Wall Street cuts Exxon earnings views after fourth-quarter snapshot
1 day ago · Analysts on Wednesday lowered their fourth-quarter earnings estimates for Exxon Mobil , the day after the top U.S. oil producer warned that reduced prices and margins could hurt quarterly results.
John Hess ‘Very Confident’ of Winning Exxon Case, Chevron Merger
2 days ago · Hess Corp. expressed confidence in prevailing in arbitration brought by Exxon Mobil Corp. over a massive oil project that’s key to the $53 billion Chevron Corp. takeover.
Exxon Sues California Official, Claiming He Defamed the Company
2 days ago · Exxon is seeking monetary damages and retractions from Mr. Bonta and the environmental groups, which include the Sierra Club, San Francisco Baykeeper, Heal the Bay and the Surfrider Foundation.
ExxonMobil announces plans to 2030 that build on its unique …
Dec 11, 2024 · ExxonMobil continues to strengthen its Upstream portfolio of advantaged assets that offer lower cost of supply and higher returns. By 2030, at a 2024 dollar real Brent price of $65 per barrel, a real Henry Hub price of $3 per mmbtu, and a real TTF price of $6.50 per mmbtu, the company plans to deliver an additional $9 billion in Upstream annual earnings potential – more than 50% higher than ...
ExxonMobil announces merger with Pioneer Natural Resources in …
Oct 11, 2023 · SPRING and IRVING, Texas – Exxon Mobil Corporation (NYSE: XOM) and Pioneer Natural Resources (NYSE: PXD) jointly announced a definitive agreement for ExxonMobil to acquire Pioneer. The merger is an all-stock transaction valued at $59.5 billion, or $253 per share, based on ExxonMobil’s closing price on October 5, 2023.
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News & events :: Exxon Mobil Corporation (XOM)
Nov 20, 2024 · ExxonMobil announces plans to 2030 that build on its unique advantages View press release View all news
Exxon Mobil doubles down on fossil fuels with $59.5 billion deal …
Oct 11, 2023 · Exxon Mobil is buying Pioneer Natural Resources in an all-stock deal valued at $59.5 billion, its largest buyout since acquiring Mobil two decades ago, creating a colossal fracking operator in West Texas.
Exxon Mobil warns that lower oil prices and tighter refining …
1 day ago · Exxon Mobil Corp.’s stock fell 1.4% Wednesday, after the oil giant said lower oil prices and pressure on refining margins would weigh on fourth-quarter earnings. Oil prices measured by the U.S ...
Exxon warns of hit to Q4 profits after drop in oil prices, weaker ...
2 days ago · HOUSTON (Reuters) -Exxon Mobil signaled on Tuesday that sharply lower oil refining profits and weakness across all its businesses would reduce its fourth-quarter earnings by about $1.75 billion ...