Company
Exxon Mobil Corp
NYSE:XOM
Exxon Mobil Corp is an international energy and petrochemical company. The company’s primary businesses include Upstream, Product Solutions and Low Carbon Solutions. Its Upstream division is engaged in exploring and developing oil and natural gas using technology.
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Dow sees best day in weeks amid easing global tensions
A ceasefire deal agreement between Israel and Iran sent oil prices tumbling
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Nasdaq, Dow Jones close higher after shrugging off disappointing jobs report
The US economy added just 12,000 jobs last month against expectations of 100,000
Chevron, Exxon shareholders shun climate proposals at meetings
Chevron and Exxon Mobil shareholders moved overwhelmingly to block climate proposals
FIVE at FIVE: FTSE 100 closing in on 8000; Exxon to challenge Glencore; Standard Chartered bid denied; Europe’s lithium companies due a re-rating
Here’s Proactive’s round-up of the top financial stories of the day, with helpful links taking you directly to the news
Exxon's scientists accurately predicted global warming projections while publicly funding climate change deniers
Big Oil companies have long struggled to balance the pursuit of profits with environmental stewardship, but the Exxon example highlights the lengths that many companies will go to in order to maintain their hold on the fossil fuel industry
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S&P 500, Nasdaq, Dow ends sharply higher as investors eye better days ahead
At the close, the Dow gained 345 points to 33,221, while the S&P 500 added 66 points at 3,849 and the tech-heavy Nasdaq climbed 265 points to 10,478
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Small Cap Feast - Celsius Resources, Eqtec, Ixico, Oriole Resources, Technology Minerals, Trident Royalties and more...
Hybridan Small Cap Feast 09-12-2022 - our daily digest of news from UK listed Small and Mid caps What’s cooking in the IPO kitchen?** Savannah Energy, the AIM-quoted energy company is undergoing a reverse transaction in connection with the
President Joe Biden expected to announce additional US oil reserve sales in wake of OPEC+ production cut
“The price of gas is still too high, and we need to keep working to bring it down,” President Biden said at an event in Los Angeles last week, adding that he planned to announce additional actions in the coming days
Exxon exits Russia after oil project 'unilaterally terminated' - Reuters
The US oil giant has been trying to relinquish operation of Sakhalin-1 since March 1, 2022, when it announced it would abandon all of its more than $4 billion in assets, leaving open the possibility to sell Sakhalin-1
Exxon Mobil sees its 2Q profit soar nearly 300% on surging energy prices
The biggest US oil producer reported second-quarter 2022 net income of $17.9 billion, or $4.21 per share, the largest quarterly profit in the company's history
ExxonMobil fires back at President Biden after 'God' quip
“ Exxon, start investing, start paying your taxes,” demanded the US President in a briefing
Oil prices spike again after Russian pipeline shuts down
Storm damage to halt 1.4mln barrels of exports a day, with shipments in March and April expected to plunge five-fold
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US stocks end lower in a choppy session as investors monitor Ukraine-Russia war
At the closing, the Dow Jones Industrial Average dropped by 0.4% or 144 points at 33,773, while the Nasdaq Composite dipped 1.6% at 13,534, and the S&P 500 lost 0.6% at 4,361
More energy companies leave Russia in the cold
ExxonMobil, Centrica and IOG among latest energy groups cutting ties with Russia
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Oil price, IOG, Savannah, Genel, Atome, SDX.
SDX Energy SDX has announced that due to operational issues affecting the drilling of the KSR-19 well and COVID-19 border restrictions impacting the mobilisation of equipment and personnel into Morocco, the current two well campaign, which
Exxon mulls plans for ‘net zero by 2050’ - reports
Strategic moves are anticipated before the end of the year.
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US stocks close down as Amazon tanks on revenue miss
For July, the DJIA, S&P 500, and Nasdaq finished 1.3%, 2.3%, and 1.2% higher, respectively
ExxonMobil "shocked" by lobbyists' comments that support for carbon tax is a PR ploy
Exxon Mobil's boss, Dan Woods, professed to be shocked by the lobbyists' assertions. Many other observers would have been totally unsurprised by them
Activist investment firm Engine No. 1 to launch US$100mln ETF
Having forced its way to getting three seats on the Exxon board, the firm said the ETF will invest in 500 of the largest US companies in an effort to “instigate positive change for employees, customers, communities, and the environment”
Exxon reveals yet more success offshore Guyana
The Longtail-3 adds another discovery to the Stabroek Block offshore Guyana which could prove to be among the last major oil frontiers as transition looms.
Activist fund gets a third director on Exxon board
A small but influential shareholder continues to shape Exxon's boardroom.
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Wall Street powers to record highs to close out 2020
US stocks closed out 2020 with a bang as the major indices all finished Thursday trading at record levels
US stockpiles decline for fifth week in row as there appears 'no end in sight' for low crude prices
On Friday, Brent crude was above US$45, and WTI holding above US$43 a barrel
Exxon Mobil mulls sale of Malaysian offshore assets for up to $3B
Potential buyers could include other major energy companies with an interest in the region
Investments and investor services
FuelCell Energy shares soar on $10 million Exxon licensing deal
The deal grants ExxonMobil Research and Engineering Company the ability to use FuelCell’s patents, data and equipment design
Retaliatory tariffs from Mexico, the biggest buyer of US energy products, could disrupt long-standing trade, says Roth
Mexico buys more than 1 million b/d (barrels per day) of US crude and fuel
Canada’s US$1.3bn oil exploration boost bodes well for Ireland’s nascent oil frontier
New exploration areas offshore Newfoundland were picked up by multinational firms such as BHP Billiton, Equinor, Husky Energy and Suncor
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Oil Report: Goldman Sachs sees fall to $65 a barrel by end of 2019 as US output grows
In Friday trading, Brent crude was priced above US$72 with WTI (West Texas Intermediate) holding above US$63 a barrel.
Exxon and Chevron shares rise on respective third-quarter earnings
Both beat on earnings but Exxon surged past year-ago and consensus revenue estimates while Chevron fell short of market expectations
Deep dive: Eco Atlantic Oil & Gas’s attractive position offshore Guyana
In the longer term exploration drilling will tell, nonetheless, a near 3bn barrel 'pre-drill' resource is certainly attractive for speculative investors
Super-majors' report card reads 'could do better'
The second-quarter report season revealed a mixed picture for the large, international oil companies
Nasdaq slips more than 100 points as tech stock losses weigh heavily on the index
The US benchmarks ended the week in the red following heavy losses in tech
Exxon Mobil and Chevron miss 2Q profit and revenue estimates while Phillips 66 beats forecasts
Crude prices strengthened in the second quarter while natural gas prices were mixed
Eco (Atlantic) Oil & Gas notes ExxonMobil offshore Guyana discovery as it updates on operations
The oil and gas producer said Exxon had encountered around 78 meters of high-quality oil-bearing sandstone reservoir at its Stabroek Block, adjacent to Eco’s Orinduik Block
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Proactive news snapshot: Echo Energy, OptiBiotix Health, Solo Oil ...
A glance at some of the day's highlights from the Proactive Investors newswire
Wall Street seen reversing losses but traders fret over renewed US/China trade fears
In Europe today, equity markets made a mixed start through the trend is upward.
U.S. stocks closed solidly higher on a market melt-up
Market melt-ups can go on for awhile, but eventually lead to meltdowns
US stocks sacrifice early gains after President Trump tweets that Iran nuclear deal decision will come tomorrow
President Trump took the shine off the market's advance by tweeting that he will reach a decision on whether to withdraw from the Iran nuclear deal tomorrow
Investors play the oil patch as Chevron, Cabot, Imperial get the thumbs-up and Exxon, Phillips disappoint
Despite the surge in oil prices Exxon missed earnings, and Chevron sales fell short of Wall Street expectations
U.S. benchmarks end the week flat, TMX exchange halts trading after technical issue
The Nasdaq ended the day flat after being dragged down by tech stocks
Exxon Mobil 1Q earnings disappoint, hit by weak refining, chemical businesses
The oil giant missed analyst expectations on profit
FTSE 100's dollar earners enjoy sterling's day of misery on the forex markets
The FTSE 100 index managed to finish just above 7,500, helped by sterling's dive on the foreign exchange markets
Investments and investor services
Major benchmarks suffer biggest one day losses in more than a year
“A clear sign that confidence was restored by the jobs report was the fact US 10-year Treasuries hit a four-year high immediately after it was released."
US stocks close higher; energy shares surge
New stats showed the US economy grew at a solid 3.2% annual rate from July through September
Asiamet appoints mining veteran as new chief financial officer
Most recently James Deo was a consultant to Newcrest Mining, while he has also held senior position in mining giants BHP Billiton and Rio Tinto
Permex Petroleum primed to prosper in the Permian basin
Permex is aiming to raise between $C2.5mln - C$10mln in an initial public offering (IPO)
Nasdaq Composite and S&P 500 storm to new highs, driven by tech stocks
The Nasdaq missed out on yesterday's advance but made up for lost time today
Canadian Overseas Petroleum boss upbeat on offshore Nigerian opportunity
Operationally, plans are advanced with drilling locations finalised and well design on track.
Eco (Atlantic) says 3D seismic survey of the Orinduik Block, offshore Guyana successfully completed on schedule
Eco (Atlantic) said the 3D Survey was conducted by Schlumberger Guyana Inc. (Western Geco) and has been completed successfully and on schedule
US crude futures hit amid Hurricane Harvey chaos but gasoline rises
Texas officials reckon the storm will drive 30,000 people into shelters and trigger 450,000 people to seek assistance