ExxonMobil today announced its Corporate Plan to 2030, creating a platform to further extend the company’s track record of delivering leading shareholder value. The plan reflects the company’s strategy to leverage its unique set of competitive advantages and unrivaled opportunities to create significant upside potential for shareholders. The company expects to deliver incremental growth potential of $20 billion in earnings and $30 billion in cash flow driven by investing in competitively advantaged opportunities, continued excellence in execution, and disciplined cost and capital management.1

ExxonMobil (NYSE: XOM) today announced Liam M. Mallon, president of ExxonMobil Upstream Company and vice president Exxon Mobil Corporation, will retire effective February 1, 2025. The Board of Directors has appointed Dan L. Ammann president, ExxonMobil Upstream Company. Dan will continue as vice president, Exxon Mobil Corporation to succeed Liam. The Board also has appointed Barry L. Engle president, Low Carbon Solutions (LCS) and vice president for Exxon Mobil Corporation effective January 1, 2025.

ExxonMobil (NYSE: XOM) plans to invest more than $200 million to expand its advanced recycling operations at its sites in Baytown and Beaumont, Texas. The new operations are expected to start up in 2026 and can help increase advanced recycling rates and divert plastic from landfills. The company plans to build additional units to reach a global recycling capacity of 1 billion pounds per year by 2027.

Exxon Mobil Corporation (NYSE: XOM) and LG Chem have signed a non-binding memorandum of understanding (MOU) for a multiyear offtake agreement for up to 100,000 metric tons of lithium carbonate. The lithium will be supplied from ExxonMobil’s planned project in the U.S. to LG Chem’s cathode plant in Tennessee, which LG Chem expects to be the largest of its kind in the U.S.

Exxon Mobil Corporation (NYSE:XOM):

Earnings season is in full swing today, with the energy sector reporting some of the biggest names and how their quarters did ahead of potential rallies.

There are signs of a potential rotation in the stock market, which would favor value stocks and hurt growth stocks. Individual stocks amplify these rotations

Exxon Mobil Corporation (NYSE: XOM) will release its third quarter 2024 financial results on Friday, November 1, 2024. The company will issue a press release via Business Wire that will be available at 5:30 a.m. CT at investor.exxonmobil.com.

Stocks struggled for direction, but the trend before tech earnings is still bullish. Nevertheless, investors should expect volatility ahead of the election.

The Superior Court of San Franisco County recently issued a ruling on a motion filed by major oil producers, including BP, Shell and ExxonMobil. The motion was filed to suppress climate change-related suits filed by the state of California; the cities of Oakland, Imperial Beach, San Francisco, Richmond, and Santa Cruz; and the counties of Santa Cruz, Marin, and San Mateo.

Exxon Mobil remains an attractive opportunity, with resistance turning into support at $120 and upcoming earnings that could drive further upside.

So far in 2024, this lack of enthusiasm in oil markets has translated into declines for renewable energy stocks. The iShares Global Clean Energy ETF has

Stocks delivered another winning week, but the latest inflation readings dampened hopes for aggressive rate cuts and turned attention toward earnings

Exxon Mobil Corporation (NYSE: XOM) has executed the largest offshore carbon dioxide (CO2) storage lease in the U.S. with the Texas General Land Office (GLO). The over 271,000-acre site complements the onshore CO2 storage portfolio ExxonMobil is developing, and further solidifies the U.S. Gulf Coast as a carbon capture and storage (CCS) leader.

Exxon Mobil has returned to growth and is likely to outperform in Q3 and Q4. The share price has broken out of a range and could gain 30% soon.

The world’s largest retailer, company and employer, Walmart Inc. (NYSE: WMT), continues to defy gravity as its stock keeps floating higher.

After the FTC approval of its merger with Hess, Chevron stock may look attractive to value-hunting investors prior to the company’s earnings report

The energy sector is rebounding sharply due to escalating tensions in the Middle East, with oil prices surging as fears of supply disruptions rise.

There are other stocks and economies that could benefit from the recent China interest rate cuts and stimulus, as the main Chinese stocks are crowded now

Five top stock picks for October offer investors opportunities in artificial intelligence, energy, value, e-commerce, and global technology.

EQNX::TICKER_START (NASDAQ:DPRO),(CSE:DPRO),(NYSE:CVX),(NYSE:XOM),(NYSE:COP),(NYSE:OXY) EQNX::TICKER_END

Welcome to another episode of “The Impact” on FinTech TV. I spoke to R. Paul Herman, who is an impact investment fund manager and grader of over 410,000

PALM BEACH, Fla., Sept. 17, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - The use of Unmanned Aerial Vehicles (UAV’s) is growing rapidly across many civil application domains, including real-time monitoring, providing wireless coverage, remote sensing, search & rescue, delivery of goods, security & surveillance, precision agriculture, and civil infrastructure inspection. The growth of the UAV market is fundamentally influenced by the evolution of technologies that include advancements in lightweight composite materials that enhance flight duration and efficiency, and developments in high-resolution imaging sensors that expand application possibilities. The integration of sophisticated data analytics and machine learning algorithms has significantly improved UAV intelligence, enabling autonomous operations. Additionally, improvements in communication systems, allowing for enhanced command and control capabilities, and the advancement of battery technology for longer operational ranges, are crucial. These factors collectively contribute to the escalating adoption and versatility of UAVs in various sector. A report from MarketsAndMarkets said: “The UAV volume is projected to grow from 5.42 million units in 2024 to 7.51 million units in 2029. The overall UAV (Drone) Market (OEM+ aftermarket) to be USD 30.2 billion in 2024 and is projected to reach USD 48.5 billion by 2029, at a CAGR of 9.9% from 2024 to 2029.” The report said: “Drones are particularly important for inspecting difficult-to-reach locations at certain altitudes or in contaminated surroundings. The use of drones has modernized telecommunication tower scrutiny as they can be used to carry out supervision of these towers cost-effectively and in less time. Drones can also be employed for aerial evaluation of buildings and other infrastructure such as pipelines, electric grids, offshore plants, and solar plates. They can use thermal imaging cameras to detect hotspots on solar plates; spots where energy is not spreading evenly. This can enhance the productivity of solar power plants by the instant identification of potentially problematic areas.”   Active companies in the markets this week include: Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO), Chevron Corporation (NYSE: CVX), Exxon Mobil Corporation’s (NYSE: XOM), ConocoPhillips (NYSE: COP), Occidental Petroleum Corporation (NYSE: OXY).

The Boulder Group, a net leased investment brokerage firm, completed the sale of a single tenant net leased Starbucks property located at 10021 NW Hwy 287 in Fort Worth, Texas for $2,700,000.

His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has witnessed the signing of an agreement today that ADNOC will acquire a 35% equity stake in Exxon Mobil Corporation’s (NYSE: XOM) proposed low-carbon hydrogen and ammonia production facility in Baytown, Texas.