NYSE:XOM

ExxonMobil Completes Acquisition of Pioneer Natural Resources

Retrieved on: 
Friday, May 3, 2024
Other Energy, Environment, Oil, Gas, Sustainability, Green Technology, Energy, Environmental Health, Permian, Acquisition, PXD, ExxonMobil, Methane, Pioneer Natural Resources, Pioneer, Water, XOM

Exxon Mobil Corporation (NYSE: XOM) today announced it has closed its acquisition of Pioneer Natural Resources Company (NYSE: PXD).

Key Points: 
  • Exxon Mobil Corporation (NYSE: XOM) today announced it has closed its acquisition of Pioneer Natural Resources Company (NYSE: PXD).
  • The merger of ExxonMobil and Pioneer creates an Unconventional business with the largest, high-return development potential in the Permian Basin.
  • With the merger closed, ExxonMobil will leverage its Permian greenhouse gas reduction plans to accelerate Pioneer’s Scope 1 and 2 net-zero emissions goal by 15 years.
  • ExxonMobil will also apply its industry-leading technologies for monitoring, measuring and addressing fugitive methane to reduce the combined companies’ methane emissions.

ExxonMobil Makes Application to Cease to be a Reporting Issuer in Canada

Retrieved on: 
Monday, April 15, 2024
Energy, Other Energy, Oil, Gas, ExxonMobil, ASC, Bank statement, OSC, Ontario Securities Commission, XOM, Alberta Securities Commission, Payment card

Exxon Mobil Corporation (NYSE: XOM) announced today that it has applied to the Alberta Securities Commission (ASC), as principal regulator, and the Ontario Securities Commission (OSC) for a joint order (the Order Sought) to cease to be a reporting issuer in each of the provinces of Canada.

Key Points: 
  • Exxon Mobil Corporation (NYSE: XOM) announced today that it has applied to the Alberta Securities Commission (ASC), as principal regulator, and the Ontario Securities Commission (OSC) for a joint order (the Order Sought) to cease to be a reporting issuer in each of the provinces of Canada.
  • ExxonMobil is not a reporting issuer in any other Canadian jurisdiction.
  • If the Order Sought is granted by the ASC and the OSC, ExxonMobil will cease to be a reporting issuer in any jurisdiction in Canada.
  • Notwithstanding a decision that ExxonMobil is not a reporting issuer in Canada, ExxonMobil will continue to file all financial statements and other continuous disclosure materials required to be filed by it in accordance with the applicable securities laws of the United States and the rules of the New York Stock Exchange (NYSE).

ExxonMobil to Release First Quarter 2024 Financial Results

Retrieved on: 
Friday, April 12, 2024
Energy, Other Energy, Oil, Gas, ExxonMobil, Business Wire, Senior, Local, Webcast, XOM

Exxon Mobil Corporation (NYSE: XOM) will release its first quarter 2024 financial results on Friday, April 26, 2024.

Key Points: 
  • Exxon Mobil Corporation (NYSE: XOM) will release its first quarter 2024 financial results on Friday, April 26, 2024.
  • The company will issue a press release via Business Wire that will be available at 5:30 a.m. CT at investor.exxonmobil.com .
  • Chairman and Chief Executive Officer Darren Woods and Senior Vice President and Chief Financial Officer Kathy Mikells will review the results during a live conference call at 7:30 a.m. CT.
  • An archive replay of the call and a copy of the presentation with accompanying supplemental financial data will be available at investor.exxonmobil.com .

ExxonMobil Guyana moves forward with sixth offshore development

Retrieved on: 
Friday, April 12, 2024
Oil, Gas, Energy, Maritime, Transport, Other Energy, Destiny, Prosperity, FPSO, ExxonMobil, Jaguar, Mallon, Uaru, Whiptail, Yellowtail, Economic development, Workforce, Government

ExxonMobil has made a final investment decision for the Whiptail development offshore Guyana, after receiving the required government and regulatory approvals.

Key Points: 
  • ExxonMobil has made a final investment decision for the Whiptail development offshore Guyana, after receiving the required government and regulatory approvals.
  • “Our sixth multi-billion-dollar project in Guyana will bring the country’s production capacity to approximately 1.3 million barrels per day,” said Liam Mallon, president of ExxonMobil Upstream Company.
  • Production from the six Stabroek block developments will generate tens of billions of dollars of revenue and significant economic development for Guyana.
  • ExxonMobil affiliate ExxonMobil Guyana Limited is operator and holds 45% interest in the Stabroek block.

ExxonMobil to Speak at Morgan Stanley’s Energy & Power Conference

Retrieved on: 
Tuesday, March 5, 2024
Other Energy, Utilities, Oil, Gas, Coal, Alternative Energy, Energy, Nuclear, ExxonMobil, Conference, Webcast

Exxon Mobil Corporation (NYSE: XOM) today announced Neil Chapman, senior vice president, will conduct a fireside chat at Morgan Stanley’s Energy & Power Conference at 12:00 p.m.

Key Points: 
  • Exxon Mobil Corporation (NYSE: XOM) today announced Neil Chapman, senior vice president, will conduct a fireside chat at Morgan Stanley’s Energy & Power Conference at 12:00 p.m.
  • ET in New York on March 6, 2024.
  • To access the live webcast, visit https://morganstanley.webcasts.com/starthere.jsp?ei=1660465&tp_key=6c146... .
  • An archived, audio portion of the webcast will be available on the ExxonMobil website approximately 24 hours after the event.

ExxonMobil Obtains Exemption from Canadian Oil and Gas Reporting Obligations

Retrieved on: 
Thursday, February 15, 2024
Oil, Gas, Energy, Management, Independent, Decision, Disclosure, Form, ExxonMobil

As a result of the Decision, and provided that certain conditions set out in the Decision are met on an on-going basis, ExxonMobil will not be required to comply with the requirements of NI 51-101 and, accordingly, will not be required to file Form 51-101F1 – Statement of Reserves Data and Other Oil and Gas Information, Form 51-101F2 – Report on Reserves Data by Independent Qualified Reserves Evaluator or Auditor and Form 51-101F3 – Report of Management and Directors on Oil and Gas Disclosure.

Key Points: 
  • As a result of the Decision, and provided that certain conditions set out in the Decision are met on an on-going basis, ExxonMobil will not be required to comply with the requirements of NI 51-101 and, accordingly, will not be required to file Form 51-101F1 – Statement of Reserves Data and Other Oil and Gas Information, Form 51-101F2 – Report on Reserves Data by Independent Qualified Reserves Evaluator or Auditor and Form 51-101F3 – Report of Management and Directors on Oil and Gas Disclosure.
  • ExxonMobil is required to file such disclosure with the securities regulatory authority or regulator in each of the provinces of Canada as soon as practicable after such disclosure is filed pursuant to the U.S. Rules.
  • Readers should be aware that ExxonMobil’s future disclosure relating to its oil and gas activities will comply with the U.S. Rules rather than NI 51-101 and the Canadian Oil and Gas Evaluation Handbook.
  • The U.S. Rules differ in a number of respects from the disclosure otherwise required under NI 51-101 and the Canadian Oil and Gas Evaluation Handbook and readers are urged to consider these differences when considering all future disclosures made by ExxonMobil relating to its oil and gas activities.

TRD USA, Mobil 1™ Expand Relationship Beginning With 2024 Motorsports Season

Retrieved on: 
Tuesday, January 30, 2024
Motor Sports, Automotive, Extreme Sports, Other Energy, General Sports, Other Communications, Oil, Gas, Public Relations, Investor Relations, Sports, Marketing, Energy, Advertising, Communications, Other Automotive, Transportation, General Automotive, Tires & Rubber, Performance & Special Interest, Travel, Multimedia, Cup, ARCA Menards Series, David Gilliland Racing, F1, Longevity, NHRA, TRD, Labor Day Classic, Lexus, Toyota Supra (J29/DB), Phoenix Raceway, Partnership, Circuit, Glossary, NASCAR Cup Series, WeatherTech, History, Atlanta Motor Speedway, IMSA, NASCAR Craftsman Truck Series, JGR, Formula One, Labour, TD2, Mobil, Kalitta, Nemechek, Raceway, ARCA, Car, Talladega Superspeedway, NASCAR Xfinity Series, World of Outlaws, Late model, Bell, Indy, Toyota Racing Development, Late, Mobil 1, Toyota Camry, Xfinity, Top Fuel, Richmond Raceway, Lubricant, Series

View the full release here: https://www.businesswire.com/news/home/20240130122827/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240130122827/en/
    TRD USA, Mobil 1 expand relationship beginning with 2024 motorsports season (Photo: Business Wire)
    “Mobil 1 is proud to be synonymous with motorsports, and we are thrilled to take that to the next level with Toyota Racing Development,” shares Rob Shearer, Director of Global Sponsorships and Marketing Services, on behalf of Mobil 1.
  • “TRD’s technical partnership with Mobil 1 has been integral to Toyota’s on-track performance and success over the past 20+ years,” explains David Wilson, president, TRD USA.
  • "2024 is going to be a big year for us, and I'm very thankful to have Mobil 1 and its continued support once again this season.
  • Kalitta Motorsports will also continue to receive Mobil 1 support through the TRD partnership in the NHRA Mission Foods Drag Racing Series season.

ExxonMobil to Release Fourth Quarter 2023 Financial Results

Retrieved on: 
Monday, January 22, 2024
Oil, Gas, Energy, Business Wire, Senior, XOM, Local, ExxonMobil, Webcast

Exxon Mobil Corporation (NYSE: XOM) will release its fourth quarter 2023 financial results on Friday, February 2, 2024.

Key Points: 
  • Exxon Mobil Corporation (NYSE: XOM) will release its fourth quarter 2023 financial results on Friday, February 2, 2024.
  • The company will issue a press release via Business Wire that will be available at 5:30 a.m. CT at investor.exxonmobil.com .
  • Chairman and Chief Executive Officer Darren Woods, Senior Vice President and Chief Financial Officer Kathy Mikells, and Vice President of Investor Relations Jennifer Driscoll will review the results during a live conference call at 7:30 a.m. CT.
  • An archive replay of the call and a copy of the presentation with accompanying supplemental financial data will be available at investor.exxonmobil.com .