Exxon Mobil Corp.

Pomerantz LLP announces that a class action lawsuit has been filed against Exxon Mobil Corp. and certain of its officers. The class action, filed in the United States District Court for the Northern District of Texas, and docketed under 21-cv-000194, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise, acquired Exxon securities between November 6, 2019 and [...]

The Board of Directors of Exxon Mobil Corp. today declared a cash dividend of $0.87 per share on the Common Stock, payable on March 10, 2021 to shareholders of record of Common Stock at the close of business on February 10, 2021. This first quarter dividend is at the same level as the dividend paid in the fourth quarter of 2020. Through its dividends, the corporation has shared its success with its shareholders for more [...]

Exxon Mobil Corp. issued the following statement in response to Engine No. 1's nomination of directors for election to ExxonMobil's board of directors at its 2021 annual meeting of shareholders. ExxonMobil has engaged with Engine No. 1 since mid-December. The company's board affairs committee will evaluate Engine No. 1's notice of nomination and nominees in line with the corporation's by-laws. ExxonMobil will continue to [...]

Exxon Mobil Corp. will release fourth quarter 2020 financial results on Tuesday, February 2, 2021. A press release will be issued via Business Wire and available at 6:30 a.m. CT at www.exxonmobil.com. Darren Woods, chairman and chief executive officer, and Stephen Littleton, vice president of investor relations and secretary, will review the results during a live, listen-only conference call at 8:30 a.m. CT. The [...]

Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Exxon Mobil Corp. resulting from allegations that Exxon Mobil may have issued materially misleading business information to the investing public. On January 15, 2021, The Wall Street Journal published an article titled, "Exxon Draws SEC Probe Over Permian Basin Asset Valuation." The article [...]

FN Media Group Presents Oilprice.com Market Commentary A three-well drill campaign has just been launched by a small-cap explorer in a massive Permian basin that could end up being the next major conventional onshore oil discovery in the world. And everyone's watching as many names in the oil industry and resource assessment gather around Reconnaissance Energy . Mentioned in today's commentary includes: [...]

ExxonMobil said today it plans further reductions in greenhouse gas emissions over the next five years to support the goals of the Paris Agreement and anticipates meeting year-end 2020 reductions. ExxonMobil plans to reduce the intensity of operated upstream greenhouse gas emissions by 15 to 20 percent by 2025, compared to 2016 levels. This will be supported by a 40 to 50 percent decrease in methane intensity, and a 35 to [...]

ExxonMobil and PETRONAS have discovered hydrocarbons at the Sloanea-1 exploration well on Block 52 offshore Suriname, adding to ExxonMobil’s extensive finds in the Guyana-Suriname basin. The well was drilled by operator PETRONAS, and the discovery is being evaluated to determine its resource potential. “Our first discovery in Suriname extends ExxonMobil’s leading position in South America, building on our successful [...]

ExxonMobil has completed a review of its forward business plans and will prioritize near-term capital spending on advantaged assets with the highest potential future value, including developments in Guyana and the U.S. Permian Basin, targeted exploration in Brazil and Chemicals projects to grow high-value performance products. “Recent exploration success and reductions in development costs of strategic investments have [...]

Exxon Mobil Corp. : Second Third Quarter Quarter First Nine Months 2020 2019 2020 2020 2019 Results Summary Earnings/ 3,170 8,650 Earnings/ Per Common Share Assuming Dilution 0.75 2.03 Identified Items Per Common Share Assuming Dilution 0.03 0.07 0.44 0.19 Earnings/ Excluding Identified Items Per Common Share Assuming Dilution 0.68 1.84 Capital and Exploration Expenditures 4,133 7,719 5,327 16,603 22,688 [...]