STOCK TITAN

Exxon Mobil Corp. - XOM STOCK NEWS

Welcome to our dedicated news page for Exxon Mobil (Ticker: XOM), a resource for investors and traders seeking the latest updates and insights on Exxon Mobil.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Exxon Mobil's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Exxon Mobil's position in the market.

Rhea-AI Summary
Exxon Mobil (XOM) is set to release its Q1 2024 financial results on April 26, 2024. The results will be published early in the morning at 5:30 a.m. CT and can be accessed at investor.exxonmobil.com. Following the release, a live conference call will be hosted by CEO Darren Woods and CFO Kathy Mikells at 7:30 a.m. CT. The call will be available via webcast or phone, with details provided for both toll-free and local numbers, including a required passcode. Additionally, an archived replay and supplemental financial data will be accessible post-call on the company's investor website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
-
Rhea-AI Summary
ExxonMobil finalizes investment decision for Whiptail project in Guyana, adding 250,000 barrels of oil per day capacity by 2027. $12.7 billion investment to boost Guyana's economy. Company emphasizes sustainable development and collaboration with local communities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Summary
Double E Pipeline, initiates a non-binding open season to seek interest for firm transportation service on its system. The Open Season starts on April 1, 2024, and ends on April 29, 2024. Bidders can propose transportation paths using existing or new points.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.11%
Tags
none
Rhea-AI Summary
Exxon Mobil Corporation's senior vice president, Neil Chapman, will conduct a fireside chat at Morgan Stanley's Energy & Power Conference on March 6, 2024, in New York. The event will be live webcasted and an archived audio portion will be available on ExxonMobil's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.23%
Tags
conferences
-
Rhea-AI Summary
Exxon Mobil Corporation (XOM) has received exemptive relief from disclosure requirements in Alberta and Ontario, allowing it to provide oil and gas activity disclosure under U.S. Rules instead of NI 51-101.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Summary
Pioneer Natural Resources Company (PXD) has received shareholder approval for the pending merger with Exxon Mobil Corporation (XOM). The companies continue to work with the Federal Trade Commission for the merger review, with an expected completion in the second quarter of 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.76%
Tags
none
Rhea-AI Summary
Imperial Oil Limited (IMO) has declared a quarterly dividend of 60 cents per share, payable on April 1, 2024, to shareholders of record at the close of business on March 4, 2024. The company has a long history of growth and financial stability, paying dividends for over a century and increasing its annual dividend payment for 29 consecutive years. Imperial is a leader in applying technology and innovation to responsibly develop Canada’s energy resources, serving as Canada’s largest petroleum refiner, a major producer of crude oil, a key petrochemical producer, and a leading fuels marketer.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.28%
Tags
dividends earnings
-
Rhea-AI Summary
Imperial (TSE: IMO) (NYSE American: IMO) reported a quarterly net income of $1,365 million with cash flow from operating activities of $1,311 million. The company returned over $2.7 billion to shareholders, including a 20% increase in the quarterly dividend. Upstream production reached 452,000 gross oil-equivalent barrels per day, while downstream operating performance was strong with refinery capacity utilization of 94%. The company also released its annual corporate Sustainability report, outlining its sustainability focus areas and progress.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.28%
Tags
-
News
Rhea-AI Summary
Exxon Mobil Corporation (NYSE:XOM) announced industry-leading 2023 earnings of $36.0 billion, $55.4 billion cash flow from operating activities, and $32.4 billion distributed to shareholders. The company achieved record annual refinery throughput, strengthened its portfolio with $4.1 billion of non-core asset divestments, and launched a new MobilTM Lithium business with the potential to supply up to one million EVs per year by 2030. Fourth-quarter earnings were $7.6 billion, or $1.91 per share assuming dilution. For the full year 2023, the company reported earnings of $36.0 billion, or $8.89 per share assuming dilution. The company plans to deliver cumulative savings totaling $15 billion through the end of 2027. ExxonMobil made progress on the plan to achieve net zero GHG emissions by 2030 and announced its new MobilTM Lithium business with plans to become a leading producer and grow U.S.-based supplies of lithium for the global battery and EV markets.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.41%
Tags
none
Rhea-AI Summary
Mobil 1 and TRD USA have announced an expansion of their motorsports partnership, with Mobil 1 becoming the primary sponsor for Toyota's NASCAR Cup Series teams and other racing series. The partnership aims to develop technology advantages, provide exclusive access to driver stories, grow the fan base, and develop the next generation of racers. Mobil 1 will sponsor several races for top drivers, including Christopher Bell, Tyler Reddick, Bubba Wallace, and John Hunter Nemechek. The partnership also extends to the TD2 program, ARCA, Late Model racing, World of Outlaws, NHRA, and IMSA WeatherTech SportsCar Championship.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.67%
Tags
none
Exxon Mobil Corp.

NYSE:XOM

XOM Rankings

XOM Stock Data

482.08B
3.96B
0.06%
62.84%
2.64%
Petroleum Refineries
Manufacturing
Link
US
Irving

About XOM

ExxonMobil Corporation is an American multinational oil and gas corporation and the largest direct descendant of John D. Rockefellers Standard Oil.