Exxon Mobil (XOM) closed the latest trading day at $97.91, indicating a +1.13% change from the previous session's end. The stock's performance was ahead of the S&P 500's daily gain of 0.29%. At the same time, the Dow lost 0.25%, and the tech-heavy Nasdaq gained 0.43%.Coming into today, shares of the oil and natural gas company had lost 4.99% in the past month. In that same time, the Oils-Energy sector lost 5.56%, while the S&P 500 gained 2.08%.Analysts and investors alike will be keeping a close eye on the ...

Exxon Mobil filed a lawsuit on Sunday in a Texas court that seeks to block activist investors from bringing a climate proposal up for a vote during the company’s shareholder meeting in May. The lawsuit marks the first time Exxon has moved to block a shareholder proposal through a court complaint. The case was assigned to the U.S. District Court for the Northern District of Texas and has been assigned to Judge Reed O’Connor, an appointee of former President George W. Bush who has a record of ruling in favor ...

SPRING, Texas--(BUSINESS WIRE)--Exxon Mobil Corporation (NYSE: XOM) will release its fourth quarter 2023 financial results on Friday, February 2, 2024. The company will issue a press release via Business Wire that will be available at 5:30 a.m. CT at investor.exxonmobil.com. Chairman and Chief Executive Officer Darren Woods, Senior Vice President and Chief Financial Officer Kathy Mikells, and Vice President of Investor Relations Jennifer Driscoll will review the results during a live conference call at 7:3 ...

These yogis are stretching the patience of America’s biggest oil company.Natasha Lamb and Farnum Brown founded and run Arjuna Capital. The decade-old sustainable-investment firm, whose mission is to push major corporations into adopting more socially conscious policies, has found itself at the center of a lawsuit by Exxon Mobil Corp. XOM, +0.02% that seeks to block a shareholder proposal on climate change.With a mantra of “divest from old problems; invest in new solutions,” Arjuna says its goal for clients ...

Exxon Mobil Corporation (XOM) has filed a complaint in a Texas court to block a climate proposal by activist investors from going to a vote at the company’s shareholder meeting in May.This marks the first time that ExxonMobil has sought to exclude a shareholder proposal by resorting to legal action, signaling a potential shift in how corporations respond to investor-driven environmental initiatives.The complaint targets investors led by Arjuna Capital — a U.S. activist investment firm, and Follow This — a s ...

Exxon Mobil (XOM) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Shares of this oil and natural gas company have returned -4.9% over the past month versus the Zacks S&P 500 composite's +1.6% change. The Zacks Oil and Gas - Integrated - International industry, to which Exxon belongs, has lost 6% over this period. Now the key question is: Where could the stock be he ...

ExxonMobil CEO Darren Woods speaks at the Asia-Pacific Economic Cooperation (APEC) Leaders' Week in San Francisco, California, on November 15, 2023.Exxon Mobil filed a lawsuit against U.S. and Dutch activist investors in a bid to stop them from submitting climate proposals during the oil giant's annual shareholder meeting.It marks a first for the U.S. oil major and is the latest step in an intensifying battle between companies and environmental campaigners.The complaint was filed Sunday in the U.S. District ...

Exxon Mobil Corp (NYSE:XOM, ETR:XONA) has filed a court case against two of its investors in an attempt to block a climate proposal from reaching the company’s annual general meeting. Follow This and Arjuna Capital were sued by the oil giant in a Texas court on Sunday, after calling on Exxon to set targets for reducing carbon emissions. Exxon argued the investors were “driven by an extreme agenda” however, with the case marking the first time the oil firm has gone to court to block a shareholder motion. "Th ...

Exxon Mobil Corp on Sunday filed a complaint in a Texas court seeking to prevent a climate proposal by activist investors from going to a vote during the company’s shareholder meeting in May.This is the first time Exxon is seeking to exclude a shareholder proposal by filing a complaint in court.It says the investors are “driven by an extreme agenda” and that adopting stricter emission goals would be detrimental to its business and share value.Investors led by Arjuna Capital and shareholder activist group F ...

imaginimaNationalized industries are notorious for their inability to operate at a profit. -J. Paul Getty The transition from a carbon-based economy to one based on renewables is underway, but it is also incredibly contentious. It should not surprise folks that the world's formerly most powerful industry resisted external efforts to endanger its viability. No firm symbolized that resistance more than Exxon. While it angered activists, its contrarian upstream strategy makes it an excellent candidate to d ...