Welcome to our dedicated page for Exxon Mobil news (Ticker: XOM), a resource for investors and traders seeking the latest updates and insights on Exxon Mobil stock.
Exxon Mobil Corporation (NYSE: XOM) generates frequent news and disclosures as one of the largest publicly traded international energy and petrochemical companies. Its updates cover developments across its Upstream, Product Solutions and Low Carbon Solutions businesses, as well as capital markets activity and corporate governance changes. This news page aggregates those announcements so readers can review company‑issued information in one place.
Investors and followers of XOM can find coverage of quarterly earnings releases, where ExxonMobil reports segment‑level earnings, production volumes, refining throughput, product sales, cash flow from operations, and capital expenditures. The company also issues news and related Form 8‑K filings when it provides earnings considerations documents, updates its Corporate Plan through 2030, or schedules upcoming financial results releases and conference calls.
Beyond financial results, ExxonMobil news includes items on its Corporate Plan outlook, structural cost savings, and the role of advantaged assets in the Permian Basin, Guyana, and LNG within its Upstream segment. In Product Solutions, news highlights record refinery throughput, high‑value product sales in Chemical and Specialty Products, and acquisitions that support entry into areas such as battery anode materials. Low Carbon Solutions‑related news covers carbon capture and storage projects, contracts for CO₂ volumes, and CCS‑enabled low‑carbon data center concepts.
Governance and leadership updates are also reported, such as the election of new directors to the board, committee assignments, and changes in senior executive roles disclosed via 8‑K filings. For anyone tracking XOM stock, this page offers a central view of ExxonMobil’s official press releases and regulatory news, helping users follow how the company describes its performance, strategic priorities, and lower‑emissions initiatives over time.
Exxon Mobil Corporation will announce its first quarter 2023 financial results on April 28, 2023, at 5:30 a.m. CT. Following the release, a conference call will be held at 7:30 a.m. CT, featuring remarks from CEO Darren Woods, CFO Kathy Mikells, and VP of Investor Relations Jennifer Driscoll. Investors can access the call via a webcast or by dialing in. The confirmation code to join is 9075155. An archive of the presentation and financial data will be posted at investor.exxonmobil.com.
Imperial Oil Limited (TSE: IMO, NYSE American: IMO) will host its 2023 First Quarter Earnings Call on Friday, April 28, at 9 a.m. MT. During the call, chairman and CEO Brad Corson will provide remarks before addressing questions from analysts. The earnings release will be available that morning, and the event will be accessible via webcast. Should any technical issues arise during the filing of the Form 8-K, investors can find updates on Imperial's website or on Canada's SEDAR system. As an industry leader in energy resource development, Imperial continues to emphasize its commitment to technology and innovation in refining and production.
Imperial Oil Limited (TSE: IMO, NYSE American: IMO) will host its 2023 Investor Day on April 19 at 9 a.m. EST. The event will feature presentations from chairman and CEO Brad Corson and VP of investor relations Dave Hughes, focusing on the company’s operations and business strategy. A question-and-answer session will follow. Interested parties can register for the live webcast through the company’s website, where a recording will be available for one year. Imperial is recognized as Canada’s largest petroleum refiner and a major crude oil producer, committed to high standards and innovation in developing the country’s energy resources.
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Imperial has appointed J.R. (Jon) Wetmore as the new Americas Fuels Value Chain Planning & Business Development Manager for Exxon Mobil Corporation (NYSE:XOM), effective May 1, 2023. Wetmore, previously Vice President of Downstream and Chemicals at Imperial, has a tenure noted for driving record performance across various market conditions and advancing the renewable diesel project at the Strathcona refinery in Edmonton, Alberta. His extensive industry experience spans over 29 years, including roles in the United States and Europe. A successor for Wetmore at Imperial will be announced later.
ExxonMobil has successfully completed the expansion of its Beaumont refinery, marking the largest U.S. refinery expansion since 2012. The $2 billion project boosts production capacity by 250,000 barrels per day, bringing total refinery capacity to over 630,000 barrels per day. This expansion, timed to meet increasing post-pandemic energy demands, was executed on schedule and within budget, employing more than 1,700 contractors. ExxonMobil's integrated operations in Beaumont notably enhance their strategic edge in processing Permian Basin crude oil, ensuring a robust supply of essential fuels.
Exxon Mobil Corporation will host a virtual Low Carbon Solutions spotlight on April 4, 2023, at 9:00 a.m. CT. Key executives, including Darren Woods and Kathy Mikells, will discuss the growth of the Low Carbon Solutions business aimed at creating a lower-emission future. The event will feature a Q&A session and will be accessible via a webcast. Presentation materials and a replay will be available on the ExxonMobil Investor Relations website.
Imperial Oil Limited (TSE: IMO, NYSE American: IMO) has announced a quarterly dividend of 44 cents per share for Q1 2023, payable on April 1, 2023, to shareholders of record on March 3, 2023. This dividend remains unchanged from Q4 2022. With over a century in operation, Imperial has consistently paid dividends and has increased its annual payment for 28 consecutive years. The company is a leading player in Canada's petroleum industry, focusing on responsible energy resource development and maintaining high operational standards.
Imperial reported a robust fourth-quarter 2022 net income of $1,727 million, significantly up from $813 million in Q4 2021, representing a 114% increase. Cash flow from operating activities reached $2,797 million. The company achieved record upstream production of 441,000 gross oil-equivalent barrels per day, bolstered by strong performance at Kearl, Cold Lake, and Syncrude. Imperial returned over $2.1 billion to shareholders this quarter, including a first-quarter dividend of 44 cents per share. A major $720 million renewable diesel project was also approved, furthering Imperial's commitment to achieving net zero emissions by 2050.
Exxon Mobil Corporation (NYSE:XOM) reported a record-breaking $55.7 billion in earnings for 2022, alongside a cash flow from operations of $76.8 billion. The company achieved over 30% year-over-year production growth in Guyana and the Permian region and set its highest annual refining throughput globally since 2012. However, the fourth quarter of 2022 saw earnings drop to $12.8 billion due to additional European taxes and asset impairments. ExxonMobil plans to invest $22.7 billion in capital projects while extending its share-repurchase program up to $35 billion in 2023-2024. The net-debt-to-capital ratio improved to approximately 5%, enhancing financial flexibility.