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Exxon flags further losses that add to pressure on dividend
Exxon flags further losses that add to pressure on dividend
THURSDAY, OCTOBER 01, 2020
Exxon Mobil Corp. likely made a third consecutive loss in the last quarter, heaping further pressure on the energy giant's ability to pay its $15 billion-a-year dividend, currently the third-highest in the S&P 500 Index.
Exxon taps brakes on Permian Basin after virus hammers oil
Exxon taps brakes on Permian Basin after virus hammers oil
THURSDAY, MARCH 05, 2020
Exxon Mobil is slowing the pace of its flagship shale project in the Permian Basin, one of the first signs that the oil majors are throttling back on production in response to the recent slump in prices.Exxon Mobil shares slump again on disappointing results
Exxon Mobil shares slump again on disappointing results
SATURDAY, JULY 28, 2018
US oil giant Exxon Mobil reported another round of disappointing results on Friday, sending shares sharply lower at it moved to address rising criticism of its communications and operations.