Exxon Mobil News
29.05 / 20:13
COST
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ConocoPhillips
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ConocoPhillips buying Marathon Oil for $17.1 billion in all-stock deal
ConocoPhillips is buying Marathon Oil in an all-stock deal valued at approximately $17.1 billion as energy prices soar and big oil companies reap massive profits
31.01 / 17:55
03.05 / 02:01
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Exxon Mobil deal with Pioneer gets FTC nod, but former Pioneer CEO Scott Sheffield barred from board
Exxon Mobil’s $60 billion deal to buy Pioneer Natural Resources has received clearance from the Federal Trade Commission, but the former CEO of Pioneer was barred from joining the new company’s board of directors
13.04 / 05:13
markets
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economy
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Wall St Week Ahead-Surging US energy shares reflect robust growth, inflation worries
shares are soaring as investors benefit from rising oil prices and a stronger-than-expected economy, while seeking to protect their portfolios from a feared resurgence of inflation. The S&P 500 energy sector is up about 17% in 2024, roughly doubling the broader index's year-to-date return. Its gains have accelerated in recent weeks, making it the S&P 500's best performing sector in the past month.
20.03 / 15:03
22.02 / 21:07
COST
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reports
Pioneer Natural reports strong FY production as Exxon takeover looms
(Reuters) — Pioneer Natural Resources (NYSE:PXD) on Thursday reported 2023 production that exceeded its prior forecast, as the U.S. shale producer works to close its about $60 billion purchase by oil major Exxon Mobil (NYSE:XOM) later this year.
16.02 / 08:57
02.11 / 21:32
Provident
Mobile
reports
Pioneer Natural Resources beats earnings estimates in deal epilogue
By Arathy Somasekhar
25.10 / 19:23
24.10 / 13:13
CEO
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Chevron
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Hess
country
information
Chevron buys Hess for $53 billion, 2nd megadeal in the oil patch this month as energy prices soar
Chevron is buying Hess Corp. for $53 billion and it’s not even the biggest acquisition in the energy sector this month as major producers seize the initiative while oil prices surge
23.10 / 11:13
11.10 / 12:51
11.10 / 12:15
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UBS
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Exxon Mobil, Morgan Stanley, Polestar fall premarket; Walgreens, Plug Power rise
Investing.com — U.S. futures edged higher Wednesday, ahead of the release of the minutes of the last Federal Reserve meeting as well as September producer prices data.
04.10 / 21:49
28.07 / 15:31
UPS
Target
Mobile
Chevron
Boeing
Exxon, Chevron Remain Payout Gushers
One reminder from the latest results from Exxon Mobil and Chevron is that the oil and gas business is highly cyclical. Another important takeaway: Their cash payouts aren’t. Exxon Mobil said Friday that net income was $7.9 billion in the second quarter, a 56% decline from a year earlier when both oil and natural-gas prices surged following Russia’s invasion of Ukraine.
25.03 / 01:07
business
Oil and Gas
Bitcoin
Power
Exxon Mobil is using excess natural gas to power crypto mining: Report
United States-based energy producer Exxon Mobil has reportedly been running a pilot program aimed at using the energy from excess gas to power crypto mining rigs — and it may be expanding its operations to four other countries.
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