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Exxon Mobil Corp

Avoid concentration risk with this value play, ETF expert suggests

by Adrian Jhonsan
Avoid concentration risk with this value play, ETF expert suggests

Investors worried about concentration risk in the market may want to consider value-oriented investments. Avantis Investors chief investment strategist Phil McInnis suggests taking a more diversified approach than simply looking …

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Categories World

Trump CEO meeting to include Dimon, Fraser, Moynihan

by James Odonell
Trump CEO meeting to include Dimon, Fraser, Moynihan

US President Donald Trump gestures as CEO of Bank of America Brian Moynihan (L) speaks during a meeting with banking leaders to discuss how the financial services industry can meet …

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Categories Politics

IRS employee charged in Exxon Mobil tax credit theft bid

by Milton Acorn
IRS employee charged in Exxon Mobil tax credit theft bid

Chip Somodevilla | Getty Images News | Getty Images A former IRS employee was charged in Utah federal court for allegedly trying to steal $2.1 million in tax credits owed …

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Categories Science

Saudi Arabia to raise over $11.2 billion from Aramco stock sale, priced at lower end of range

by Adrian Jhonsan
Saudi Arabia to raise over .2 billion from Aramco stock sale, priced at lower end of range

The Aramco logo is displayed on a smartphone screen. Sopa Images | Lightrocket | Getty Images Saudi Arabia is set to raise more than $11.2 billion from its secondary public …

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Categories World

What slumping oil prices mean for our stake in Coterra Energy

by Adrian Jhonsan
What slumping oil prices mean for our stake in Coterra Energy

U.S. crude prices fell for the fifth straight day Tuesday, but we remain committed to our lone oil-and-gas stock in Coterra Energy . West Texas Intermediate has been moving lower …

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Categories World

Exxon trouncing Salesforce since software stock replaced oil giant in the Dow four years ago

by Milton Acorn
Exxon trouncing Salesforce since software stock replaced oil giant in the Dow four years ago

An Exxon gas station sign is seen in the Brooklyn borough of New York City, on Oct. 6, 2023. Michael M. Santiago | Getty Images Four years ago, Exxon Mobil’s …

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Categories Science

ConocoPhillips to buy Marathon Oil in $17.1 billion all-stock deal that bolsters shale assets

by Milton Acorn
ConocoPhillips to buy Marathon Oil in .1 billion all-stock deal that bolsters shale assets

ConocoPhillips Chairman & CEO Ryan Lance speaks during the CERAWeek oil summit in Houston, Texas, on March 19, 2024.  Mark Felix | AFP | Getty Images ConocoPhillips agreed on Wednesday …

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Categories Science

Hess shareholders to vote on Chevron deal amid Guyana dispute with Exxon

by Milton Acorn
Hess shareholders to vote on Chevron deal amid Guyana dispute with Exxon

Jaap Arriens | Nurphoto | Getty Images Hess shareholders will vote Tuesday on the New York-headquartered oil company’s pending acquisition by Chevron for $53 billion, as the timeline for when …

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Categories Science

Judge rules Exxon can sue activist shareholder over climate proposal

by Milton Acorn
Judge rules Exxon can sue activist shareholder over climate proposal

A federal judge in Texas on Wednesday said Exxon Mobil can sue to bar a climate change proposal from an activist investor, in a case that has raised concerns about …

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Categories Science

ExxonMobil shareholder lawsuit costs board CalPERS support

by Milton Acorn
ExxonMobil shareholder lawsuit costs board CalPERS support

ExxonMobil CEO Darren Woods speaks during the APEC CEO Summit at Moscone West on November 15, 2023 in San Francisco, California.  Justin Sullivan | Getty Images ExxonMobil‘s months-long battle with …

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Categories Science
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