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ExxonMobil Corporation [a] ( / ˌɛksɒnˈmoʊbəl / EK-son-MOH-bəl; commonly shortened to Exxon [5] [6] [7]) is an American multinational oil and gas corporation and the largest direct descendant of John D. Rockefeller 's Standard Oil. The company, which took its present name in 1999 per the merger of Exxon and Mobil, is vertically integrated ...
Succeeded by. Lawrence G. Rawl. Clifton Canter Garvin Jr. (December 22, 1921 – April 17, 2016) [1] [2] was an American engineer, army officer, and oilman. In 1947 Garvin joined Standard Oil of New Jersey (called Exxon after 1973) and retired from the company in 1986. From 1972 to 1975 he served as its president, and from 1975 to 1986 as its ...
Lee Roy Raymond (born August 13, 1938) is an American businessman and was the chief executive officer (CEO) and chairman of ExxonMobil from 1999 to 2005. He had previously been the CEO of Exxon since 1993. He joined the company in 1963 and served as president from 1987 and a director beginning in 1984. While at Exxon, Raymond was one of the ...
Despite constant attempts by analysts and the media to complicate the basics of investing, there are really only three ways a stock can create value for its shareholders: Dividends. Earnings growth.
Last February, the stock market had a sharp correction from fears of runaway interest rates. In addition to the February market-wide fears, Exxon Mobil (NYSE:XOM) stock had its own reasons to fall ...
Despite the reversal, oil prices remain near multi-year highs, and analysts see a long-term opportunity ahead for Exxon Mobil Corporation (NYSE: XOM) investors. On Wednesday, RBC Capital Markets ...
Pioneer Natural Resources Company. Pioneer Natural Resources Company, headquartered in Irving, Texas, was a company engaged in hydrocarbon exploration. It operated in the Cline Shale, which is part of the Spraberry Trend of the Permian Basin, where the company was the largest acreage holder. [1] In May 2024, the company was acquired by ExxonMobil .
Only four of the Dow Jones Industrial Average's 30 components ended the trading session in the red today, as the blue-chip index rose more than 128 points. The main catalyst for the move higher ...
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