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Exxon Mobil To Sell UK Non-Operating Assets To HitecVision For $1B
Exxon Mobil is selling its non-operating upstream assets in the UK’s central and northern North Sea to HitecVision...
Feb 25, 2021
Exxon Mobil Posts $20.1B Loss In 4Q; Street Says Hold
Exxon Mobil reported a $20.1 billion loss in the fourth quarter versus a profit of 5.7 billion during...
Feb 03, 2021
Chevron and Exxon Discussed Possible Merger Last Year – Report
Exxon Mobil and Chevron talked about a merger last year as the COVID-19 pandemic resulted in an oil...
Feb 01, 2021
3 Big Dividend Stocks Yielding at Least 8%; Wells Fargo Says ‘Buy’
With the Georgia election behind us, and the Trump Administration on the way out, the near- to mid-term...
Jan 07, 2021
Exxon Set To Make Up To $20B Writedown In 4Q; Merrill Sees 78% Upside
Exxon Mobil Group disclosed that it is poised to write down as much as $20 billion on its...
Dec 31, 2020
Frustrated Exxon Shareholders Seek to Overthrow Board – Report
A new activist investor firm called Engine No. 1 is leading an effort from frustrated investors to overthrow...
Dec 16, 2020
Exxon To Book Huge Impairments and Slash Spending Amid Dismal Demand
ExxonMobil will record impairment charges of $17 billion-$20 billion in the fourth quarter related to certain natural gas...
Dec 01, 2020
The Three Choices Exxon Mobil Faces in Solving the Dividend Conundrum
It’s no secret the oil industry has been amongst those hit the hardest during the year of Covid-19....
Nov 30, 2020
Exxon Withdraws Sale Of Bass Strait Assets In Australia – Report
Energy giant ExxonMobil has called off the sale of its oil and gas assets in the Bass Strait...
Nov 30, 2020
Exxon To Slash Up To 300 Jobs In Canada; Street Sticks To Hold
ExxonMobil plans to axe up to 300 jobs in Canada by the end of 2021 as the oil...
Nov 27, 2020
Exxon To Axe 1,600 Workers in Europe; Merrill Lynch Says Buy
ExxonMobil will need to axe 1,600 positions across its affiliates in Europe to cut costs as the Covid-19...
Oct 06, 2020
Exxon Is Said To Prepare Spending, Job Cuts To Save Dividend; Shares Drop
Exxon Mobil Corp (XOM) is reportedly preparing deep spending and job cuts, in a move to preserve a...
Jul 30, 2020
ExxonMobil Discovers New Material To Boost Carbon Capture
Energy giant ExxonMobil (XOM) has discovered a new material that could capture more than 90% of CO2 emitted from...
Jul 27, 2020
Exxon Warns Oil & Gas, Refining Losses To Hit Q2 Results
Exxon Mobil Corp (XOM) warned that it expects to post operating losses at its refining as well as...
Jul 05, 2020