Exxon Mobil Rejects Proposed $5.2 Billion Kashagan Fine Settlement: Report
ExxonMobil Holdings Corporation (NYSE: XOM ) stock rose about 1% on Friday as energy stocks advanced alongside the broader market. Investors also weighed a report that the oil major blocked a proposed settlement over a $5.2 billion environmental fine in Kazakhstan. The S&P 500 gained 0.41%, while the Nasdaq rose 0.33%.