Exxon Mobil Corp.

ExxonMobil said today it made an oil discovery offshore Guyana at the Mako-1 well southeast of the Liza field, marking the 15th discovery on the Stabroek Block. The discovery adds to the previously announced estimated recoverable resource of more than 6 billion oil-equivalent barrels on the Stabroek Block. Mako-1 encountered approximately 164 feet of a high-quality oil bearing sandstone reservoir. Mako-1, drilled in 5,315 [...]

ExxonMobil today announced that oil production has started from the Liza field offshore Guyana ahead of schedule and less than five years after the first discovery of hydrocarbons, which is well ahead of the industry average for deepwater developments. Production from the first phase of the Liza field, located in the Stabroek Block, is expected to reach full capacity of 120,000 barrels of oil per day in coming months, and [...]

ExxonMobil today issued the following statement in response to the verdict from the Supreme Court of the State of New York: “Today’s ruling affirms the position ExxonMobil has held throughout the New York Attorney General’s baseless investigation. We provided our investors with accurate information on the risks of climate change. The court agreed that the Attorney General failed to make a case, even with [...]

Exxon Mobil Corp. said today that Joseph L. Hooley has been elected to its board of directors, effective Jan. 1, 2020. Hooley currently serves as the non-executive board chairman of State Street Corporation and was its chief executive officer from 2010 to 2018. With the election of Hooley, the ExxonMobil board stands at 11 directors, 10 of whom are non-employee directors. Hooley’s previous experience leading a large [...]

ExxonMobil and FuelCell Energy, Inc. said today they have signed a new, two-year expanded joint-development agreement to further enhance carbonate fuel cell technology for the purpose of capturing carbon dioxide from industrial facilities. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20191106005233/en/ The agreement, worth up to $60 million, will focus efforts [...]

Exxon Mobil Corp. : Second Third Quarter Quarter First Nine Months 2019 2018 % 2019 % 2019 2018 % Earnings Summary Earnings 3,170 6,240 -49 3,130 1 8,650 14,840 -42 Earnings Per Common Share Assuming Dilution 0.75 1.46 -49 0.73 3 2.03 3.47 -41 Capital and Exploration Expenditures 7,719 6,586 17 8,079 -4 22,688 18,080 25 Exxon Mobil Corp. today announced estimated third quarter 2019 earnings of $3.2 billion, or $0.75 per [...]

ExxonMobil Catalysts and Licensing LLC and Albemarle Corporation announced today a transformative hydroprocessing suite of catalyst and service solutions for the refining industry called the Galexia™ platform. The platform enables an improved way of doing business, ensuring customer demands are better addressed at every stage throughout the value chain. This press release features multimedia. View the full release [...]

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 December 10, 2019 to shareholders of record of Common Stock at the close of business on November 12, 2019. This fourth quarter dividend is at the same level as the dividend paid in the third quarter of 2019. Through its dividends, the corporation has shared its success with its shareholders [...]

Exxon Mobil Corp. will release third quarter 2019 financial results on Friday, November 1, 2019. A press release will be issued via Business Wire and available at 6:30 a.m. CT at www.exxonmobil.com. Neil Hansen, vice president and secretary, will review the results during a listen-only conference call at 8:30 a.m. CT. The earnings presentation can be accessed via webcast or by calling 516-2433 or 994-2096 . Please [...]

ExxonMobil said today it extended its support of the MIT Energy Initiative’s low-carbon energy research and education mission by renewing its status as a founding member for another five years. ExxonMobil first signed on as a member of the initiative in 2014. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20191021005146/en/ “This collaboration between [...]