Exxon Mobil Corp.

ExxonMobil and the Global Center for Medical Innovation said today that they have initiated multi-sector and joint development projects to rapidly redesign and manufacture reusable personal protection equipment for health care workers, such as face shields and masks, which are in short supply as a result of the COVID-19 pandemic. This press release features multimedia. View the full release here [...]

ExxonMobil is looking to significantly reduce spending as a result of market conditions caused by the COVID-19 pandemic and commodity price decreases, the company said today. “Based on this unprecedented environment, we are evaluating all appropriate steps to significantly reduce capital and operating expenses in the near term,” said Darren Woods, chairman and chief executive officer of [...]

ExxonMobil continues to make progress on the company’s long-term growth plans by investing through the commodity price cycle to capture high-value opportunities and grow earnings and cash flow potential. “We are effectively executing our growth strategy that will lead to sustained improvement in shareholder value,” Darren W. Woods, ExxonMobil chairman and chief executive officer, said at the [...]

ExxonMobil today released a model framework for industry-wide methane regulations and urged stakeholders, policymakers and governments to develop comprehensive, enhanced rules to reduce emissions in all phases of production. “ExxonMobil has been applying the principles of this framework to our oil and natural gas operations for several years, resulting in improvements that demonstrate what’s practicable and [...]

ExxonMobil announced today that ExxonMobil Catalysts and Licensing LLC has launched its InFocus Online Platform to help customers optimize plant performance, increase operational efficiency and minimize production interruptions. Users can now use secure, near-real-time data to make faster, more informed decisions and collaborate more easily with ExxonMobil technical support. The platform has been tested and piloted with [...]

Exxon Mobil Corp.’s board of directors has elected Stephen Littleton as vice president of investor relations and corporate secretary, effective March 15. Neil Hansen, who is currently vice president of investor relations and corporate secretary, has been appointed vice president of fuels for Europe, Middle East and Africa. Littleton is currently vice president of downstream business services and controller. His [...]

Exxon Mobil Corp. : Third Fourth Quarter Quarter Twelve Months 2019 2018 % 2019 % 2019 2018 % Earnings Summary Earnings 5,690 6,000 -5 3,170 79 14,340 20,840 -31 Earnings Per Common Share Assuming Dilution 1.33 1.41 -6 0.75 77 3.36 4.88 -31 Capital and Exploration Expenditures 8,460 7,843 8 7,719 10 31,148 25,923 20 Exxon Mobil Corp. today announced estimated fourth quarter 2019 earnings of $5.7 billion, or $1.33 per [...]

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 March 10, 2020 to shareholders of record of Common Stock at the close of business on February 11, 2020. This first quarter dividend is at the same level as the dividend paid in the fourth quarter of 2019. Through its dividends, the corporation has shared its success with its shareholders for [...]

Exxon Mobil Corp. will release fourth quarter 2019 financial results on Friday, January 31, 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 Neil Hansen, vice president and secretary, will review the results during a live, listen-only conference call at 8:30 a.m. CT. The earnings presentation can be accessed [...]

ExxonMobil has increased its estimated recoverable resource base in Guyana to more than 8 billion oil equivalent barrels and made a further oil discovery northeast of the producing Liza field at the Uaru exploration well, the 16th discovery on the Stabroek Block. The new recoverable resource estimate includes 15 discoveries offshore Guyana through year-end 2019. The Uaru discovery is the first of 2020 and will be added to [...]