Exxon Mobil

The Latest

  • Exxon Mobil's Q1 Earnings Miss Estimates as Refining Margins and Natural Gas Prices Squeeze Profits
    Logos of ExxonMobil
    Exxon Mobil Corp reported first-quarter earnings that fell short of analysts' expectations on Friday, as the oil giant grappled with eroding refining margins and collapsing natural gas prices. The company's stock fell nearly 2% in early trading following the announcement.
  • Exxon Mobil Set To End Five-Quarter Losing Streak
    Exxon
    Exxon Mobil is expected to report a profit for its first quarter this year.
  • Exxon To Cut 14,000 Jobs As Pandemic Hits Oil Demand
    Logos of ExxonMobil
    Exxon Mobil Corp said on Thursday it could cut its global workforce by about 15%, including deep white-collar staff reductions in the United States, as the COVID-19 pandemic batters energy demand and prices.
  • Exxon To Bow Out Of Dow As It Shifts Away From Energy
    Exxon
    Exxon's departure from the Dow underscores the decreasing influence of energy stocks on the larger U.S. capital markets.
  • Exxon Borrows Fresh $9.5 Billion To Boost Finances Amid Global Market Turmoil
    EXXON
    Exxon, unfazed by plunging oil prices, adds to the hustle and bustle of companies boosting their cash positions amid a global crisis
  • Exxon To Cut 30 Percent Off Spending Amid Global Oil Price Crisis
    Exxon Mobil
    After holding off on imposing spending cuts, Exxon has finally given in and announced that it will cut spending by $10 billion this year.
  • Exxon Mobil Shares Plunge To 10-Year Lows After Downgrade
    EXXON
    Exxon's shares were on track for their 13th consecutive collapse in the past 14 sessions.
  • Chevron Evacuates Workers From Iraq Following US Airstrike
    Chevron
    Chevron has announced that it has evacuated all of its American workers from its facilities in the Kurdistan Region in northern Iraq as a precautionary measure.
  • Exxon To Sell $25 Billion In Assets For Upcoming Mega Projects
    EXXON
    The sale of oil and gas assets could be the biggest that Exxon has undertaken in a decade
  • Exxon Reports 49 Percent Decrease In Profits For Q3 Amid Low Prices
    Exxon Mobil
    Exxon stated that its strong oil production growth for the quarter was greatly offset by lower oil prices.
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