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Seplat In Talks to Buy ExxonMobil’s Nigerian Shallow Water Business

Seplat Energy Plc, a leading Nigerian energy company listed on the Nigerian Exchange and the London Stock Exchange, notes the recent press speculation and confirms that Seplat Energy, together with a partner, is in competitive discussions to acquire ExxonMobil's Nigerian shallow water business. Deliberations are ongoing and accordingly, there can be no certainty as to the outcome.

XOM

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4 Stocks Insiders Are Buying

When insiders purchase shares, it indicates their confidence in the company's prospects or that they view the stock as a bargain. Either way, this signals an opportunity to go long on the stock. Insider purchases should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a buying decision.

AURA

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Exxon Mobil Whale Trades For November 03

Someone with a lot of money to spend (and possibly insider knowledge) has taken a bearish stance on Exxon Mobil (NYSE:XOM). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

XOM