US30231G1022 - Common Stock
EXXON MOBIL CORP
NYSE:XOM (4/23/2024, 7:04:00 PM)
Premarket: 120.6 -0.43 (-0.36%)121.03
+0.47 (+0.39%)
Exxon Mobil Corp. engages in the exploration, development, and distribution of oil, gas, and petroleum products. The company is headquartered in Spring, Texas and currently employs 62,000 full-time employees. The Company’s primary businesses include Upstream, Product Solutions and Low Carbon Solutions. Its Upstream division is engaged in exploring and developing oil and natural gas using technology. Its Product Solutions division is engaged in reducing greenhouse gas emissions and plastic waste by developing more sustainable products such as lower-emission fuels, chemical performance products and lubricants and plastics. Its Low Carbon Solutions segment is focused on commercializing lower-emission business opportunities in carbon capture and storage, hydrogen and lower-emission fuels. The company owns and operates a carbon dioxide (CO2) pipeline network in the United States, adding more than 1,300 miles, including nearly 925 miles of CO2 pipelines in Louisiana, Texas and Mississippi. The company also includes Gulf Coast and Rocky Mountain oil and natural gas operations. The company also has over 15 onshore CO2 storage sites.
EXXON MOBIL CORP
22777 Springwoods Village Parkway
Spring TEXAS 75039
P: 19729406000
CEO: Darren W. Woods
Employees: 62000
Website: https://corporate.exxonmobil.com/
Shell (SHEL) and Exxon Mobil's (XOM) Groningen field has been permanently closed, following a law passed by the Dutch Senate. However, the field still has substantial reserves remaining.
Investors are advised to avoid purchasing ExxonMobil (XOM) before the release of its Q1 earnings and, instead, closely monitor the stock for a more opportune entry point.
With the prospect of disrupted hydrocarbon supply chains rising, energy providers could see downwind benefits.
The best companies focus on what they can control to increase their chances of success even when challenges arise.
In the most recent trading session, Exxon Mobil (XOM) closed at $120.56, indicating a +0.57% shift from the previous trading day.
We may not be headed to a full-blown crisis, but savvy investors should protect their portfolios now with these crash-proof stocks.
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