The Board of Directors of Exxon Mobil Corporation (NYSE:XOM) today declared a cash dividend of $0.77 per share on the Common Stock, payable on June 9, 2017 to shareholders of record of Common Stock at the close of business on May 12, 2017. This second quarter dividend compares with $0.75 per share paid in the first quarter of 2017. Through its dividends, the corporation has shared its success with its shareholders for [...]
In recognition of World Malaria Day, ExxonMobil announced today that it is renewing support for local and global organizations working to end malaria around the world. Grants made this year will continue ExxonMobil’s longstanding support for efforts to fight the disease that, although preventable, treatable and curable, takes the lives of more than 425,000 each year. ExxonMobil’s malaria initiative focuses on [...]
Exxon Mobil Corporation (NYSE:XOM) will release first quarter 2017 financial results on Friday, April 28, 2017. A press release will be issued via Business Wire and available at 7 a.m. CT at www.exxonmobil.com. Jeff Woodbury, vice president of Investor Relations, 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 (888) 600-4863 [...]
ExxonMobil Chemical Company and SABIC each announced the selection of a site in San Patricio County, Texas for potential development of a jointly owned petrochemical complex on the U.S. Gulf Coast. The proposed multibillion dollar investment would include a world-scale ethane steam cracker capable of producing 1.8 million tonnes of ethylene per year, which would feed a monoethylene glycol unit and two polyethylene units [...]
Exxon Mobil Corporation (NYSE:XOM) announced today positive results on the Snoek well offshore Guyana, confirming a new discovery on the Stabroek Block. Drilling targeted similar aged reservoirs as encountered in previous discoveries at Liza and Payara. “The latest discovery at Snoek demonstrates the continued success we have achieved in this technically complex play, which is just part of the significant [...]
Exxon Mobil Corporation (NYSE:XOM) today announced that it has received notice of an unsolicited mini-tender offer by TRC Capital Corporation to purchase up to 2 million shares of ExxonMobil common stock, which represents approximately 0.05 percent of the shares outstanding as of the March 13, 2017 offer date. TRC Capital’s offer price of $78 per share is approximately 4.42 percent lower than the $81.61 closing [...]
Exxon Mobil Corporation (NYSE:XOM) will release its 2016 Financial and Operating Review on Wednesday, March 22, 2017. The report will be posted at 8 a.m. CDT at www.exxonmobil.com/investor. View source version on businesswire.com: http://www.businesswire.com/news/home/20170315005149/en/ Contact ExxonMobil Media Relations, 972-444-1107 ...
-Buckhorn will build, own and operate an 87-mile pipeline and disposal system to provide long-term produced water gathering and disposal services GREENWOOD VILLAGE, Colo., March 14, 2017 /PRNewswire/ -- Buckhorn SWD Solutions, LLC ("Buckhorn" or "the Company"), a leading provider of mid-stream gathering systems, saltwater disposal solutions and waste management for the oil and gas sector, announced today that it has [...]
ExxonMobil and Eni have signed today a sale and purchase agreement to enable ExxonMobil to acquire from Eni a 25 percent indirect interest in the natural gas-rich Area 4 block, offshore Mozambique. Eni currently holds a 50 percent indirect share in the block through a 71.4 percent stake in Eni East Africa, which owns 70 percent of the Area 4 concession. This Smart News Release features multimedia. View the full release [...]
Exxon Mobil Corporation (NYSE:XOM) is expanding its manufacturing capacity along the U.S. Gulf Coast through planned investments of $20 billion over a 10-year period to take advantage of the American energy revolution, Darren Woods, chairman and chief executive officer, said Monday. The projects, at 11 proposed and existing sites, are expected to generate thousands of new high-paying jobs and $20 billion in increased [...]
Exxon Mobil Corporation (NYSE:XOM) is positioned to succeed in any price environment by maximizing the competitive advantages of its integrated businesses and by investing in projects that generate high-value products across the commodity cycle, Chairman and Chief Executive Officer Darren W. Woods said Wednesday. “Our job is to compete and succeed in any market, regardless of conditions or price,” Woods said [...]
SINGAPORE and PORT MORESBY, Papua New Guinea, Feb. 22, 2017 /PRNewswire/ -- InterOil Corp. (NYSE: IOC) today announced the completion of the previously announced transaction with Exxon Mobil Corp. (NYSE: XOM). Under the terms of the transaction, ExxonMobil acquired all of the outstanding common shares of InterOil, and InterOil shareholders received 0.5459 shares of ExxonMobil for each InterOil common share and a [...]