All news releases
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