ExxonMobil explicitly denied that there was a phone call from President Trump and his CEO where Mr. Trump called for campaign donations in exchange for favorable policies. The statement came after Mr Trump said “I will use a company” and then suggested that he could run as “Exxon’s head” and …
Read More »Exclusive: Exxon shapes global empire as Wall Street worries about dividends
HOUSTON (Reuters) – ExxonMobil Corp is facing losses of about સુધીમાં 48 billion by 2021 amid a bad-time stakes on rising demand, according to Reuters’ Tally and Wall Street estimates that the situation in the U.S. The top oil company will have to make deep cuts. To its staff and …
Read More »Exxon Mobil unveiled an 8K Thursday. What was not in the presentation could be worrying.
Text size Scott Olson / Getty Images Exxon Mobil provided an update on its second-quarter outlook on Thursday, and could mean a second-quarter earnings release for the oil giant, according to Cowen & Company. In its latest 8K presentation, Exxon (ticker: XOM) detailed the continuing headwinds against the Covid-19 pandemic …
Read More »Apparently it’s Sue’s big oil week with Washington, DC.
Photo: Bruce Bennett (Getty) It is the week of the Big Oil lawsuit. A day after Minnesota filed a innovative outfit, Washington, DC District Attorney General Karl Racine defendant ExxonMobil, Chevron, BP and Shell, alleging that the companies “systematically and intentionally misled consumers … about the central role their products …
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