Exxon Mobil and These Stocks Lead Oil Shares Lower While Yingli Boost Solar Shares

Exxon Mobil Corp. (NYSE:XOM): Crude oil futures fell nearly 2% during today’s morning trading session causing energy shares to dip: Exxon Mobil, Chevron (NYSE:CVX), ConocoPhillips (NYSE:COP), Schlumberger (NYSE:SLB), BP (NYSE:BP), Marathon Oil (NYSE:MRO).

XOM shares recently traded at $75.18, down $0.85, or 1.12%. Its market capitalization is $360.35 billion. They have traded in a 52-week range of $67.03 to $88.23. Volume today was 10,763,569 shares versus a 3-month average volume of 24,475,300 shares. The company’s trailing P/E is 9.08, while trailing earnings are $8.28 per share. Get the most recent company news and stock data here >>

CNOOC Ltd. (NYSE:CEO): CNOOC takes a double-hit due to poor economic data from China paired with today’s dip in crude oil prices. In other news, the company appoints Li Fanrong as the new CEO, taking the place of current CEO Yang Hua. The shift is a premeditated move tied to China’s policy to change leadership once every 10 years.

CEO shares recently traded at $175.10, down $5.99, or 3.31%. Its market capitalization is $78.22 billion. They have traded in a 52-week range of $141.27 to $271.94. Volume today was 104,278 shares versus a 3-month average volume of 285,703 shares. The company’s trailing P/E is 7.39, while trailing earnings are $23.70 per share. Get the most recent company news and stock data here >>

Yingli Green Energy Holding Co. Ltd. (NYSE:YGE): Yingli Green Energy takes off after delivering a Q3 report that wasn’t as bad as feared by investors accustomed to assuming the worst for solar names. Revenue of $667.8M (+36% Y/Y) beat by $8.2M, but EPS of -$0.14 missed by $0.12. Gross margin fell 1130 bps Q/Q to 10.8%. In addition, Yingli is now guiding for 2011 module shipments of 1.58GW-1.63GW, below prior guidance of 1.7GW-1.75GW.

YGE shares recently traded at $3.95, up $0.41, or 11.58%. Its market capitalization is $622.66 million. They have traded in a 52-week range of $2.75 to $13.59. Volume today was 4,198,739 shares versus a 3-month average volume of 4,408,580 shares. The company’s trailing P/E is 2.33, while trailing earnings are $1.69 per share. Get the most recent company news and stock data here >>