Exxon Mobil prioritizes long-term value by growing earnings and cash flow, avoiding short-term cuts to capital investments, and maintaining a strong balance sheet. The company's resilience during downturns, notably the pandemic, showcases management's commitment to long-term strategies over short-term investor appeasement. Key projects like Golden Pass, China One, and Guyana are on track, bolst...
Turbulence has returned to the oil market this year. Oil prices have tumbled more than 15%, weighed down by the uncertain impact of tariffs and other factors.
Exxon Mobil has signed a long-term agreement to supply 250,000 metric tons of low-carbon ammonia annually to Japanese trading house Marubeni , the U.S. oil producer said on Wednesday, representing Exxon's first signed customer agreement for its planned hydrogen facility in Baytown, Texas.
SPRING, Texas & TOKYO--(BUSINESS WIRE)--Marubeni Corporation (Marubeni) and Exxon Mobil Corporation (ExxonMobil) (NYSE: XOM) have signed a long-term offtake agreement for approximately 250,000 tonnes of low-carbon ammonia per year from ExxonMobil's facility in Baytown, Texas, which is expected to produce virtually carbon-free hydrogen with approximately 98% of CO2 removed and low-carbon ammonia...
ExxonMobil (XOM -0.36%) kicked off 2025 on a strong note, beating the market and rallying 10.6% in the first quarter of the year. The oil stock, however, made a sharp U-turn in April to give up all of those Q1 gains, and then some -- it fell 11.2% during the month, according to data provided by S&P Global Market Intelligence.
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Energy giant ExxonMobil is set to inject $1.5 billion into the development of its deepwater operations in Nigeria, the country's oil regulator said on Wednesday.
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