon XOM, -0.78% is coming fresh from two positive news developments;
- Discovery of a large oil and gas field off the coast of Guyana, in South America
- $2.5 billion deal for InterOil Corp., expected to close in September.
Those have gone a long way in allaying concerns about the company’s long-term growth prospects, giving the stock some sparkle in relation to its peers
TRANSLATION - Anal-ists and reporters realize that XOM is stealing IOC
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