Exxon Back Into Profit as Earnings Jump by $7.4 Billion in Q3 2021
(ExxonMobil) Exxon Mobil reported $6.8 billion profit or $1.57 per diluted share earnings in the third quarter of 2021, an increase from a loss of 680 million or -$0.15 per…
Activist Engine No. 1 Pushes for a Third Seat in Exxon Board amid Conflict with CEO
Exxon Mobil Corp shareholders are pushing for a third seat to the company’s board, according to the Wall Street Journal. Leading nominee, Engine No. 1, will play an activist role…
Exxon Releases Q4 Results, Reports Loss of $20.1 Billion on Pandemic Impacts
Exxon Mobil Corp posted a net loss of $20.1 billion or $4.70 per share in the fourth quarter of 2020, according to the company’s press release. The loss was a…
More Job Losses as Exxon Prepares to Axe 14,000 Global Positions, 1,900 in the U.S
Exxon will cut 14,000 jobs globally and 1,900 in the U.S. to reduce employee numbers by 15% as the pandemic hurt energy demand and prices, according to Reuters. The job…