ExxonMobil (XOM)

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Exxon Becomes King Of Shale With Blockbuster $60 Billion Purchase Of Pioneer
https://www.zerohedge.com/commodities/e ... 60-billion

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Exxon Blows Away Cash Flow Expectations, Hikes Dividend Ahead Of Transformational Deal With Pioneer
https://www.zerohedge.com/markets/exxon ... al-pioneer

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Exxon To Start Producing Lithium In Arkansas To Become "Major" EV Battery Supplier
https://www.zerohedge.com/markets/exxon ... y-supplier

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Exxon Hikes Buybacks 14%, Will Buy Back $20 Billion In Stock Next Year
https://www.zerohedge.com/markets/exxon ... -next-year

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Exxon Tumbles On One-Time EPS Charges Despite Surge In Cash Flow, Buyback Boost
https://www.zerohedge.com/markets/exxon ... back-boost

[winston]

not vested

ExxonMobil on Friday (Aug 2) posted a better than expected US$9.2 billion second-quarter profit based on rising oil prices and volume gains from its purchase this year of shale oil firm Pioneer Natural Resources.

Exxon delivered a US$2.14 per share profit that beat analysts’ estimates on oil production and pricing gains that offset refining weakness.

Results mirrored profit beats by rivals BP, Shell and ConocoPhillips.

Higher profit “was driven by record production both in Guyana and in the Permian,” which offset lower natural gas and fuel prices, chief financial officer Kathryn Mikells said.

Net income was US$9.24 billion, up from US$7.88 billion a year ago, largely on higher oil prices and gains from asset sales that offset weaker refining earnings.

Source: Phillips

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Exxon said to weigh sale of US$1 bil Singapore gas stations
https://www.theedgesingapore.com/news/o ... s-stations

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Exxon Plans Large Nat Gas Plants To Supply Electricity To Data Centers
https://www.zerohedge.com/markets/exxon ... ta-centers

[winston]

not vested

Exxonmobil signalled on Tuesday that sharply lower oil refining profits and weakness across all its businesses, would reduce its fourth-quarter earnings by about US$1.75 billion from the prior quarter.

Source: Phillips

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Exxon Jumps 4% After Company Boosts 2030 Cash-Flow Outlook
https://www.zerohedge.com/markets/exxon ... ow-outlook