Exxon Mobil Corp.

Exxon Mobil Corp. : First First Fourth Quarter Quarter Quarter 2020 2019 % 2019 % Results Summary Earnings/ 2,350 -126 5,690 -111 Earnings/ Per Common Share Assuming Dilution 0.55 -125 1.33 -111 Identified Items Per Common Share Assuming Dilution - 0.92 Earnings Excluding Identified Items Per Common Share Assuming Dilution 0.53 0.55 -4 0.41 29 Capital and Exploration Expenditures 7,143 6,890 4 8,460 -16 [...]

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 June 10, 2020 to shareholders of record of Common Stock at the close of business on May 13, 2020. This second quarter dividend is at the same level as the dividend paid in the first quarter of 2020. Through its dividends, the corporation has shared its success with its shareholders for more [...]

XTO Energy Inc. today announced that it has extended the offering period of its previously announced tender offer to purchase all outstanding units of beneficial interest in Hugoton Royalty Trust at a price of $0.20 per Unit, net to the seller in cash, without interest and subject to any withholding of taxes. The tender offer is now scheduled to expire at 5:00 p.m., New York City time, on Tuesday, May 12, 2020, unless the [...]

Exxon Mobil Corp. will release first quarter 2020 financial results on Friday, May 1, 2020. 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 and secretary, will review the results during a live, listen-only conference call at 8:30 a.m. CT. The presentation can be accessed via [...]

ExxonMobil said today it has reconfigured manufacturing operations in Louisiana to produce medical-grade hand sanitizer for donation to COVID-19 response efforts in Louisiana, New Jersey, New Mexico, New York, Pennsylvania and Texas. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200424005081/en/ To enhance safety, ExxonMobil plant personnel package the [...]

ExxonMobil said today it will host its 2020 Annual Meeting of Shareholders on May 27 in virtual-only format via live audio webcast. The format will assist in protecting the health and well-being of the company’s shareholders, employees, other meeting participants and the community during the COVID-19 pandemic. The decision follows an executive order by Texas Governor Greg Abbott to minimize social gatherings and in-person [...]

ExxonMobil is providing thousands of meals and medical face masks for Houston-area health care workers, police officers and firefighters responding to the COVID-19 pandemic, in a new initiative that brings total contributions for Houston-area relief to $450,000. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200416005210/en/ ExxonMobil staff helps prepare meals [...]

ExxonMobil said today it has increased production of critical raw materials for masks, gowns and hand sanitizer used by medical professionals and first responders leading the efforts to combat the global COVID-19 pandemic. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200415005157/en/ The company has increased its capability to manufacture specialized [...]

ExxonMobil is conducting field trials of eight emerging methane detection technologies, including satellite and aerial surveillance monitoring, at nearly 1,000 sites in Texas and New Mexico to further reduce methane emissions. The field tests are evaluating effectiveness and scalability of a range of next-generation detection technologies that in addition to satellites use drones, planes, helicopters, ground-based mobile [...]

ExxonMobil said today it is reducing its 2020 capital spending by 30 percent and lowering cash operating expenses by 15 percent in response to low commodity prices resulting from oversupply and demand weakness from the COVID-19 pandemic. Capital investments for 2020 are now expected to be about $23 billion, down from the previously announced $33 billion. The 15 percent decrease in cash operating expenses is driven by [...]