XOM241115P108000
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- -0.05-83.33%
Exxon Mobil Newsroom
Mizuho Securities Maintains Exxon Mobil(XOM.US) With Hold Rating, Announces Target Price $137
Exxon Mobil (XOM.US) plans to cut nearly 400 jobs at Pioneer Company by 2026.
After acquiring pioneer natural resources for 63 billion dollars earlier this year, exxon mobil (XOM.US) announced plans to lay off 397 employees.
Short Sellers Cut Bets Against S&P 500 Energy Stocks Amid Earnings Season
Exxon Mobil to Cut Nearly 400 Jobs in Texas, Filing Says
U.S. stocks are on the move: exxon mobil rose more than 1%, planning to lay off 397 people at pioneer natural resources.
Gelonghui November 14th | exxon mobil (XOM.US) rose more than 1%, closing at $121.73. On the news front, after acquiring pioneer natural resources for $63 billion earlier this year, exxon mobil announced plans to lay off 397 people. In a notice issued to the Texas Workforce Commission on Wednesday, exxon mobil stated that the layoffs will be carried out in seven phases from now until May 2026, accounting for nearly 20% of the employees before the merger of pioneer. The layoffs will mainly affect pioneer's operations in Irving, a suburb of Dallas, and Midland, Texas.
Reported Nov 13, 2024, 'Exxon Mobil To Lay Off Nearly 400 Texas Employees As A Result Of Pioneer Acquisition' - Houston Business Journal
Express News | Exxon Mobil Will Layoff Some 376 Workers in Dallas County - Regulatory Filing
IEA: Crude oil demand growth in 2024 may be halved, with a surplus of over one million barrels of crude oil expected every day next year.
In terms of demand, the IEA expects that this year, global oil consumption will increase by 0.92 million barrels per day, which is less than half of the growth rate in 2023. By 2025, demand will grow by 0.99 million barrels per day. However, the IEA predicts that supply growth will continue, with production from countries such as the usa, Brazil, Canada, and Guyana increasing by 1.5 million barrels per day this year and next.
Mizuho Adjusts Price Target on Exxon Mobil to $137 From $130, Maintains Neutral Rating
Obama-Era State Secretary Warns Trump's Plans To Withdraw From Paris Agreement Would 'Cede Leadership To China'
WTI Crude's Bounce Not Enough To Break Bearish Bias, Says RHB
"Trump trade" may have been thoroughly priced! The question now arises.
Some analysts are worried that the market is currently rising prematurely, and a "rebound" may be just around the corner.
Afternoon crude oil analysis: The strong dollar is coming, with expectations of a global increase in oil inventories. Where will Brent crude oil prices head?
Due to the strengthening of the US dollar and expectations of an increase in global crude oil product inventories, Brent crude oil futures fell during the Asian morning trading session.
Crude oil futures prices stop falling, Trump's nomination of Secretary of State may lead to stricter sanctions against Iran.
Crude oil futures rose slightly on Wednesday, driven by short covering.
Express News | Exxon Mobil plans to reduce nearly 400 jobs in Texas by 2026.
Express News | Exxon Mobil plans to lay off 397 employees at Pioneer Natural Resources by 2026, mainly concentrated in the latter's offices in Irving and Midland. Earlier this year, Exxon Mobil acquired this shale oil operator located in the usa's Permian Basin for 63 b
Exxon Plans to Cut Almost 400 Pioneer Jobs in Texas by 2026
Exxon Mobil Options Spot-On: On November 13th, 255.17K Contracts Were Traded, With 1.13 Million Open Interest
On November 13th ET, $Exxon Mobil(XOM.US)$ had active options trading, with a total trading volume of 255.17K options for the day, of which put options accounted for 12.06% of the total transactions,
Biden Pledges 'Smooth' Transition To Trump In White House Meeting
Exxon-led Group in Guyana Reaches 500M-barrel Oil Production Milestone