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Exxon Sues California Official, Claiming He Defamed Company
Exxon Sues California Official, Claiming He Defamed the Company
The lawsuit, an unusual strategy for the oil giant, comes after California’s attorney general sued Exxon last year alleging it misled the public about plastics recycling.
California and environmental groups sued Exxon over plastics. Now Exxon is striking back.
In a retaliatory lawsuit, Exxon says claims against it are motivated by “sordid for-profit incentives and outright greed.”
Exxon Mobil Corp. sues California attorney general for defamation over plastic recycling claims
Exxon Mobil Corp. has filed a federal defamation lawsuit against California Attorney General Rob Bonta and several environmental groups.
Exxon Predicts $700 Million Hit
Exxon Predicts $700 Million Hit to Profit From Lower Oil Prices
Exxon Mobil Corp. said earnings took a hit from lower crude prices and narrowing refining margins during the final three months of 2024.
ExxonMobil Says Lower Oil Prices Will Hit Q4 Earnings
KEY TAKEAWAYS ExxonMobil said it expects to take an up to a $900 million hit to its upstream earnings in the fourth quarter versus the previous three months amid falling oil prices.Lower liquids prices are set to bring down its upstream earnings by between $500 million to $900 million in the fourth quarter of 2024 compared with the third quarter.
Exxon drops after warning of oil, refining hit to 4Q profit
Exxon Mobil’s shares fell after the company warned its fourth-quarter earnings will take a hit from lower crude prices and narrowing refining margins during the final three months of 2024. Oil prices lowered earnings at Exxon’s production division by about $700 million,
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Exxon Mobil warns that lower oil prices and tighter refining margins will weigh on earnings
Exxon Mobil Corp.’s stock fell 0.5% early Wednesday, after the oil giant said lower oil prices and pressure on refining ...
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Wall Street cuts Exxon earnings views after fourth-quarter snapshot
Exxon Mobil shares fell nearly 2% in early trading on Wednesday after the top U.S. oil producer warned of a decline in ...
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John Hess ‘Very Confident’ of Winning Exxon Case, Chevron Merger
Hess Corp. expressed confidence in prevailing in arbitration brought by Exxon Mobil Corp. over a massive oil project that’s ...
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Exxon Mobil: Capex Fears Are Exaggerated (Rating Upgrade)
Exxon Mobil shares have underperformed peers following the December strategy update. Read why I upgrade XOM stock from sell ...
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Exxon signals weaker performance across the board to hurt Q4 profits
Exxon Mobil said on Tuesday changes in oil prices would ease its fourth-quarter upstream earnings by $500 million to $900 ...
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Exxon Mobil Corporation's (NYSE:XOM) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?
Exxon Mobil (NYSE:XOM) has had a rough three months with its share price down 12%. But if you pay close attention, ...
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