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Exxon Mobil Facing Calls by Climate Activists for Independent Board Chairman

2020-05-13 20:15:00| OGI

Shareholder activists have this year taken up a call to split the CEO and chairman roles at Exxon Mobil, expecting a better reception for climate-change proposals from an outsider.

Tags: board independent calls mobil

 

Exxon Mobil, Chevron Slam Brakes on Shale as Oil Demand Tumbles

2020-05-01 18:07:12| OGI

Both companies on May 1 outlined deep cuts in output and investments in the Permian shale basin.

Tags: oil demand mobil brakes

 
 

Exxon Mobil Posts Loss, $3 Billion Writedown on Oil Price Plunge

2020-05-01 15:15:28| OGI

Exxon Mobil Corp. on May 1 joined a parade of oil companies posting downbeat results on plunging oil demand and collapsing prices, reporting a $610 million first-quarter loss after a nearly $3 billion inventory writedown.

Tags: price posts loss oil

 

Exxon Mobil to Maintain Dividend Despite Oil Price Plunge

2020-04-29 23:30:00| OGI

Exxon Mobil on April 29 declared a cash dividend of $0.87 cents per sharethe same level as what the company paid its shareholders in first-quarter 2020.

Tags: price oil maintain mobil

 

Analysts Skeptical Exxon Mobil Can Perform as Promised

2020-04-17 11:30:00| OGI

Credit analysts increasingly cite Exxon Mobils cash flow challenges as an area of concern.

Tags: perform mobil promised analysts

 

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