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Exxon Mobil Corp

Exxon Mobil sues activist investors to stop shareholder proposals

by Milton Acorn
Exxon Mobil sues activist investors to stop shareholder proposals

ExxonMobil CEO Darren Woods speaks at the Asia-Pacific Economic Cooperation (APEC) Leaders’ Week in San Francisco, California, on November 15, 2023. Andrew Caballero-reynolds | Afp | Getty Images Exxon Mobil …

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Categories Science

Jim Cramer sees two paths ahead for Coterra Energy

by Adrian Jhonsan
Jim Cramer sees two paths ahead for Coterra Energy

Another Wall Street analyst has thrown their support behind Coterra Energy , adding to Jim Cramer’s belief that the oil and gas producer is a stock to watch in the …

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Categories World

Friday’s S&P 500, Nasdaq-100 rebalance may reflect concerns over concentration risk

by Adrian Jhonsan
Friday’s S&P 500, Nasdaq-100 rebalance may reflect concerns over concentration risk

It’s arguably the biggest stock story of 2023: a small number of giant technology companies now make up a very large part of big indexes like the S&P 500 and the …

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Categories World

November’s CPI’s both good and bad

by Milton Acorn
November’s CPI’s both good and bad

An Exxon Mobil gas station in Las Vegas on July 25, 2023. Bridgett Bennett | Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our new, international …

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Categories Science

The good and the bad of the U.S. CPI

by Milton Acorn
The good and the bad of the U.S. CPI

Gas prices are seen at a Chevron gas station in Los Angeles on September 28, 2023.  Robyn Beck | AFP | Getty Images This report is from today’s CNBC Daily …

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Categories Science

Occidental Petroleum to buy Permian producer CrownRock for $12 billion, raise dividend

by Milton Acorn
Occidental Petroleum to buy Permian producer CrownRock for  billion, raise dividend

Occidental Petroleum Jay L. Clendenin | Los Angeles Times | Getty Images Occidental Petroleum has agreed to buy CrownRock, a major privately held energy producer that operates in the Permian …

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Categories Science

‘Excess profits’ of big firms have driven up inflation, report claims

by Adrian Jhonsan
‘Excess profits’ of big firms have driven up inflation, report claims

LONDON — Major companies in the energy and food sectors amplified inflation in 2022 by passing on greater cost increases than needed to protect margins, according to a new report. …

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Categories World

Australia oil and gas producers Woodside and Santos in merger talks

by Milton Acorn
Australia oil and gas producers Woodside and Santos in merger talks

Bloomberg/Contributor | Bloomberg | Getty Images Shares of Australia’s Santos jumped to a five-week high on Friday on news the company is in talks to merge with Woodside Energy. Santos …

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Categories Science

Exxon CEO dismisses worries FTC could hold up Pioneer deal

by Adrian Jhonsan
Exxon CEO dismisses worries FTC could hold up Pioneer deal

Darren Wood, CEO of Exxon Mobil, speaking on CNBC’s Squawk on the Street on Dec. 7th, 2023.  CNBC Exxon Mobil CEO Darren Woods on Thursday dismissed worries that the Federal …

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Categories World

Exxon sees big earnings boost from cost cuts, will increase share buybacks after Pioneer deal closes

by Milton Acorn
Exxon sees big earnings boost from cost cuts, will increase share buybacks after Pioneer deal closes

Darren Woods, chairman and chief executive officer of Exxon Mobil Corp., Brendan McDermid | Reuters Exxon Mobil said Wednesday its expects earnings to more than double through 2027 relative to …

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Categories Science
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