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ExxonMobil Corporation[ a] ( / ˌɛksɒnˈmoʊbəl / EK-son-MOH-bəl; commonly shortened to Exxon[ 5][ 6][ 7]) is an American multinational oil and gas corporation and the largest direct descendant of John D. Rockefeller 's Standard Oil. The company, which took its present name in 1999 per the merger of Exxon and Mobil, is vertically integrated ...
ExxonMobil (NYSE: XOM), the largest U.S.-based energy stock by market cap, has been a reliable dividend stock for decades.Despite the volatility of oil and natural gas prices, Exxon has paid and ...
On March 24, 1989, the Exxon Valdez oil tanker struck Bligh Reef in Prince William Sound, Alaska and spilled more than 11 million US gallons (42,000 m 3) of crude oil. The Exxon Valdez oil spill was the second largest in U.S. history, and in the aftermath of the Exxon Valdez incident, the U.S. Congress passed the Oil Pollution Act of 1990.
August 8, 2024 at 6:21 AM. ExxonMobil (NYSE: XOM) is one of the largest oil producers in the world. Its oil and gas business is a big moneymaker; the company earned $12.7 billion from its upstream ...
Exxon shares were cut in half in just a few months at the start of 2020 as the stock traded all the way down to $30 per share — a far cry from its 2014 record high just north of $100.
Pioneer Natural Resources Company, headquartered in Irving, Texas, was a company engaged in hydrocarbon exploration. It operated in the Cline Shale, which is part of the Spraberry Trend of the Permian Basin, where the company was the largest acreage holder. [ 1] In May 2024, the company was acquired by ExxonMobil .
ExxonMobil Is a Rock-Solid Dividend Stock, but So Is This Dirt Cheap Value Stock That Paid $1.8 Billion in Dividends Over the Past Year Daniel Foelber, The Motley Fool July 21, 2024 at 8:45 AM
Standard Oil is the common name for a corporate trust in the petroleum industry that existed from 1882 to 1911. The origins of the trust lay in the operations of the Standard Oil Company (Ohio), which had been founded in 1870 by John D. Rockefeller. The trust was born on January 2, 1882, when a group of 41 investors signed the Standard Oil ...
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