Value stocks have outperformed growth stocks this year.
“People are keen to spend the money that they have saved during the pandemic on travel.”
We examine actions taken by companies and governments to get back at unfair treatment by others
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ExxonMobil is an integrated oil and gas company that explores for, produces, and refines oil around the world. In 2020, it produced 2.3 million barrels of liquids and 8.5 billion cubic feet of natural gas per day. At the end of 2019, reserves were 15.2 billion barrels of oil equivalent, 58% of which were liquids. The company is the world's largest refiner with a total global refining capacity of 4.8 million barrels of oil per day and one of the world's largest manufacturers of commodity and specialty chemicals.
| Website: | www.exxonmobil.com |
| Main Phone: | +1 972 940-6000 |
| Address: | 5959 Las Colinas Boulevard |
| State: | TX |
| City / Town: | Irving |
| Country: | US |
| Postal Code: | 75039-2298 |
| Exchange: | NYE |
| CEO: | Darren W. Woods |
| Employees: | 72000 |
| NAICS: | Crude Petroleum Extraction(211120) |
Value stocks have outperformed growth stocks this year.
“People are keen to spend the money that they have saved during the pandemic on travel.”
We examine actions taken by companies and governments to get back at unfair treatment by others
Analysts estimated that losses for the insurance industry will hit around $10 billion, far less than the $90 billion+ from Katrina (Image: US Coast Guard, Aug. 27, 2021, CC BY-NC-ND 2.0, Flickr)
The comments by Apple mark the most specific prescription to date from a large public company about what disclosures are needed
The largest U.S. oil producer is reeling from the sharp decline in oil demand and a series of bad bets on projects when prices were much higher.
Exxon has been looking to sell assets since late 2019, seeking to free up cash to focus on a handful of mega-projects.
Despite its size and overall attractiveness, Brazil faces many challenges on its long journey to financial stardom.
It's the first time that Exxon Mobil has reported its so-called Scope 3 data.
Higher oil and gas prices and improved chemicals margins will aid fourth quarter results, but the gains will be dwarfed by an up to $20 billion asset write down.
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