In December, ExxonMobil updated its corporate plan, including new cost savings targets, earnings and cash-flow expectations, ...
ExxonMobil is still growing its output of oil and gas, hence the announcement fits perfectly. The firm underlined in December ...
ExxonMobil ( XOM -0.76%) is the oil industry's leader by almost every important metric, including profitability. The oil ...
Big Oil companies are preparing for lower profits from LNG trade due to stabilizing prices after a period of high volatility.
An oil boom is reshaping Guyana’s future. Ben Jacob traces the country’s long history of colonial exploitation from Britain’s ...
The oil major faces “significant headwinds” at its refining division, wrote an RBC Capital Markets analyst. Exxon Mobil’s shares fell after the company warned its fourth-quarter earnings ...
Exxon Mobil anticipates its fourth-quarter earnings to be approximately $1.75 billion lower than the previous quarter. This ...
BofA analyst Jean Ann Salisbury lowered the firm’s price target on Exxon Mobil (XOM) to $122 from $124 and keeps a Neutral rating on the ...
BP said a drop in refining margins and the impact of turnaround and maintenance activity would result in an up to $300-MM drop in profit quarter-on-quarter. The group could see a further $200-MM to ...
Under the order for Exxon’s $60 billion merger, the company is prohibited from nominating, designating or appointing former Pioneer Chief Executive Officer Scott Sheffield to its board of directors.
FEATURE Exxon Mobil profits will likely miss fourth-quarter-earnings estimates by close to 20%, one analyst argued as he trimmed his numbers. While Exxon Mobil expects changes in gas prices to improve ...
Canadian oil refiner Imperial Oil said on Friday senior executive Sherri Evers will join major shareholder Exxon Mobil , ...