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Exxon Mobil News (NYSE:XOM)

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12/11/20247:00AMBWExxonMobil announces plans to 2030 that build on its unique advantages
Expects to deliver growth potential of $20 billion in earnings and $30 billion in cash flow1 Key elements of ExxonMobil’s 2030 plan: Increasing Pioneer acquisition average annual synergies by over 50% to more than $3 billion2 Growing new business earnings potential to $3 billion3 Adding $7 billion more in structural... More...>>
12/03/202411:30AMBWExxonMobil Announces Leadership Changes
Liam Mallon to retire after 34 years of service Dan Ammann appointed President, Upstream Company Barry Engle appointed President, Low Carbon Solutions ExxonMobil (NYSE: XOM) today announced Liam M. Mallon, president of ExxonMobil Upstream Company and vice president Exxon Mobil Corporation, will retire effective February... More...>>
12/03/20249:27AMGLOBEPerformance Shipping Inc. Secures Time Charter Contract with Oil Major at US$33,500 Per Day for LR2 Aframax Tanker, M/T P. Aliki
ATHENS, Greece, Dec. 03, 2024 (GLOBE NEWSWIRE) -- Performance Shipping Inc. (NASDAQ: PSHG), (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, today announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with SeaRiver... More...>>
11/21/20248:00AMBWExxonMobil to Expand Advanced Recycling Capacity
Plans for 1 Billion Pounds Capacity per Year by 2027  $200 million investment adds new units to Beaumont and Baytown sites Processed more than 70 million pounds of plastic waste in Baytown so far with proven technology Additional advanced recycling units planned for North America, Europe, Asia ExxonMobil (NYSE: XOM) plans... More...>>
11/20/20246:00AMBWLG Chem and ExxonMobil sign MOU for lithium offtake
Offtake agreement for up to 100,000 tons of lithium carbonate Aims to strengthen the U.S. critical mineral supply chain Contributes to domestic energy security, manufacturing, jobs and emission reductions Lithium production contingent on supportive regulatory frameworks, among other factors Exxon Mobil Corporation (NYSE:... More...>>
11/01/20249:06AMIHMARKETNEWSUpbeat Amazon, Intel Earnings May Spark Rebound On Wall Street
The major U.S. index futures are currently pointing to a higher open on Friday, with stocks likely to regain ground following the sell-off seen in the previous session. Early buying interest may be generated in reaction to upbeat earnings news from big-name companies like Amazon (NASDAQ:AMZN) and Intel (NASDAQ:INTC). Shares... More...>>
11/01/20246:57AMIHMARKETNEWSIndex Futures Rise on Jobs Report and Chevron, Exxon Earnings Anticipation; Oil Prices Surge
U.S. index futures rose in Friday’s pre-market, fueled by anticipation of key earnings reports from Chevron and Exxon Mobil, as investors awaited the crucial jobs report and the conclusion of the most intense week of S&P 500 earnings season. At 6:08 AM, Dow Jones futures (DOWI:DJI) rose 108 points, or 0.26... More...>>
11/01/20246:55AMIHMARKETNEWSAmazon Up 6%, Atlassian Jumps 20%; Intel Posts Surprising Profit; Abbott Wins Infant Formula Lawsuit
Amazon (NASDAQ:AMZN) – Amazon exceeded expectations for the third quarter with earnings per share of $1.43, compared to the anticipated $1.14, and revenue of $158.88 billion, surpassing estimates of $157.2 billion. AWS performed slightly below expectations with revenue of $27.4 billion, while advertising rose 19... More...>>
11/01/20246:30AMBWExxonMobil Announces Third-Quarter 2024 Results
Improved earnings power from enterprise-wide transformation drove industry-leading third-quarter earnings of $8.6 billion1 Achieved highest liquids production in over 40 years with 3.2 million barrels per day2 Delivered record high-value product sales volumes in Product Solutions, up 10% over prior year-to-date Returned... More...>>
10/28/20244:40PMIHMARKETNEWSU.S. Stocks Pull Back Off Early Highs But Close Mostly Positive
After showing a strong move to the upside early in the session, stocks gave back ground over the course of the trading day on Monday but managed to end the day mostly higher. The major averages all finished the day in positive territory after turning in mixed performances over the two previous sessions. The Dow advanced... More...>>
10/28/20249:09AMIHMARKETNEWSSteep Drop By Oil Prices May Lead To Initial Strength On Wall Street
The major U.S. index futures are currently pointing to initial strength on Wall Street on Monday, with stocks likely to move mostly higher after turning in a mixed performance last week. Early buying interest may be generated amid a steep drop by the price of oil, as crude oil for December delivery is plummeting $4.36... More...>>
10/25/20246:05AMIHMARKETNEWSCapri Shares Crash 45% After Merger Block; Coursera Falls 18% on Lower Revenue Forecast
Tapestry (NYSE:TPR), Capri (NYSE:CPRI) – A U.S. judge blocked the $8.5 billion merger between Tapestry and Capri, favoring the Federal Trade Commission (FTC) and marking a win for the Biden administration before the elections. The FTC argued the merger would reduce competition among top U.S. handbag makers, raising... More...>>
10/22/202412:46PMBWExxonMobil to Release Third Quarter 2024 Financial Results
Exxon Mobil Corporation (NYSE: XOM) will release its third quarter 2024 financial results on Friday, November 1, 2024. The company will issue a press release via Business Wire that will be available at 5:30 a.m. CT at investor.exxonmobil.com. Darren Woods, Chairman and Chief Executive Officer; Kathy Mikells, Senior Vice... More...>>
10/10/20248:30AMBWExxonMobil Secures Largest CO2 Offshore Storage Site in the U.S.
ExxonMobil has secured access to over 271,000-acres in Texas state waters; ideal for CO2 storage Agreement will directly benefit the Texas Permanent School Fund Latest example of ExxonMobil’s leadership in building a carbon capture industry in the U.S. Exxon Mobil Corporation (NYSE: XOM) has executed the largest offshore... More...>>
10/10/20246:45AMIHMARKETNEWSTesla’s Robotaxi Day; GSK Settles 93% of Zantac Lawsuits; 10x Genomics Stock Drops on Revenue Forecast
Tesla (NASDAQ:TSLA) – Tesla’s sales in China increased by 19.2% in September, totaling over 72,000 electric vehicles sold, its best performance of the year. Deliveries of locally produced Model 3 and Model Y rose by 1.9% from the previous month. In Q3, Tesla recorded a 12% growth in sales of Chinese-made electric... More...>>
10/08/20244:44PMIHMARKETNEWSU.S. Stocks Close On Firm Note; Nasdaq Rises 1.5 Percent
U.S. stocks moved higher on Tuesday, with technology stocks turning in a strong performance. Pushing geopolitical concerns and interest-rate uncertainty aside, investors picked up stocks, choosing to focus on the earnings season. The major averages all ended on a firm note. The Dow started off on a sluggish note and remained... More...>>
09/24/20246:15AMIHMARKETNEWSVisa Faces Monopoly Lawsuit; Meta Introduces Celebrity Voices for Chatbot; Stellantis on the Hunt for New CEO
Visa (NYSE:V) – The US Department of Justice is suing Visa, accusing the company of illegally monopolizing the debit card market. The lawsuit, which will take place in federal court, is based on the company’s anti-competitive behavior. The investigation began in 2021 to determine whether Visa prevents competition... More...>>
09/23/20244:44PMIHMARKETNEWSU.S. Stocks Close Slightly Higher; Dow, S&P Post New Highs
U.S. stocks closed higher on Monday and the Dow and S&P 500 posted record highs, although the gains were just marginal, as investors largely made cautious moves ahead of some crucial economic data and Fed speeches. Reports on durable goods orders, new home sales and consumer confidence are likely to attract attention... More...>>
09/17/20246:40AMIHMARKETNEWSMicrosoft Boosts Share Buyback, Raises Dividends by 10%, Intel Secures Chip Deal with Amazon
Microsoft (NASDAQ:MSFT), Vodafone (NASDAQ:VOD) – Microsoft announced a new stock buyback program of up to $60 billion and a 10% increase in its quarterly dividend to $0.83. The company plans to hold its annual shareholders’ meeting on December 10. Additionally, Microsoft revealed that Vodafone signed a significant... More...>>
09/16/20244:48PMIHMARKETNEWSU.S. Stocks Close Mixed Ahead Of Fed Policy Meeting; Dow Hits New Record High
U.S. stocks ended on a mixed note on Monday as investors looked ahead to the Federal Reserve’s monetary policy announcement later this week, and stayed largely cautious and selective with regard to their moves. Among the major averages, the Dow (DOWI:DJI) hit a new record high and ended up 228.30 points or 0.55 percent... More...>>

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