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The Latest Breaking News from ExxonMobil

How To Trade A Long-Term Bull Put Spread On XOM Stock

ExxonMobil doesn't even have to go up for this bullish option trade to profit.

Investors Business Daily

BP Earnings Fall 65% With Oil Major's Surplus Cash Turning Negative

BP earnings dived more than expected, with surplus cash negative. But crude oil prices are rebounding. BP stock is near an early entry.

Investors Business Daily

Energy Giants Exxon And Chevron Report Q2 Profits Down 50% As Oil Prices Rally

ExxonMobil and Chevron reported full second-quarter financials early Friday.

Investors Business Daily

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Big Oil’s War Against ‘Woke Capitalism’

The fossil fuel industry and right-wing activists are increasingly targeting investors that consider environmental and social issues — but is it working?

Capital & Main

Heathrow asks airlines to carry excess fuel despite carbon impact

Airport cites supply issues, but says there has been no impact on passengers or flights

The Guardian - UK

Chevron Sees Earnings Tumble Nearly 50% In Q2; Analysts Predict The Same For ExxonMobil

Chevron surprised markets Sunday, releasing better-than-expected second-quarter figures early, along with changes to its leadership structure.

Investors Business Daily

Watch Oil Giant ExxonMobil's Thinly Veiled Anti-EV Commercial

A new commercial for Mobil 1 titled "Breaking Free" invites US consumers "to step away from their devices and celebrate the love of driving" gas-powered cars.

InsideEVs

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UK investors backtrack on support for climate resolution at oil firms’ AGMs

Asset management firms accused of sacrificing climate action by voting against shareholder resolution at Chevron and ExxonMobil

The Guardian - UK

Short Circuit: A Roundup of Recent Federal Court Decisions

A rough ride, an injury in law, and sexy polygraphs.

Reason

How To Buy XOM For A 7% Discount, Or Achieve A 14% Annual Return

Yesterday, with XOM trading at $104.84, the September 15 put option with a strike price of $100 was trading around $2.55. Traders selling this put would receive $255 in option premium.

Barchart

Committed to Sustainable Investing? Three Questions to Ask Your Adviser

Don’t be shy about asking your adviser tough questions. You don’t want to find out after the fact that your portfolio isn’t as responsible as you thought it was.

Kiplinger

Meet the DC thinktank giving big oil ‘the opportunity to say they’ve done something’

The fossil fuel industry has a long history of hiring PR firms to sow confusion about climate change – but the Climate Leadership Council isn’t just a front group

The Guardian - US

Family of man killed by Detroit gas station clerk sues ExxonMobil for $100 million

SOUTHFIELD, Mi. — The family of a man killed by an ExxonMobil gas station clerk over an alleged dispute over a piece of beef jerky has filed a lawsuit against the clerk charged with killing the customer.

Tribune News Service

‘Double agents’: fossil-fuel lobbyists work for US groups trying to fight climate crisis

Exclusive: new database shows 1,500 US lobbyists working for fossil-fuel firms while representing universities and green groups

The Guardian - US

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Bangkok Post

The chemistry that's all around us

Chemistry is essential to our everyday lives, powering us in a myriad of different ways.

The Independent UK

Oregon county sues oil, coal companies for $51 billion over deadly heat dome

Oregon's most populous county is suing more than a dozen fossil fuel companies to recover costs related to extreme weather events

Bangkok Post

US county sues oil companies for $51 bn over 'Heat Dome' disaster

WASHINGTON - A county in the northwestern state of Oregon on Thursday filed a lawsuit against major fossil fuel companies seeking more than $51 billion over the 2021 "Heat Dome," one of the United States' deadliest weather-related disasters.

The Guardian - US

Be angry about the wildfire pollution – but be angry at the right people

A poisonous haze made the air over New York temporarily more hazardous than any other place on Earth. Thank fossil fuel billionaires

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Texas Observer

Over 20 Years, Texas Allowed 1 Billion Pounds Excess Emissions

So-called "excess" emissions have ballooned in Texas, thanks to an almost total lack of enforcement, report Grist and Science Friday.

Fortune

This state boasts the most Fortune 500 companies in 2023

Texas retained its crown as the state with the most Fortune 500 companies thanks to a combination of legacy energy companies and an emerging tech hub.

Fortune

Oil, health care, Texas are winners on this year's Fortune 500

Oil company ExxonMobil surpassed Apple to hit No. 3 on this year's ranking of the largest U.S. companies by revenue.

Capital & Main

It’s Payback Time

New studies call for reparations from oil companies and governments responsible for climate change.

The Conversation

Greenwashing: energy companies make false claims about sustainability – they should be held to account

Companies implement corporate social responsibility (CSR) as a way to present an environmentally responsible image and therefore gain legitimacy in the eyes of their stakeholders. But some companies don’t actually live up to their claims.

The Independent UK

Flying drones and chasing data, Indigenous women in Guyana join fight against climate change

A small group of Indigenous women in northern Guyana are flying drones and chasing data to help understand climate change and stop the worst of its impacts

The Guardian - UK

Fossil fuel firms owe climate reparations of $209bn a year, says study

Groundbreaking analysis by One Earth is first to quantify economic burden caused by individual companies

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