Exxon Mobil Corporation - XOM STOCK NEWS

Welcome to our dedicated page for Exxon Mobil Corporation news (Ticker: XOM), a resource for investors and traders seeking the latest updates and insights on Exxon Mobil Corporation stock.

Exxon Mobil Corporation, trading under the symbol XOM, is an American multinational oil and gas giant, and the largest direct descendant of John D. Rockefeller's Standard Oil. As an integrated oil and gas company, ExxonMobil is involved in the exploration, production, and refining of oil worldwide.

In 2023, ExxonMobil reported daily production of 2.4 million barrels of liquids and 7.7 billion cubic feet of natural gas. By the end of the same year, the company's reserves stood at 16.9 billion barrels of oil equivalent, with 66% comprising liquids. The company also boasts a global refining capacity of 4.5 million barrels of oil per day, making it one of the largest refiners and a leading manufacturer of commodity and specialty chemicals.

ExxonMobil continuously engages in numerous projects and partnerships aimed at maintaining and enhancing its operations. The company's financial health remains robust, supported by its extensive reserve base and large-scale operations across various segments of the oil and gas industry.

For more detailed and up-to-date information on ExxonMobil's latest news and developments, visit the StockTitan website.

10/27/2023 07:56 AM

News

Imperial declares fourth quarter 2023 dividend

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Imperial Oil Limited declares a quarterly dividend of 50 cents per share, payable on January 1, 2024. The company has a long history of growth and financial stability, paying dividends for over a century and increasing its annual dividend payment for 29 consecutive years.

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10/27/2023 07:55 AM

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Imperial announces third quarter 2023 financial and operating results

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Imperial reported strong financial results in the third quarter, with a net income of $1,601 million and cash flow from operating activities of $2,359 million. Upstream production averaged 423,000 gross oil-equivalent barrels per day, with record production at Kearl. Downstream operations performed well with refinery capacity utilization of 96%. The company returned over $3.4 billion to shareholders and plans to initiate a substantial issuer bid to return up to $1.5 billion in the fourth quarter. Imperial also released its Advancing Climate Solutions report, highlighting its commitment to reducing greenhouse gas emissions.

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10/27/2023 06:30 AM

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ExxonMobil Announces Third-Quarter 2023 Results

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Exxon Mobil Corporation reported strong third-quarter earnings of $9.1 billion, or $2.25 per share. They generated $16.0 billion of operating cash flow and increased cash balance by $3.4 billion. The company delivered the best-ever third-quarter global refinery throughput at 4.2 million barrels per day. They returned $8.1 billion to shareholders in the quarter and increased the fourth-quarter dividend to $0.95 per share. Exxon Mobil also announced a merger with Pioneer Natural Resources.

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10/26/2023 12:28 PM

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Mobil 1™ and Steer Join Forces to Transform Automotive Service and Repair Experience

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Mobil 1 partners with Steer to improve auto repair experience for shop owners and customers nationwide

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10/16/2023 07:00 PM

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Imperial to hold 2023 Third Quarter Earnings Call

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Imperial Oil to host Q3 earnings call on October 27

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10/16/2023 03:30 PM

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ExxonMobil to Release Third Quarter 2023 Financial Results

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ExxonMobil to release Q3 2023 financial results on October 27th

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10/11/2023 06:30 AM

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ExxonMobil Announces Merger with Pioneer Natural Resources in an All-Stock Transaction

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ExxonMobil to acquire Pioneer in a $59.5 billion all-stock transaction, doubling its Permian footprint and creating a leading undeveloped US unconventional inventory position.

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09/06/2023 09:00 AM

News

LiTHOS TECHNOLOGY LLC SIGNS TERM SHEET WITH SAND SPIRIT LLC TO SCOPE AND CONSTRUCT ';CRIMSON TIDE' LITHIUM HYDROXIDE PILOT PRODUCTION FACILITY IN ALABAMA

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LiTHOS Energy Ltd. has signed a term sheet with Sand Spirit LLC to develop a lithium hydroxide monohydrate production facility in Alabama. The facility will be strategically located near major automobile manufacturers and the Smackover brine reservoir. LiTHOS aims to enhance its capacity for customer pre-treatment and direct lithium extraction programs. The facility will also leverage LiTHOS's patent-pending pre-treatment process. The term sheet sets out preliminary terms for a potential joint development agreement between LiTHOS and Sand Spirit LLC.

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07/28/2023 07:56 AM

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Imperial declares third quarter 2023 dividend

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Imperial Oil Limited (TSE: IMO, NYSE American: IMO) declares a quarterly dividend of 50 cents per share, payable on October 1, 2023, to shareholders of record at the close of business on September 1, 2023. The company has a long history of growth and financial stability in Canada's petroleum industry, paying dividends for over a century and increasing its annual dividend payment for 28 consecutive years.

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07/28/2023 07:55 AM

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Imperial announces second quarter 2023 financial and operating results

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Imperial Oil Limited reports quarterly net income of $675 million and cash flow from operating activities of $885 million. Upstream production averaged 363,000 gross oil-equivalent barrels per day. Refinery throughput was 388,000 barrels per day with a capacity utilization of 90%. The company renewed its annual normal course issuer bid to repurchase up to 5% of outstanding common shares. Third quarter dividend declared at 50 cents per share.

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FAQ

What is the current stock price of Exxon Mobil Corporation (XOM)?

The current stock price of Exxon Mobil Corporation (XOM) is $121.79 as of November 22, 2024.

What is the market cap of Exxon Mobil Corporation (XOM)?

The market cap of Exxon Mobil Corporation (XOM) is approximately 538.4B.

What does ExxonMobil do?

ExxonMobil is an integrated oil and gas company involved in the exploration, production, and refining of oil globally.

How much oil and gas did ExxonMobil produce in 2023?

In 2023, ExxonMobil produced 2.4 million barrels of liquids and 7.7 billion cubic feet of natural gas per day.

What were ExxonMobil's reserves at the end of 2023?

At the end of 2023, ExxonMobil's reserves were 16.9 billion barrels of oil equivalent, with 66% being liquids.

How large is ExxonMobil's refining capacity?

ExxonMobil has a global refining capacity of 4.5 million barrels of oil per day.

Is ExxonMobil involved in chemical manufacturing?

Yes, ExxonMobil is one of the world's largest manufacturers of commodity and specialty chemicals.

What is ExxonMobil's stock symbol?

ExxonMobil trades under the symbol XOM.

Who founded ExxonMobil?

ExxonMobil is the largest direct descendant of John D. Rockefeller's Standard Oil.

How can I stay updated about ExxonMobil's latest news?

You can stay updated on ExxonMobil's latest news by visiting the StockTitan website.

What makes ExxonMobil significant in the oil and gas industry?

ExxonMobil's extensive production, large reserve base, and significant refining capacity make it a major player in the oil and gas industry.

Does ExxonMobil partner with other companies?

Yes, ExxonMobil engages in various projects and partnerships to enhance its operations.

Exxon Mobil Corporation

NYSE:XOM

XOM Rankings

#17 Ranked by Market Cap

#927 Ranked by Dividends

XOM Stock Data

Market Cap 538.39B

Float 4.39B

Insiders Ownership 0.05%

Institutions Ownership 65.69%

Short Percent 1.03%

Industry Oil & Gas Integrated

Sector Petroleum Refining

Website Link

Country United States of America

City SPRING