ExxonMobil Corporation will release its third quarter 2023 financial results on Friday, October 27, 2023. The company will issue a press release via Business Wire that will be available at 5:30 a.m. CT at www.exxonmobil.com. Chairman and Chief Executive Officer Darren Woods, Senior Vice President and Chief Financial Officer Kathy Mikells, and Vice President of Investor Relations Jennifer Driscoll will review the results [...]
Exxon Mobil Corp. and Pioneer Natural Resources jointly announced a definitive agreement for ExxonMobil to acquire Pioneer. The merger is an all-stock transaction valued at $59.5 billion, or $253 per share, based on ExxonMobil's closing price on October 5, 2023. Under the terms of the agreement, Pioneer shareholders will receive 2.3234 shares of ExxonMobil for each Pioneer share at closing. The implied total enterprise [...]
Exxon Mobil Corp. will release its second quarter 2023 financial results on Friday, July 28, 2023. The company will issue a press release via Business Wire, and it will be available at 5:30 a.m. CT at www.exxonmobil.com. Chairman and Chief Executive Officer Darren Woods, Senior Vice President and Chief Financial Officer Kathy Mikells, and Vice President of Investor Relations Jennifer Driscoll will review the results [...]
Exxon Mobil Corp. today announced it has entered into a definitive agreement to acquire Denbury Inc. , an experienced developer of carbon capture, utilization and storage solutions and enhanced oil recovery. The acquisition is an all-stock transaction valued at $4.9 billion, or $89.45 per share based on ExxonMobil's closing price on July 12, 2023. Under the terms of the agreement, Denbury shareholders will receive 0.84 [...]
Chord Energy Corp. today announced that a wholly owned subsidiary of Chord has entered into a definitive agreement to acquire assets in the Williston Basin from XTO Energy Inc. and affiliates , subsidiaries of Exxon Mobil Corporation, for total cash consideration of $375MM, subject to customary purchase price adjustments. The consideration is expected to be funded with cash on hand, which was $592MM as of March 31, 2023 [...]
Ahead of the 100th running of the 24 Hours of Le Mans, Mobil 1 joined together with Hagerty Media to celebrate this iconic milestone in racing with a first of its kind documentary: Racing with Giants: Porsche at Le Mans. The legendary motorsport and automotive brands collaborated with two-time Primetime Emmy Award and Peabody Award winner Robert Dalrymple and his production company to produce a film that will connect the [...]
ExxonMobil made a final investment decision for the Uaru development offshore Guyana after receiving required government and regulatory approvals. The company expects Uaru, the fifth project on Guyana's offshore Stabroek block, to add approximately 250,000 barrels of daily capacity after a targeted startup in 2026. "Our fifth, multi-billion-dollar investment in Guyana exemplifies ExxonMobil's long-term commitment to the [...]
In 2022, industry leaders ExxonMobil, Cyclyx International, Sealed Air, and Ahold Delhaize USA announced their intention to be the first in the United States to successfully launch a circular food packaging proof of concept leveraging advanced recycling. During a successful demo, plastic waste was collected from grocery stores, diverting it from landfills. Leveraging ExxonMobil's Exxtend™ technology for advanced [...]
Exxon Mobil Corp. will release first quarter 2023 financial results on Friday, April 28, 2023. A press release will be issued via Business Wire and available at 5:30 a.m. CT at www.exxonmobil.com. Darren Woods, Chairman and Chief Executive Officer; Kathy Mikells, Senior Vice President and Chief Financial Officer; and Jennifer Driscoll, Vice President of Investor Relations, will review the results during a live conference [...]
ExxonMobil today announced the successful startup of its Beaumont refinery expansion project, which adds 250,000 barrels per day of capacity to one of the largest refining and petrochemical complexes along the U.S. Gulf Coast. Supported by the company's growing crude production in the Permian Basin, the largest refinery expansion in more than a decade will help meet growing demand for affordable, reliable energy. This [...]
+89,29 %
-77,42 %
