Exxon Mobil Corp.

Randall Ebner, vice president and general counsel for Exxon Mobil Corp. , has announced his retirement effective November 1, 2020, after more than 40 years of service. The board of directors has elected Craig Morford as vice president and general counsel for the company. Morford is currently deputy general counsel. “We thank Randy for more than 40 years of service to the company, most recently as our general counsel [...]

ExxonMobil has made its final investment decision to proceed with the Payara field offshore development in Guyana after receiving government approvals. Payara is the third project in the Stabroek Block and is expected to produce up to 220,000 barrels of oil per day after startup in 2024, using the Prosperity floating production, storage and offloading vessel. This press release features multimedia. View the full release [...]

ExxonMobil and Global Thermostat have expanded their joint development agreement following 12 months of technical evaluation to determine the feasibility and potential scalability of Global Thermostat’s technology that captures carbon dioxide directly from the air. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200921005247/en/ “ExxonMobil’s scientists continue [...]

ExxonMobil and the National Math and Science Initiative are bringing college readiness and foundational education programs to students in Permian-area schools in Midland Independent School District and Ector County Independent School District in Texas and the Carlsbad Municipal School District in New Mexico. This press release features multimedia. View the full release here [...]

ExxonMobil has made its 18th discovery offshore Guyana at the Redtail-1 well which will add to the previously announced estimated recoverable resource of more than 8 billion oil-equivalent barrels on the Stabroek Block. “Our Stabroek Block exploration program continues to identify high-quality reservoirs in close proximity to previous discoveries, establishing efficient opportunities for new projects in Guyana,” said Mike [...]

ExxonMobil has signed an agreement with Global Clean Energy Holdings to purchase 2.5 million barrels of renewable diesel per year for five years from a converted California refinery starting in 2022. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200811005575/en/ The renewable diesel will be sourced from a refinery acquired by Global Clean Energy in [...]

Bryan Milton, president of ExxonMobil Fuels & Lubricants, has announced his retirement, effective September 1, 2020. Exxon Mobil Corp.’s board of directors has appointed Ian Carr as president of ExxonMobil Fuels & Lubricants Company and elected him as vice president of Exxon Mobil Corp.. “We thank Bryan for his 34 years of dedicated service, most recently as the president of Fuels & Lubricants,” said Jack Williams, senior [...]

Exxon Mobil Corp. : First Second Quarter Quarter First Half 2020 2019 2020 2020 2019 Results Summary Earnings/ 3,130 5,480 Earnings/ Per Common Share Assuming Dilution 0.73 1.28 Identified Items Per Common Share Assuming Dilution 0.44 0.12 0.12 Earnings/ Excluding Identified Items Per Common Share Assuming Dilution 0.61 0.53 1.16 Capital and Exploration Expenditures 5,327 8,079 7,143 12,470 14,969 Exxon Mobil Corp. today [...]

The Board of Directors of Exxon Mobil Corp. today declared a cash dividend of $0.87 cents per share on the Common Stock, payable on September 10, 2020 to shareholders of record of Common Stock at the close of business on August 13, 2020. This third quarter dividend is at the same level as the dividend paid in the second quarter of 2020. Through its dividends, the corporation has shared its success with its shareholders [...]

Exxon Mobil Corp. has received notice of an unsolicited mini-tender offer by Ponos Industries LLC to purchase up to 1 million shares of ExxonMobil common stock, which represents approximately 0.024 percent of the shares outstanding as of the April 27, 2020 offer date. Ponos' offer price of $48 per share is conditioned on the closing price per share exceeding $48 per share on the last day before the offer expires. This [...]