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ExxonMobil reports results for second quarter 2020 IRVING, Texas – July 31, 2020 – Exxon Mobil Corporation today announced an estimated second quarter 2020 loss of $1.1 billion, or $0.26 per share assuming dilution. Results included a positive noncash inventory valuation adjustment from rising commodity prices of $1.9 billion, or $0.44 per share assuming dilution. Capital and exploration expenditures were $5.3 billion, nearly $2 billion lower than first quarter reflecting previously announced spend reductions.

Newsroom News July 31, 2020

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 cents per share on the Common Stock, payable on September 10, 2020 to shareholders of record of Common Stock at the close of business on August 13, 2020.

Newsroom News July 29, 2020

ExxonMobil recommends shareholders reject below-market mini-tender offer by Ponos Industries LLC IRVING, Texas — Exxon Mobil Corporation has received notice of an unsolicited mini-tender offer by Ponos Industries LLC to purchase up to 1 million shares of ExxonMobil common stock, which represents approximately 0.024 percent of the shares outstanding as of the April 27, 2020 offer date.

Newsroom News July 28, 2020

ExxonMobil collaborates on discovery of new material to enhance carbon capture technology IRVING, Texas – Scientists from ExxonMobil, University of California, Berkeley and Lawrence Berkeley National Laboratory have discovered a new material that could capture more than 90 percent of CO2 emitted from industrial sources, such as natural gas-fired power plants, using low-temperature steam, requiring less energy for the overall carbon capture process.

Newsroom News July 24, 2020

ExxonMobil, Georgia Tech and Imperial College London publish joint research on potential breakthrough in membrane technology IRVING, Texas – Scientists from ExxonMobil, the Georgia Institute of Technology and Imperial College of London have published joint research on potential breakthroughs in a new membrane technology that could reduce emissions and energy intensity associated with refining crude oil. Laboratory tests indicate the patent-pending membrane could be used to replace some heat-intensive distillation at refineries in the years ahead.

Newsroom News July 17, 2020