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Exxon Sues California AG, Environmental Groups

The New York Times · 2d

Exxon Sues California Official, Claiming He Defamed the Company

The lawsuit, an unusual strategy for the oil giant, comes after California’s attorney general sued Exxon last year alleging it misled the public about plastics recycling.

Grist on MSN · 2d

California and environmental groups sued Exxon over plastics. Now Exxon is striking back.

In a retaliatory lawsuit, Exxon says claims against it are motivated by “sordid for-profit incentives and outright greed.”

LA Times on MSN · 2d

Exxon Mobil sues California Atty. Gen. Rob Bonta over plastic recycling claims

Exxon lawsuit accuses California's attorney general, the Sierra Club and others of defaming the oil giant with negative comments about plastic recycling.

Exxon Predicts $700 Million Hit

Hosted on MSN · 1d

Exxon Predicts $700 Million Hit to Profit From Lower Oil Prices

Exxon Mobil Corp. said earnings took a hit from lower crude prices and narrowing refining margins during the final three months of 2024.

Investopedia on MSN · 1d

ExxonMobil Says Lower Oil Prices Will Hit Q4 Earnings

KEY TAKEAWAYS ExxonMobil said it expects to take an up to a $900 million hit to its upstream earnings in the fourth quarter versus the previous three months amid falling oil prices.Lower liquids prices are set to bring down its upstream earnings by between $500 million to $900 million in the fourth quarter of 2024 compared with the third quarter.

Exxon drops after warning of oil, refining hit to 4Q profit

Exxon Mobil’s shares fell after the company warned its fourth-quarter earnings will take a hit from lower crude prices and narrowing refining margins during the final three months of 2024. Oil prices lowered earnings at Exxon’s production division by about $700 million,

1don MSN

Exxon Mobil warns that lower oil prices and tighter refining margins will weigh on earnings

Exxon Mobil Corp.’s stock fell 0.5% early Wednesday, after the oil giant said lower oil prices and pressure on refining ...

1d

Wall Street cuts Exxon earnings views after fourth-quarter snapshot

Exxon Mobil shares fell nearly 2% in early trading on Wednesday after the top U.S. oil producer warned of a decline in ...

2d

John Hess ‘Very Confident’ of Winning Exxon Case, Chevron Merger

Hess Corp. expressed confidence in prevailing in arbitration brought by Exxon Mobil Corp. over a massive oil project that’s ...

2d

Exxon Mobil: Capex Fears Are Exaggerated (Rating Upgrade)

Exxon Mobil shares have underperformed peers following the December strategy update. Read why I upgrade XOM stock from sell ...

2d

Exxon signals weaker performance across the board to hurt Q4 profits

Exxon Mobil said on Tuesday changes in oil prices would ease its fourth-quarter upstream earnings by $500 million to $900 ...

1d

Chevron CEO Wirth Backs Hess in Exxon Arbitration Over Guyana

Chevron Corp. Chief Executive Officer Mike Wirth reiterated his support for Hess Corp. in its arbitration battle with Exxon ...

18h

Exxon Mobil (XOM) Gets a Hold from Mizuho Securities

In a report released yesterday, Nitin Kumar CFA from Mizuho Securities reiterated a Hold rating on Exxon Mobil (XOM – Research Report). The ...

2d

Exxon Mobil Corp. stock rises Tuesday, outperforms market

Exxon Mobil Corp. closed $17.59 short of its 52-week high ($126.34), which the company reached on October 7th.

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