Newsroom | ExxonMobil
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ExxonMobil announces merger with Pioneer Natural Resources in …
WEBOct 11, 2023 · SPRING and IRVING, Texas – Exxon Mobil Corporation (NYSE: XOM) and Pioneer Natural Resources (NYSE: PXD) 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.
Exxon Sees $1.6 Billion Earnings Hit From Oil, Refining Margins
WEB2 days ago · (Bloomberg) -- Exxon Mobil Corp. said lower oil prices and refining margins reduced third-quarter earnings by $1.6 billion compared with the previous period.
Exxon Mobil doubles down on fossil fuels with $59.5 billion deal …
WEBOct 11, 2023 · Exxon Mobil is buying Pioneer Natural Resources in an all-stock deal valued at $59.5 billion, its largest buyout since acquiring Mobil two decades ago, creating a colossal fracking operator in West Texas.
News releases | ExxonMobil
WEBADNOC to acquire a 35% equity stake in Baytown, Texas, project that will produce virtually carbon-free hydrogen. The strategic investment will support both companies’ net zero ambitions, accelerate decarbonization of hard-to-abate sectors, and meet rising demand for low-carbon hydrogen and ammonia.
Exxon Mobil expects 3rd-quarter earnings were hit by lower oil …
WEB2 days ago · (Reuters) -A slump in oil prices probably reduced Exxon Mobil's third-quarter upstream earnings by $600 million to $1 billion, the oil major signaled in a regulatory filing published on...
Exxon Mobil Corporation (XOM) Latest Stock News & Headlines …
WEBGet the latest Exxon Mobil Corporation (XOM) stock news and headlines to help you in your trading and investing decisions.
Press releases :: Exxon Mobil Corporation (XOM)
WEBMay 3, 2024 · Khaled bin Mohamed bin Zayed Witnesses Signing Ceremony for ADNOC and ExxonMobil Partnering in World’s Largest Low-Carbon Hydrogen Facility. Aug 22, 2024 7:00 AM CDT.
ExxonMobil Announces 2023 Results - Exxon Mobil Corporation
WEBFeb 2, 2024 · Exxon Mobil Corporation today announced fourth-quarter 2023 earnings of $7.6 billion, or $1.91 per share assuming dilution. Fourth-quarter results included unfavorable identified items of $2.3 billion including a $2.0 billion impairment as a result of regulatory obstacles in California that have prevented production and …
Exxon Mobil Poised for Growth: Buy Rating Affirmed Amidst …
WEB1 day ago · Analyst Jason Gabelman from TD Cowen maintained a Buy rating on Exxon Mobil (XOM – Research Report) and keeping the price target at $130.00.