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XOM Jun 2024 245.000 put(CONTRA
- Barrons.com
Darren Woods’ Investments Have Given Exxon Mobil a Financial Edge
The CEO slashed costs and spent money when others were skeptical. Now, Exxon is brimming with low-cost oil.
- Reuters
Striking French workers block delivery trucks at ExxonMobil refinery
Striking workers blocked delivery trucks carrying oil products, including petrol, from leaving the ExxonMobil Chemical France's Port-Jerome-Gravenchon refinery in northern France on Friday. Some 200 workers are on strike, an FNME-CGT union member said, and the action will continue until management returns to the negotiations over ExxonMobil Chemical France's plans to close part of the refinery. Last month, ExxonMobil Chemical France said it would shut down the steam cracker and close chemical production at Gravenchon this year, adding that the site has lost more than 500 million euros ($534.40 million) since 2018 and remains uncompetitive.
- Barrons.com
Nvidia Joined 11 Companies That Have Led the Stock Market in the Past Century
Going back to 1926, only 12 companies have lead the market in terms of market value, including AT&T, Apple, Cisco, Dupont, Exxon, GE, GM, IBM, Microsoft. Philip Morris, and Walmart.
