Thirty accredited Illinois colleges and universities will receive more than $1.4 million as part of the ExxonMobil Foundation’s Educational Matching Gift Program. ExxonMobil employees and retirees contributed nearly $400,000 to Illinois colleges and universities, and those individual donations were matched by more than $1 million in ExxonMobil Foundation grants. The ExxonMobil Foundation program matches individual [...]
Twenty-nine accredited New Jersey colleges and universities will receive more than $1.3 million as part of the ExxonMobil Foundation’s Educational Matching Gift Program. ExxonMobil employees and retirees contributed more than $330,000 to New Jersey colleges and universities, and those individual donations were matched by more than $970,000 in ExxonMobil Foundation grants. The ExxonMobil Foundation program matches [...]
More than 35 accredited California colleges and universities will receive more than $1.2 million as part of the ExxonMobil Foundation’s Educational Matching Gift Program. ExxonMobil employees and retirees contributed more than $360,000 to California colleges and universities, and those individual donations were matched by nearly $860,000 in ExxonMobil Foundation grants. The ExxonMobil Foundation program matches individual [...]
Steve Greenlee, president of ExxonMobil Upstream Business Development Company, has elected to retire on July 1 after more than 38 years of service. Exxon Mobil Corp.’s board of directors has appointed Linda DuCharme as president of ExxonMobil Upstream Business Development Company and elected her vice president of Exxon Mobil Corp.. She will retain her current position as president of ExxonMobil Upstream Integrated [...]
ExxonMobil is managing unprecedented market challenges from the COVID-19 pandemic while preserving long-term shareholder value, chairman and chief executive officer Darren Woods told shareholders today during the company’s annual meeting. “Despite the current volatility and near-term uncertainty, the long-term fundamentals that drive our business remain strong and unchanged,” Woods said during the meeting, which was held [...]
Beyond Pesticides sued Exxon Mobil Corp. on Friday for "false and deceptive marketing," misrepresenting to consumers that it "has invested significantly in the production and use of 'clean' energy and environmentally beneficial technology." The truth, according to the complaint filed in DC Superior Court, is that the vast majority of Exxon's business continues to be in the production and use of petroleum, natural gas, and [...]
XTO Energy Inc. today announced that it has extended the offering period of its previously announced tender offer to purchase all outstanding units of beneficial interest in Hugoton Royalty Trust at a price of $0.20 per Unit, net to the seller in cash, without interest and subject to any withholding of taxes. The tender offer is now scheduled to expire at 5:00 p.m., New York City time, on Tuesday, May 26, 2020, unless the [...]
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 June 10, 2020 to shareholders of record of Common Stock at the close of business on May 13, 2020. This second quarter dividend is at the same level as the dividend paid in the first quarter of 2020. Through its dividends, the corporation has shared its success with its shareholders for more [...]
XTO Energy Inc. today announced that it has extended the offering period of its previously announced tender offer to purchase all outstanding units of beneficial interest in Hugoton Royalty Trust at a price of $0.20 per Unit, net to the seller in cash, without interest and subject to any withholding of taxes. The tender offer is now scheduled to expire at 5:00 p.m., New York City time, on Tuesday, May 12, 2020, unless the [...]
Exxon Mobil Corp. will release first quarter 2020 financial results on Friday, May 1, 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 Stephen Littleton, vice president and secretary, will review the results during a live, listen-only conference call at 8:30 a.m. CT. The presentation can be accessed via [...]
ExxonMobil said today it has reconfigured manufacturing operations in Louisiana to produce medical-grade hand sanitizer for donation to COVID-19 response efforts in Louisiana, New Jersey, New Mexico, New York, Pennsylvania and Texas. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200424005081/en/ To enhance safety, ExxonMobil plant personnel package the [...]