Exxon Mobil Corporation (NYSE:XOM) is achieving industry-leading financial performance throughout the commodity price cycle by maintaining a focus on the fundamentals, selectively investing in the business and paying a reliable and growing dividend, Rex W. Tillerson, chairman and chief executive officer, said today. “We remain steadfast in our mission to create superior long-term shareholder value,” Tillerson [...]
ExxonMobil is inspiring girls to consider careers in science, technology, engineering and math (STEM) through its 13th annual Introduce a Girl to Engineering Day program. This year’s program is a component of the company’s broader “Be an Engineer” initiative and will engage more than 2,000 middle-school girls around the country. “Many girls may not realize that engineering is an exciting and [...]
Exxon Mobil Corporation (NYSE:XOM) said today it added 1 billion oil-equivalent barrels of proved oil and gas reserves in 2015, replacing 67 percent of production, including a 219 percent replacement ratio for crude oil and other liquids. At year-end 2015, ExxonMobil's proved reserves totaled 24.8 billion oil-equivalent barrels. Liquids represented 59 percent of proved reserves, up from 54 percent in 2014 [...]
The Board of Directors of Exxon Mobil Corporation (NYSE:XOM) today declared a cash dividend of 73 cents per share on the Common Stock, payable on March 10, 2016 to shareholders of record of Common Stock at the close of business on February 11, 2016. This first quarter dividend is at the same level as the dividend paid in the fourth quarter of 2015. Through its dividends, the corporation has shared its success with its [...]
Exxon Mobil Corporation (NYSE:XOM) will release fourth quarter financial results on Tuesday, February 2, 2016. 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 9:30 a.m. CT. The earnings presentation can be accessed via webcast or by calling (888) 224-1141 [...]
Global energy demand will increase 25 percent between 2014 and 2040, driven by population growth and economic expansion, ExxonMobil said today in the 2016 edition of The Outlook for Energy. At the same time, energy efficiency gains and increased use of renewable energy sources and lower carbon fuels, such as natural gas, are expected to help reduce by half the carbon intensity of the global economy. During the period, the [...]
Exxon Mobil Corporation (NYSE:XOM) announced today that it will donate $100,000 to the American Red Cross to provide disaster relief assistance in response to the recent tornadoes in north Texas. “Our thoughts are with all who have been impacted by the devastating tornadoes, and especially with the families who lost loved ones during the holiday season,” said Rex W. Tillerson, chairman and chief executive [...]
ExxonMobil announced today the successful and safe startup of the onshore central processing facility at the Banyu Urip field in Indonesia, helping increase production to more than 130,000 barrels of oil per day. With the central processing facility now online, production will continue to increase in the coming months. Once full field production is reached, Banyu Urip will represent approximately 20 percent of [...]
Darren W. Woods has been elected president of Exxon Mobil Corporation (NYSE:XOM) and a member of the board of directors, effective Jan. 1, 2016. The election of Woods, who is currently senior vice president of the corporation, was made during a meeting of the ExxonMobil board of directors on Wednesday. With the addition of Woods, the ExxonMobil board is comprised of 13 directors, 11 of whom are non-employee directors. Rex [...]
LONDON, December 10, 2015 /PRNewswire/ -- The discovery of a 'super well' in Argentina's prized Vaca Muerta shale and the presidential victory of a pro-industry candidate raises the stakes in this market-defying venue and positions the only junior on the scene for massive gains. The 'super well'- discovered in October by state-run YPF in partnership with Chevron (NYSE:CVX) in the Vaca Muerta block in Neuquen--offsets [...]
Rex W. Tillerson, chairman and chief executive officer of Exxon Mobil Corporation (NYSE:XOM), today presented Jonathan’s Place with the company’s annual holiday gift of $50,000, advancing the nonprofit agency’s mission of providing housing and specialized services to abused, abandoned and neglected children from newborns through adolescence. ExxonMobil’s donation kicks off the agency’s 25th [...]
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