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US Energy Ishares ETF
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Updated: 8:00 PM EST, Nov 20, 2024
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Middle East Tensions Lift Energy ETFs: Will The Rally Last?
October 05, 2024
The energy market is grappling with concerns over slowing demand and fears of a surplus next year.
Via
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Exxon, Other US Oil Majors Brace For Tropical Storm Francine: Report
September 11, 2024
Exxon Mobil Corp (NYSE:XOM) to cut production at Baton Rouge refinery to 20% due to Hurricane Francine in Louisiana. Other US Gulf producers also preparing.
Via
Benzinga
Exxon Passes On $10B Namibian Oil Field: Report
September 09, 2024
Exxon Mobil reportedly withdraws from competition to acquire Galp Energia's stake in Namibia oil discovery. Other companies continue to pursue. Other major oil companies also showed interest in...
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Benzinga
ExxonMobil Strikes Major Hydrogen Deal: ADNOC Takes Stake In Proposed Low-Carbon Texas Project
September 04, 2024
Abu Dhabi National Oil Co. (ADNOC) acquires stake in Exxon Mobil's proposed low-carbon production facility in Texas. Aims for net-zero emissions.
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Exxon Mobil Eyes Permian Assets Sale To Fuel Shale Expansion: Report
August 28, 2024
Exxon Mobil reportedly plans to sell conventional oil assets in Permian Basin for $1 billion. The company will focus on expanding shale production after acquisition of Pioneer Natural Resources Co. The...
Via
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Exxon Bets Big On Oil: Expects Crude Demand To Defy Green Transition
August 26, 2024
Exxon Mobil expects crude demand to remain strong at 100 million barrels per day through 2050, supporting its ambitious production growth plans. Without new investments, global oil supplies could drop...
Via
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Arbitration To Uncover Hidden Value Of Hess' Guyana Oil Assets In Exxon Mobil vs. Chevron Dispute: Report
August 20, 2024
Arbitration panel reportedly examines hidden value of Hess oil assets in Guyana in Exxon's dispute with Chevron.
Via
Benzinga
Exxon Mobil Reduces Staff After Pioneer Merger: Report
August 13, 2024
Exxon Mobil reportedly issued layoff notices to 59 employees following Pioneer Natural Resources acquisition.
Via
Benzinga
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Energy ETFs In Focus As Exxon Beats, Chevron Disappoints
August 05, 2024
Via
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Exxon Mobil's Strong Q2 Results And Production Gains Offset By Economic Concerns: Analysts Cautiously Optimistic
August 05, 2024
Exxon Mobil Corp. shares drop due to overall market weakness and economic slowdown concerns. Analysts revise forecasts.
Via
Benzinga
ExxonMobil's Q2 Earnings: Permian Dominance Drives Production Growth, Plans $19B Buyback In FY24
August 02, 2024
ExxonMobil reported higher second-quarter FY24 results, with revenues beating consensus and record production and high-value product sales.
Via
Benzinga
Tensions Rise In Venezuela As Opposition Disputes Election Results: Impact On Oil ETFs
July 30, 2024
Venezuela: Maduro declared winner in contentious election, opposition disputes results and calls for transparency and new election.
Via
Benzinga
What's Going On With Exxon Mobil Shares Tuesday?
July 30, 2024
Exxon Mobil and Shell subsidiaries to sell UK North Sea assets to Viaro Energy; deal includes 11 offshore operated assets and one exploration field.
Via
Benzinga
Trump Accuses OPEC Of Manipulating Oil Prices To Favor Kamala Harris, Warns 'She Will Be A Disaster For The USA!'
July 30, 2024
Former President Donald Trump accused the Organization of the Petroleum Exporting Countries of deliberately driving down oil prices to benefit Vice President Kamala Harris.
Via
Benzinga
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Exposures
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What A Kamala Harris Presidency Could Mean For Oil Stocks: Chevron, Marathon Move Lower
July 22, 2024
Oil stocks tumble as investors fear potential shift in energy sector under a Harris presidency. Renewable energy ETFs rise in response.
Via
Benzinga
Topics
ETFs
What's Going On With Exxon Mobil Shares Today?
July 17, 2024
Exxon Mobil shuts down Illinois refinery due to power outage caused by storm.
Via
Benzinga
Exxon Mobil Arbitration Throws Wrench in Chevron-Hess Merger Timeline: Report
July 12, 2024
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Via
Benzinga
Exxon Mobil's Stock Slides: Oil Up, Gas Down Makes For Mixed Q2 Earnings Outlook
July 08, 2024
Exxon Mobil shares are down due to expected changes in oil and gas prices. Other factors may positively affect earnings in Q2.
Via
Benzinga
Dispute Over $53B Chevron-Hess Merger Heats Up, Arbitration Panel Nears Formation: Report
July 03, 2024
Exxon and partners appoint arbitration panel for dispute with Chevron over Hess acquisition. Panel to be completed soon, proceedings to be scheduled.
Via
Benzinga
Exxon Ex-Exec's New Firm To Partner On Guyana's Next Gas Project: Report
June 26, 2024
Guyana's Ministry of Natural Resources reportedly chose Fulcrum LNG, led by former Exxon executive Bronchalo, to develop a new natural gas project in the country.
Via
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Exposures
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ExxonMobil Drills Into EV Future With SK On Lithium Deal
June 25, 2024
ExxonMobil signed a MOU with SK On for a multiyear offtake agreement of 100,000 metric tons of Mobil Lithium from its Arkansas project, in line with its goal to supply lithium for 1 million EV...
Via
Benzinga
Exxon Mobil Rakes In Billions from Guyana Oil Deal, Net Margin Tops Chip Giant: Report
June 25, 2024
Exxon Mobil's venture in Guyana reportedly resulted in a $6.33 billion profit and 56% net margin for the partners, exceeding NVIDIA's. More production vessels expected.
Via
Benzinga
Exxon Mobil, Air Liquide Team Up For Clean Hydrogen Project: Details
June 24, 2024
ExxonMobil partners with Air Liquide to produce low-carbon hydrogen and ammonia in Texas. Aims to reduce carbon footprint and become largest hydrogen production site.
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Benzinga
Exxon Mobil's Lawsuit Against Climate Activist Shareholder Arjuna Capital Dismissed By Federal Judge
June 18, 2024
A federal judge has dismissed Exxon Mobil Corp's lawsuit against activist shareholder Arjuna Capital over a climate proposal.
Via
Benzinga
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Legal
Exxon Mobil's Nigerian Asset Sale To Seplat Nears Completion As Court Case Clears
June 14, 2024
Seplat Energy aims to wrap up $1.28B acquisition of Exxon Mobil's Nigerian oil assets despite regulatory delays and court proceedings by NNPC.
Via
Benzinga
Strike At Exxon Site On Hold: Talks Heat Up Over Severance Packages
May 31, 2024
A strike at Exxon Mobil's French petrochemical complex is suspended until June 4 for potential talks on severance packages. Jobs will be lost.
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Benzinga
ConocoPhillips To Buy Marathon Oil: Energy ETFs To Gain
May 30, 2024
Via
Talk Markets
Topics
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Exxon Shrinks Footprint In Nigeria Despite Renewal Of Lease On Lagos Office: Report
May 30, 2024
Exxon is relocating staff from the 12-floor Mobil House, reportedly leased at $10 million annually, to a six-floor office building in Ikoyi.
Via
Benzinga
Investors Fear Exxon Lawsuit Hinders Sustainability Proposals: Report
May 28, 2024
A group of institutional investors worth $4.4T urges companies to stop suing shareholders over proposals, citing long-term harm and SEC intervention.
Via
Benzinga
Topics
Lawsuit
Regulatory Compliance
Exposures
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Legal
Regulatory
Guyana Gas Bonanza On Hold: Exxon Reportedly Faces Deadline For Stabroek Development
May 24, 2024
Exxon-led consortium must decide by October on developing large gas find off coast of Guyana, govt wants 20% of reserves if undeveloped.
Via
Benzinga
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