Exxon Mobil Corp.

Exxon Mobil Corp. announced an agreement with Calpine Corporation, the nation's largest producer of electricity from natural gas, to transport and permanently store up to 2 million metric tons per annum of CO2 from Calpine's Baytown Energy Center, a cogeneration facility near Houston. This is part of Calpine's Baytown Carbon Capture and Storage Project that is designed to capture the facility's CO2 emissions, enabling the [...]

Exxon Mobil Corp. will release its first quarter 2025 financial results on Friday, May 2, 2025. The company will issue a press release via Business Wire that will be available at 5:30 a.m. CT at investor.exxonmobil.com. Darren Woods, Chairman and Chief Executive Officer; Kathy Mikells, Senior Vice President and Chief Financial Officer; and Jim Chapman, Vice President, Treasurer and Investor Relations, will review the [...]

ExxonMobil today announced Karen T. McKee, president of ExxonMobil Product Solutions Company and vice president Exxon Mobil Corp., will retire effective May 1, 2025. The Board of Directors has appointed Matt Crocker president, ExxonMobil Product Solutions Company and vice president Exxon Mobil Corporation. He will succeed McKee effective May 1, 2025. "We thank Karen for her long-standing service to the company," said [...]

Exxon Mobil Corp. : Results Summary 4Q24 3Q24 Change vs 3Q24 Dollars in millions 2024 2023 Change vs 2023 7,610 8,610 -1,000 Earnings 33,680 36,010 -2,330 7,394 8,610 -1,216 Earnings Excluding Identified Items 33,464 38,572 -5,108 1.72 1.92 -0.20 Earnings Per Common Share ² 7.84 8.89 -1.05 1.67 1.92 -0.25 Earnings Excl. Identified Items Per Common Share ² 7.79 9.52 -1.73 7,514 7,159 +355 Capital and Exploration [...]

Exxon Mobil Corp. will release its fourth quarter 2024 financial results on Friday, January 31, 2025. The company will issue a press release via Business Wire that will be available at 5:30 a.m. CT at investor.exxonmobil.com. Darren Woods, Chairman and Chief Executive Officer; Kathy Mikells, Senior Vice President and Chief Financial Officer; and Jim Chapman, Vice President, Treasurer and Investor Relations, will review [...]

ExxonMobil today announced its Corporate Plan to 2030, creating a platform to further extend the company's track record of delivering leading shareholder value. The plan reflects the company's strategy to leverage its unique set of competitive advantages and unrivaled opportunities to create significant upside potential for shareholders. The company expects to deliver incremental growth potential of $20 billion in [...]

ExxonMobil today announced Liam M. Mallon, president of ExxonMobil Upstream Company and vice president Exxon Mobil Corp., will retire effective February 1, 2025. The Board of Directors has appointed Dan L. Ammann president, ExxonMobil Upstream Company. Dan will continue as vice president, Exxon Mobil Corporation to succeed Liam. The Board also has appointed Barry L. Engle president, Low Carbon Solutions and vice president [...]

ExxonMobil plans to invest more than $200 million to expand its advanced recycling operations at its sites in Baytown and Beaumont, Texas. The new operations are expected to start up in 2026 and can help increase advanced recycling rates and divert plastic from landfills. The company plans to build additional units to reach a global recycling capacity of 1 billion pounds per year by 2027. "We are solutions providers, and [...]

Exxon Mobil Corp. and LG Chem have signed a non-binding memorandum of understanding for a multiyear offtake agreement for up to 100,000 metric tons of lithium carbonate. The lithium will be supplied from ExxonMobil's planned project in the U.S. to LG Chem's cathode plant in Tennessee, which LG Chem expects to be the largest of its kind in the U.S. "America needs secure domestic supply of critical minerals like lithium [...]

Exxon Mobil Corp. : Results Summary 3Q24 2Q24 Change vs 2Q24 Dollars in millions YTD 2024 YTD 2023 Change vs YTD 2023 8,610 9,240 -630 Earnings 26,070 28,380 -2,310 8,610 9,240 -630 Earnings Excluding Identified Items 26,070 28,609 -2,539 1.92 2.14 -0.22 Earnings Per Common Share 4 6.12 6.98 -0.86 1.92 2.14 -0.22 Earnings Excl. Identified Items Per Common Share 4 6.12 7.04 -0.92 7,159 7,039 +120 Capital and Exploration [...]