• Apr 3, 2020
    HOUSTON--(BUSINESS WIRE)--ExxonMobil will help provide about 1 million meals to Houston-area residents impacted by the COVID-19 pandemic through $250,000 in contributions to local food banks. The Houston Food Bank will receive $200,000, including $50,000 worth of gasoline gift cards for use at Exxon- and Mobil-branded retail stations to help deliver food to those in need. The Montgomery County Food Bank will receive $50,000 from the company, which has a long history of support for the community organizations. “Wemore...
  • Apr 3, 2020
    MIDLAND, Texas--(BUSINESS WIRE)--ExxonMobil is supporting hunger relief in the Midland-Odessa area and across West Texas with a $100,000 donation to the West Texas Food Bank to help those facing difficult economic circumstances resulting from the COVID-19 pandemic. “We’re proud to be able to help the communities where we operate and call home,” said Staale Gjervik, senior vice president at ExxonMobil Upstream Oil and Gas Company and president of XTO Energy. “With school closures, job disruptions and health risks, thousandsmore...
  • Apr 3, 2020
    CARLSBAD, N.M.--(BUSINESS WIRE)--The Carlsbad Municipal School District is receiving $100,000 from ExxonMobil to support online education in response to unprecedented circumstances associated with the COVID-19 pandemic. Funding will help provide technology and internet connectivity to low income students who are living in remote locations with limited access to the internet. To support the need for social distancing to minimize the impact of COVID-19, New Mexico made the difficult decision on March 16 to close schoolmore...
  • Apr 2, 2020
    IRVING, Texas--(BUSINESS WIRE)--ExxonMobil and the Global Center for Medical Innovation (GCMI) said today that they have initiated multi-sector and joint development projects to rapidly redesign and manufacture reusable personal protection equipment for health care workers, such as face shields and masks, which are in short supply as a result of the COVID-19 pandemic. In response to the unprecedented challenges from the COVID-19 pandemic, ExxonMobil is applying its deep knowledge and experience with polymer-basedmore...
  • Mar 16, 2020
    IRVING, Texas--(BUSINESS WIRE)--ExxonMobil is looking to significantly reduce spending as a result of market conditions caused by the COVID-19 pandemic and commodity price decreases, the company said today. “Based on this unprecedented environment, we are evaluating all appropriate steps to significantly reduce capital and operating expenses in the near term,” said Darren Woods, chairman and chief executive officer of Exxon Mobil Corporation. “We will outline plans when they are finalizedmore...
  • Mar 5, 2020
    NEW YORK--(BUSINESS WIRE)--ExxonMobil continues to make progress on the company’s long-term growth plans by investing through the commodity price cycle to capture high-value opportunities and grow earnings and cash flow potential. “We are effectively executing our growth strategy that will lead to sustained improvement in shareholder value,” Darren W. Woods, ExxonMobil chairman and chief executive officer, said at the company’s annual investor day at the New York Stock Exchange. “Using themore...
  • Mar 3, 2020
    IRVING, Texas--(BUSINESS WIRE)--ExxonMobil (NYSE:XOM) today released a model framework for industry-wide methane regulations and urged stakeholders, policymakers and governments to develop comprehensive, enhanced rules to reduce emissions in all phases of production. “ExxonMobil has been applying the principles of this framework to our oil and natural gas operations for several years, resulting in improvements that demonstrate what’s practicable and achievable,” said Darren Woods, chairmanmore...
  • Feb 14, 2020
    IRVING, Texas--(BUSINESS WIRE)--Exxon Mobil Corporation’s (NYSE:XOM) board of directors has elected Stephen Littleton as vice president of investor relations and corporate secretary, effective March 15. Neil Hansen, who is currently vice president of investor relations and corporate secretary, has been appointed vice president of fuels for Europe, Middle East and Africa. Littleton is currently vice president of downstream business services and controller. His career started with ExxonMobilmore...
  • Jan 31, 2020
    IRVING, Texas--(BUSINESS WIRE)--Exxon Mobil Corporation (NYSE:XOM):                                                                     Third                       Fourth Quarter           Quarter           Twelve Months           2019 2018     %     2019     %     2019    more...
  • Jan 29, 2020
    IRVING, Texas--(BUSINESS WIRE)--The Board of Directors of Exxon Mobil Corporation (NYSE:XOM) today declared a cash dividend of $0.87 cents per share on the Common Stock, payable on March 10, 2020 to shareholders of record of Common Stock at the close of business on February 11, 2020. This first quarter dividend is at the same level as the dividend paid in the fourth quarter of 2019. Through its dividends, the corporation has shared its success with its shareholders for more than 100 yearsmore...