Tag

Exxonmobil

All articles tagged with #exxonmobil

legal14 hours ago•32 min saved

Texas court lets ExxonMobil defamation suit proceed against California AG over recycling remarks

A U.S. District Judge in the Eastern District of Texas ruled that ExxonMobil can pursue a defamation suit against California Attorney General Rob Bonta over his remarks about plastic recycling, including the claim that only 5% of plastic is recycled and that Exxon lied. The judge rejected Bonta’s official-immunity defense for a campaign email sent to Texas residents, allowing the suit to move forward against him, while dismissing the environmental groups’ claims.

via Yahoo|

#defamation #exxonmobil #legal

law14 hours ago•77 min saved

Texas judge lets ExxonMobil remarks case against California AG move forward

A federal judge in Texas has allowed a lawsuit accusing California's attorney general of making remarks about ExxonMobil to proceed, clearing a legal hurdle in the dispute over state officials’ statements.

via Yahoo Finance|

#attorney-general #exxonmobil #federal-court

law2 days ago•1 min saved

Supreme Court Takes Up Oil Giants' Climate Liability in Boulder Case

The Supreme Court agreed to hear a Boulder, Colorado climate lawsuit against Exxon Mobil and Suncor, a case that could reshape how state courts hear dozens of similar actions against fossil-fuel companies over climate damages and consumer fraud allegations—none of which have yet gone to trial.

via The New York Times|

#climate-change #exxonmobil #fossil-fuels

world2 days ago•8 min saved

Supreme Court weighs decades-old Cuban expropriation claims

The Supreme Court will decide whether Americans can sue over Cuba’s 1960 expropriations (Havana Docks and ExxonMobil assets) under the Helms-Burton Act’s Title III, a ruling that could affect U.S.-Cuba relations and the use of foreign claims as a policy lever.

via The New York Times|

#cuba #exxonmobil #foreign-claims

business26 days ago•41 min saved

ExxonMobil posts 2025 earnings, record output, and hefty shareholder returns while guiding 2026 capex

ExxonMobil reported 2025 earnings of $28.8 billion (non-GAAP $30.1B excluding identified items), generated $52.0B cash flow from operations and $26.1B free cash flow, and distributed $37.2B to shareholders in 2025 (dividends $17.2B, buybacks $20B); 4Q25 earnings were $6.5B, full-year Upstream production reached a 40+ year high driven by advantaged assets, and 2026 capex is guided at $27–$29B with ongoing 2030 emissions targets.

via Exxon Mobil Corporation|

#business #buybacks #cash-flow

world1 month ago•2 min saved

Trump hints Exxon ban in Venezuela after CEO calls it 'uninvestable'

Trump warned he may block ExxonMobil from investing in Venezuela after CEO Darren Woods described the country as 'uninvestable,' saying reforms to the legal framework and investment protections are needed; the moment came as the White House urged a $100 billion push for oil-industry investment and as Trump signed an executive order to shield Venezuelan oil revenues held in US accounts from creditors.

via The Guardian|

#exxonmobil #pdvsa #sanctions

business1 month ago•1 min saved

ExxonMobil and Oil Executives Skeptical About Investing in Venezuela

ExxonMobil has declared Venezuela 'uninvestable' for US investors, signaling a significant stance on the country's investment climate amid ongoing political and economic challenges.

via Financial Times|

#business #donald-trump #exxonmobil

business1 month ago•0 min saved

Exxon CEO Labels Venezuela 'Uninvestable' Amid Trump’s $100 Billion Oil Plan

ExxonMobil CEO Darren Woods stated that Venezuela is 'uninvestable' without significant legal and policy changes, despite President Trump's push for U.S. oil companies to invest in the country.

via The Washington Post|

#business #darren-woods #exxonmobil

business1 month ago•3 min saved

Trump's Venezuela Oil Plan Faces Industry Skepticism

ExxonMobil expresses interest in re-entering Venezuela's oil industry, emphasizing the need for legal and structural reforms, and highlights their long-term investment philosophy and readiness to assist in restoring Venezuelan oil production with appropriate security and cooperation.

via Exxon Mobil Corporation|

#business #energy-security #exxonmobil

business2 months ago•2 min saved

Top High-Yield Dividend Stocks to Watch in 2026

The article highlights three top dividend stocks to consider in 2026—Verizon Communications, Realty Income, and ExxonMobil—each offering high yields, stability, and consistent dividend growth, making them attractive options for income-focused investors.

via Yahoo Finance|

#2026 #business #dividend-stocks

business2 months ago•3 min saved

Top Dividend Growth Stocks for Long-Term Passive Income

The article highlights three high-yield dividend growth stocks—AbbVie, Home Depot, and ExxonMobil—that have a strong track record of increasing their dividends for over a decade, making them ideal long-term investments for generating passive income and diversifying a portfolio.

via The Motley Fool|

#abbvie #business #dividend-stocks

business3 months ago•4 min saved

Exxon and Chevron Increase Oil Output Amid Market Challenges

ExxonMobil is pursuing expansion projects despite a global oil glut and falling prices, while Chevron is focusing on cash flow and operational efficiency, reflecting divergent strategies amid increasing OPEC+ production and a declining Brent crude price, with both companies reporting better-than-expected Q3 results.

via Bloomberg.com|

#business #chevron #exxonmobil

business3 months ago•1 min saved

Exxon and Chevron Earnings Fluctuate Amid Oil Price Changes

Exxon Mobil's Q3 earnings dropped 12% to $7.55 billion due to falling oil prices caused by increased OPEC+ production, despite record outputs in Guyana and the Permian Basin. The company posted a strong earnings per share of $1.88, returned $9.4 billion to shareholders, and raised its dividend, though revenue slightly missed expectations.

via CNBC|

#business #earnings-decline #exxonmobil

business3 months ago•34 min saved

ExxonMobil and Chevron Boost Production Despite Price Drops in Q3 2025

ExxonMobil reported strong Q3 2025 earnings of $7.5 billion, with record production in Guyana and Permian, ongoing project startups, and increased shareholder dividends, despite year-to-date earnings decline due to market factors. The company continues to focus on growth, cost savings, and technological innovation.

via Exxon Mobil Corporation|

#business #earnings #exxonmobil

business3 months ago•2 min saved

XOM vs. CVX: Q3 Earnings Outlook for Big Oil Giants

The article compares ExxonMobil (XOM) and Chevron (CVX) as potential investments ahead of their Q3 earnings reports, analyzing which stock might be the better buy for investors interested in big oil companies.

via TipRanks|

#business #chevron #exxonmobil