Favorable oil price is a boon for ExxonMobil's (XOM) upstream operations.
A strike by chemical unit workers set to lose their jobs at an ExxonMobil petrochemical complex in northern France will remain suspended through June 4 while talks are held over severance packages, th
Generally speaking, retirement income stocks tend to be boring, predictable affairs for a reason. At this point, you don't want to be rocking the boat.
Nearly two dozen Democratic senators, led by Majority Leader Chuck Schumer, D-N.Y., wrote a letter to the Justice Department urging a probe of alleged collusion between the oil industry and OPEC.

These 3 Companies are Cash-Generating Machines

04:40pm, Thursday, 30'th May 2024
Exxon Mobil, Microsoft, and Visa are all cash-generating machines. Strong cash flows allow the companies to pay down debt and shell out dividend payments.
WASHINGTON (AP) — Senate Majority Leader Chuck Schumer and 22 other Democratic senators are calling on the Department of Justice to “use every tool” at its disposal to prevent and prosecute alle

Schumer Urges Big Oil, Gas Investigation

03:44pm, Thursday, 30'th May 2024
Senate Majority Leader Chuck Schumer and other Democrats are calling the justice department to investigate possible collusion or price fixing at oil and gas companies. Bloomberg's Kailey Leinz has the
Exxon Mobil was replaced by Salesforce as Dow component in August 2020, a shakeup seen a sign of the energy sector's weakness and tech's strength. But the oil major's stock has gained nearly 170% sinc
Divesting non-core assets is a strategic tool for oil and gas companies to enhance financial health. This highlights the need to keep an eye on XOM, BP and OXY.
EIA estimates the GDP growth rate to remain flat year over year in 2024 and decline in 2025, which may dampen energy demand. Hence, keep an eye on XOM, CVX, and COP with strong balance sheet.
ExxonMobil is not renewing a 33-year-old lease on its expansive offices in Lagos's upscale Lekki district which expires on Friday, three sources inside the company told Reuters, as it looks to scale d
ExxonMobil ExxonMobil chairman and CEO Darren Woods and lead independent board member Joseph Hooley sailed to easy re-elections to the Board of Directors Wednesday at the company's annual shareholder
Shell PLC (LSE:SHEL, NYSE:SHEL) and Exxon Mobil Corp (NYSE:XOM, ETR:XONA)are close to finalising a £394 million deal to sell their jointly-owned gas fields in the southern North Sea to British produc
Tom Quaadman, U.S. Chamber of Commerce EVP for capital markets competitiveness, joins 'Squawk Box' to discuss news of CalPERS voting against Exxon Mobil at the company's annual meeting today, why the
Marcie Frost, CEO of California Public Employees Retirement System (CalPERS), cites "an absolute governance failure" when explaining why CalPERS is voting against the entire slate of Exxon Mobil direc
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