A man carries buckets while working to clean up an oil spill near a pipeline of state-owned … [+] Petroleos de Venezuela (PDVSA) in Voladero, Monagas state, Venezuela, on November 5, 2021. ̵...
Tag: ExxonMobil
BP’s 2022 Earnings Round Out A Record Year For Oil Majors
BP CEO Bernard Looney speaks during an event in London on February 12, 2020, where he declared the … [+] company’s intentions to achieve “net zero” carbon emissions by 2050. (P...
ExxonMobil Likely to Report Surge in Q4 Earnings
ExxonMobil’s Key Stats Q4 2022 (est) Q4 2021 Q4 2020 Adjusted EPS $3.27 $2.06 $0.03 Revenue $111B $85B $46.5B Gross margin 16.9% 21.5% 9.9% Source: Visible Alpha The results sho...
A Fresh Reading Of Exxon’s Predictions Of Global Warming And Climate Change From 40 Years Ago.
ExxonMobil gas station in February 2022 in Houston, Texas. Getty Images An Exxon study done in 1982 focused on global warming by increasing greenhouse gas (GHG) emissions. Remarkably, thirty-seven yea...
ExxonMobil Sues Europe Over Whether Its New ‘Windfall Profits’ Tax Is Really A Tax
Brussels, BELGIUM: A view of the Berlaymont building, headquarters of the European Union Commission. … [+] AFP PHOTO / DOMINIQUE FAGET (Photo credit should read DOMINIQUE FAGET/AFP via Getty Ima...
Dimon Highlights Need For More Oil And Gas Investment As Vanguard Bails On ESG Group
UNITED STATES – SEPTEMBER 22: Jamie Dimon, CEO of JPMorgan Chase, testifies during the Senate … [+] Banking, Housing, and Urban Affairs Committee hearing titled Annual Oversight of the Nat...
Biden Energy Guru Renews Call For Big Oil To Reinvest Profits—Or Else
President Joe Biden delivers remarks on energy during an event in the Roosevelt Room of the White … [+] House on October 19, 2022. Alex Wong/Getty Images Exxon Mobil’s profitability pales compar...
ExxonMobil Strives To Please Everyone In New Strategic Plan
Indianapolis – Circa October 2021: Exxon Retail Gas station. getty ExxonMobilXOM announced Thursday that it will be raising its investments in pretty much all areas of its business, perhaps most...
Trick Follows Treat For Big Oil As Biden Pushes New Tax On Windfall Profits
Biden voted early with granddaughter Natalie on October 29, in Wilmington, Delaware. AFP via Getty Images Big Oil is accustomed to politicians tagging them as the bogeyman. But a presidential condemna...
The Biden Administration’s Irrational Desire To Limit U.S. Energy Exports
Liquid Natural Gas tanker at port with LNG liquefaction plant in background. getty Another active week in the energy space ended with the Wall Street Journal reporting that the CEO of ExxonMobilXOM , ...
Part 2–Markets And Climate Solution.
Smoke stacks and emissions from hard-to-abate steel mill in Baotou, Inner Mongolia, China. Corbis via Getty Images Below is Part 2 of an interview with Anna Douglas, CEO of SkyNano, which is aimed at ...
Enverus Lowers Oil Price Forecast, Rig Count Drops Amid Record Industry Profits
A new report from energy analytics and intelligence firm Enverus projects oil prices to continue to … [+] decline through the end of 2022. getty In the latest signal of a faltering oil market, e...
ExxonMobil-Led Consortium Bucks Oil Industry Trends In Guyana
The Liza Destiny FPSO operating in deep waters offshore Guyana. ExxonMobil I wrote a few days ago about a new study from Rystad Energy which illustrates the scope and global importance of the developm...
ExxonMobil chief predicts continuing surge in oil markets
ExxonMobil’s chief executive predicted a resurgence of investment in fossil fuel production as he blamed soaring oil and gas prices on pressure to move to cleaner energy at a time of relentless demand...
ExxonMobil Is Holding Gains As Crude Oil Rallies. Here’s How To Trade The Stock.
(Photo by Kena Betancur/VIEWpress) Corbis via Getty Images ExxonMobil (XOM) broke out above its 50-day simple moving average as 2022 began. This happened after the stock was below its 200-day simple m...
As Guyana’s Oil Business Booms, Could A Potential New Deal With Exxon Loom?
Emily Pickrell, UH Energy Scholar Guyana flag, stock market, exchange economy and Trade, oil production, container ship in export and … [+] import business and logistics. getty The tiny South Am...
Chevron, ExxonMobil CEOs Set The Stage For Thursday Meeting With Biden Officials
Mike Wirth, chairman and chief executive officer of Chevron USA Inc., speaks during the 2022 … [+] CERAWeek by S&P Global conference in Houston, Texas, U.S., on Monday, March 7, 2022. CERAWe...
ExxonMobil Does Not Control Oil Or Gasoline Prices
FILE – The logo for ExxonMobil appears above a trading post on the floor of the New York Stock … [+] Exchange, Oct. 8, 2019. ExxonMobil is restructuring its business into three divisions a...
“Exxon Made More Money Than God” — But Far Less Than Apple
US President Joe Biden speak about the economy and inflation from the deck of the USS Iowa at the … [+] Port of Los Angeles on June 10, 2022. – US inflation surged to a new four-decade hig...
Exxon Responds To Biden’s Inflation Blame-Shifting Attack
LOS ANGELES, CALIFORNIA – JUNE 10: U.S. President Joe Biden delivers remarks aboard the Battleship … [+] USS Iowa Museum at the Port of Los Angeles on June 10, 2022 in Los Angeles, Califor...
As oil prices surge, the Dow is missing ExxonMobil
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Thursday, June 9, 2022 Today’s newsletter is...
How Rockefeller’s Standard Oil Trust became Chevron, ExxonMobil, BP and Marathon
While large tech companies are currently feeling the heat from regulators and Congress, over a century ago, the trustbusters had their sights on Big Oil. Around the turn of the twentieth century, Big ...
Musk Lashes Out At ESG As The Brand Starts To Lose Its Luster
BEIJING, CHINA – OCTOBER 23: (CHINA OUT) Elon Musk, Chairman, CEO and Product Architect of Tesla … [+] Motors, addresses a press conference to declare that the Tesla Motors releases v7.0 S...
Is ExxonMobil a better buy compared to Chevron which is already fully priced
Chevron Corporation (NYSE:CVX) and Exxon Mobil Corporation (NYSE:XOM) have been bullish since February. Chevron is trading at $162, while Exxon Mobil is trading at $85.56. Since the energy sector cont...
Fuel Your Portfolio With These Three Petroleum Stocks
. Since the price of gas dropped below $2 per gallon at the beginning of the coronavirus pandemic, prices have been rising quickly as consumer demand returns to normal. The Russia-Ukraine conflict has...
How Oil And Gas Is Being Affected By Climate Change – Response To A Presentation In Mid-America.
A pumpjack siphons oil in the foreground of a wind farm near Sweetwater, Texas. Corbis via Getty Images Independence, Kansas, is a small conservative town in the heart of the USA. The area produced oi...
If Oil Companies Control Prices, Why Do They Ever Lose Money?
Prices for a gallon of gasoline are posted on the sign of an Exxon gas station Monday, March 7, … [+] 2022, in the Capitol Hill neighborhood of Washington. (AP Photo/Alex Brandon) ASSOCIATED PRE...
Jump In Methane Emissions That Fingers Big Oil — But Wait, Not So Fast.
Extracting oil from wells in the Permian Basin near Midland, Texas. Getty Images The methane bugaboo began around 2003 when a mysterious cloud of methane gas was found, by satellite, hovering above Fa...
Here’s How Much Major Energy Companies Are Losing By Exiting Russia
Topline Major oil and gas companies, which scrambled to abandon operations in Russia following the invasion of Ukraine in late February, are now warning that doing so will result in billions of dollar...
Gasoline, Price Gouging, War, The Economy, (And The Midterm Election)
IMAGE DISTRIBUTED FOR FOSSIL FREE MEDIA – Protesters stand outside the Rayburn House Office … [+] Building holding a Big Oil is Profiteering from War sign before the start of a House Energ...