ExxonMobil today released the final election results of the 2021 Annual Meeting of Shareholders as confirmed by the independent election inspector. The ExxonMobil board of directors will consist of Michael Angelakis, Susan Avery, Angela Braly, Ursula Burns, Kenneth Frazier, Gregory Goff, Kaisa Hietala, Joseph Hooley, Steve Kandarian, Alexander Karsner, Jeffrey Ubben and Darren Woods. Douglas Oberhelman, Sam Palmisano and [...]
ExxonMobil today said it made a discovery at Longtail-3 in the Stabroek Block offshore Guyana. Drilling at Longtail-3 encountered 230 feet of net pay, including newly identified, high quality hydrocarbon bearing reservoirs below the original Longtail-1 discovery intervals. The well is located approximately two miles south of the Longtail-1 well. It was drilled in more than 6,100 feet of water by the Stena DrillMAX [...]
ExxonMobil today updated preliminary results for the election of directors at its annual meeting of shareholders held on May 26, 2021. Based on estimates by the company's proxy solicitor, shareholders are expected to elect nine ExxonMobil nominees and three Engine No. 1 nominees. "We look forward to working with all of our directors to build on the progress we've made to grow long-term shareholder value and succeed in a [...]
ExxonMobil said today that based on preliminary vote estimates by its proxy solicitor, shareholders have elected eight of ExxonMobil nominees to the board of directors and two of Engine No. 1 nominees. Vote results for five nominees were too close to call. "We welcome all of our new directors and look forward to working with them constructively and collectively on behalf of all shareholders," said Darren Woods, chairman [...]
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Exxon Mobil Corp. : First Quarter First Quarter Fourth Quarter 2021 2020 2020 Results Summary Earnings/ 2,730 Earnings/ Per Common Share Assuming Dilution 0.64 Identified Items Per Common Share Assuming Dilution Earnings/ Excluding Identified Items Per Common Share Assuming Dilution 0.65 0.53 0.03 Capital and Exploration Expenditures 3,133 7,143 4,771 Exxon Mobil Corp. today announced estimated first quarter 2021 earnings [...]
The Board of Directors of Exxon Mobil Corp. today declared a cash dividend of $0.87 per share on the Common Stock, payable on June 10, 2021 to shareholders of record of Common Stock at the close of business on May 13, 2021. This second quarter dividend is at the same level as the dividend paid in the first quarter of 2021. Through its dividends, the corporation has shared its success with its shareholders for more than [...]
ExxonMobil said today it made an oil discovery at the Uaru-2 well in the Stabroek Block offshore Guyana. Uaru-2 will add to the previously announced gross discovered recoverable resource estimate for the block, which is currently estimated to be approximately 9 billion oil-equivalent barrels. Drilling at Uaru-2 encountered approximately 120 feet of high quality oil bearing reservoirs including newly identified intervals [...]
ExxonMobil today released a detailed investor presentation reiterating the company's strategy to capitalize on its industry-leading resources to drive earnings and cash flow growth, maintain a strong dividend, reduce debt and invest in lower-emission technologies. The presentation, as well as additional information related to ExxonMobil's May 26, 2021 annual meeting of shareholders, can be found at [...]
Exxon Mobil Corp. will release first quarter 2021 financial results on Friday, April 30, 2021. 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 of investor relations and secretary, will review the results during a live, listen-only conference call at 8:30 a.m. CT. The presentation [...]
ExxonMobil and Porsche are testing advanced biofuels and renewable, lower-carbon eFuels, as part of a new agreement to find pathways toward potential future consumer adoption. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210330005428/en/ ExxonMobil and Porsche are testing lower-carbon fuels at the Porsche Mobil 1 Supercup. Pictured: The new Porsche 911 GT3 [...]
ExxonMobil today filed its definitive proxy statement and a letter to shareholders, urging them to vote using the BLUE CARD to support the company's 12 director nominees at its 2021 annual meeting of shareholders on May 26. "Our directors have experience leading some of the world's largest, most complex and successful companies and bring to the board a wide range of backgrounds, knowledge and skills relevant to [...]
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