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Exxon’s stock jumps after earnings beat estimates, $10B share buyback starts

Olivia Pulsinelli — Tue, 01 Feb 2022 20:06:58 +0000

Exxon Mobil Corp. (NYSE: XOM), which will soon move its headquarters to Houston, reported strong 2021 financial results on Feb. 1. The company also said it started its previously announced $10 billion share buyback earlier this year.

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Internal documents show Exxon’s growth plan dramatically increases emissions, Bloomberg reports

Dallas Business Journal staff — Tue, 06 Oct 2020 19:31:56 +0000

Exxon Mobil Corp.'s own evaluation of its ambitious growth plan shows the plan would would dramatically increase emissions, according to a report from Bloomberg News.

Bloomberg based its reporting off internal Exxon Mobil (NYSE: XOM) documents it obta...

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Republic Square adds Samsung, other tenants after 2 years of renovations

Olivia Pulsinelli — Thu, 10 Sep 2020 19:02:27 +0000

A 35-acre office campus in Houston’s Energy Corridor that was once owned by Exxon Mobil Corp. (NYSE: XOM) has completed two years of renovations and is adding tenants.

Dart Interests, formerly Third Palm Capital, announced Sept. 9 that it has "relaunc...

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Exxon Mobil shifts to hand sanitizer production as oil demand remains weak

Evan Hoopfer — Fri, 24 Apr 2020 18:46:01 +0000

Exxon Mobil Corp. (NYSE: XOM) modified manufacturing operations in Louisiana to produce medical-grade hand sanitizer, the Irving, Texas-based oil and gas giant announced April 24.

Exxon, which has a massive presence in Houston, will initially produce ...

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EOG cuts spending amid pandemic, oil price plunge; Exxon considers its own cuts

Olivia Pulsinelli — Tue, 17 Mar 2020 13:02:43 +0000

EOG Resources Inc. (NYSE: EOG) is the latest Houston-based energy company to cut 2020 capital expenditures, and Irving, Texas-based Exxon Mobil Corp. (NYSE: XOM), which has a massive presence in Houston, is considering cuts as well.

A rapid drop in oi...

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