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ExxonMobil earns $4.7 billion in second quarter 2021

IRVING, Texas – July 30, 2021 – Exxon Mobil Corporation today announced estimated second-quarter 2021 earnings of $4.7 billion, or $1.10 per share assuming dilution, compared with a loss of $1.1 billion in the second quarter of 2020. Second-quarter capital and exploration expenditures were $3.8 billion, bringing the first half of 2021 to $6.9 billion, which is consistent with planned lower activity in the first half of the year. The company anticipates higher second-half planned spending on key projects, including Guyana, Brazil, Permian and in Chemical, with full-year spending towards the lower end of the guidance range of $16 billion to $19 billion. 

Newsroom News July 30, 2021

Exxon Mobil Corporation declares third quarter dividend IRVING, Texas - The Board of Directors of Exxon Mobil Corporation today declared a cash dividend of $0.87 per share on the Common Stock, payable on September 10, 2021 to shareholders of record of Common Stock at the close of business on August 13, 2021.

Newsroom News July 28, 2021

ExxonMobil announces oil discovery at Whiptail, offshore Guyana IRVING, Texas – ExxonMobil today said it made a discovery at Whiptail in the Stabroek Block offshore Guyana. The Whiptail-1 well encountered 246 feet (75 meters) of net pay in high quality oil bearing sandstone reservoirs. Drilling is also ongoing at the Whiptail-2 well, which has encountered 167 feet (51 meters) of net pay in high quality oil bearing sandstone reservoirs. Drilling continues at both wells to test deeper targets, and results will be evaluated for future development.

Newsroom News July 28, 2021

ExxonMobil to release second quarter 2021 financial results IRVING, Texas - Exxon Mobil Corporation will release second quarter 2021 financial results on Friday, July 30, 2021. A press release will be issued via Business Wire and available at 6:30 a.m. CT at www.exxonmobil.com.

Newsroom News July 26, 2021

ExxonMobil, SABIC reach mechanical completion for Gulf Coast Growth Ventures derivatives IRVING, Texas and RIYADH, Saudi Arabia – ExxonMobil and SABIC announced today that their joint venture, Gulf Coast Growth Ventures located near Corpus Christi, Texas, has reached mechanical completion of a monoethylene glycol unit and two polyethylene units. Project startup is expected to begin ahead of schedule, likely in the fourth quarter of 2021.

Newsroom News July 26, 2021