Activists Use Shareholder Rights To Undermine Shareholders' Interests

Led by CalPERS, the pension fund for California public workers, activist investors may oppose re-electing ExxonMobil ExxonMobil chief executive Darren Woods to the company board. His sin: seeking g...

ExxonMobil (XOM) Strikes Oil With Likembe-01 Well Offshore Angola

ExxonMobil's (XOM) Likembe-01, well found in Angola's Block 15, signals a potential upturn in the country's oil fortunes, marking a significant discovery after years of dwindling output.

Why Exxon Mobil (XOM) is a Great Dividend Stock Right Now

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Exxon Mobil (XOM) have what it takes?

ExxonMobil (XOM) Bolsters Egypt Offshore Exploration Ties

ExxonMobil (XOM) will retain a 60% working interest in the Masry and Cairo concessions, while QatarEnergy will hold a 40% stake in the agreement.

Illinois state treasurer urges Exxon shareholders to vote against CEO Woods

The Illinois state treasurer has urged Exxon Mobil shareholders to vote against the election of Executive Chair and CEO Darren Woods, as the oil major pursues a lawsuit against two shareholders, a ...

Exxon Mobil Stock Is Not As Overvalued As You May Think

Exxon Mobil stock has surged by 15.8% since my coverage initiation in early February, outperforming the market's return by threefold. Does my thesis still hold? Read on. Q1 2024 earnings results sh...

Exxon ordered to pay $725M to mechanic who claimed toxic chemicals caused his cancer

The jury found Exxon liable for negligently failing to warn about the health risks of benzene, which the Environmental Protect Agency has classified as a known carcinogen.

California's Treasurer Ma urges votes against two Exxon directors

California Treasurer Fiona Ma, a board member of the U.S. state's two big pension systems, on Friday urged both to cast votes against two Exxon directors because of the energy company's unusual law...

Calpers weighs vote against Exxon CEO, FT reports

Calpers, the US's biggest public pension plan, is considering a vote against ExxonMobil chief executive Darren Woods' re-election to the company board, the Financial Times reported on Friday.

ExxonMobil (XOM) Liza Unity FPSO Hits Record Output in Guyana

ExxonMobil's (XOM) Liza Unity FPSO achieves peak production of 252K bbl/day, paving the way for Guyana to become Latin America's second-largest oil producer after Brazil.

Why ExxonMobil Stock Is a Long-Term Buy

ExxonMobil's cash flow is now rapidly outpacing its original five-year capital expenditure plan. Low-cost and low-break-even price points for both Guyana and Permian wells ensure an ample stream of...

Turkey signs long-term LNG deal with ExxonMobil

Turkey's state gas grid operator BOTAS signed an LNG trade deal with ExxonMobil on Wednesday, the Turkish energy minister said, in a bid to diversify resources.

Exxon Mobil's Liza Unity FPSO in Guyana hit peak output of 252,000 bpd -executive

An Exxon Mobil led oil consortium has achieved peak production of 252,000 barrels per day from its Liza Unity production vessel, Exxon Guyana Country Manager Alistair Routledge said on Wednesday.

ExxonMobil (XOM) Trading Staff Opposes London Relocation Plan

ExxonMobil (XOM) employees in Brussels take to the streets, resisting the company's move to relocate trading operations to London. Job cuts loom large as tensions rise.

ExxonMobil's (XOM) Optimism Forwards Rovuma LNG Project

ExxonMobil (XOM) is moving forward with the LNG project. It expects the project to enter a front-end engineering and design phase in the coming months.


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