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 [...]
ExxonMobil said today that it has signed agreements with the Indian Institute of Technology locations in Madras and Bombay, further expanding its extensive portfolio of research collaboration with India’s universities. The five-year agreements focus on progressing research in biofuels and bio-products, gas transport and conversion, climate and environment, and low-emissions technologies for the power and industrial [...]
Exxon Mobil Corp. said today that it will donate $350,000 to the United Way and the American Red Cross to support local flooding relief assistance associated with tropical storm Imelda in the Beaumont and greater Houston areas in Texas. “Our heartfelt sympathies are with our colleagues, friends and neighbors in the areas impacted by flooding from the storm," said Darren W. Woods, chairman and chief executive officer [...]
ExxonMobil signed an agreement today with Vår Energi AS for the sale of its non-operated upstream assets in Norway for $4.5 billion as part of its previously announced plans to divest approximately $15 billion in non-strategic assets by 2021. “Our objective is to have the strongest, most competitive Upstream portfolio in the industry,” said Neil Chapman, senior vice president of ExxonMobil [...]
Talos Energy Inc. today announced that it has entered into two separate agreements with BP plc and Exxon Mobil Corp. related to new exploration opportunities in the U.S. Gulf of Mexico. The Company will work with BP to drill and evaluate the Puma West prospect , located in Talos-owned Green Canyon Block 821, in the fourth quarter of 2019. Additionally, Talos has acquired from ExxonMobil the Hershey prospect , located on [...]
ExxonMobil said today it made an oil discovery on the Stabroek Block offshore Guyana at the Tripletail-1 well in the Turbot area. The discovery adds to the previously announced estimated recoverable resource of more than 6 billion oil-equivalent barrels on the Stabroek Block. Tripletail-1 encountered approximately 108 feet of a high-quality oil bearing sandstone reservoir. Tripletail-1, drilled in 6,572 feet of water, is [...]
ExxonMobil and Mosaic Materials said today that they have entered into an agreement to explore the advancement of breakthrough technology that can remove carbon dioxide from emissions sources. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190826005107/en/ Mosaic Materials has progressed research on a unique process that uses porous solids, known as [...]
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