The Securities and Exchange Commission launched an investigation by Exxon Mobil Corp after an employee filed a whistleblower complaint alleging that the energy giant had sold one of its most important oil …
Read More »Exxon draws SEC investigation on Permian Basin Asset Valuation
The Securities and Exchange Commission launched an investigation by Exxon Mobil Corp. after an employee filed a whistleblower complaint alleging that the energy giant had sold one of its most important oil …
Read More »Finding Safe Dividends in Beaten-Down Energy Stocks
Energy stock in S&P 500 This year their price has almost halved. There is a possibility of dividend reductions and suspensions in the sector, as companies have sidelined the cash situation amid …
Read More »Epidemic pain persists for big oil companies
Major oil companies indicated they are under extreme financial pressure and oil prices have slowed as demand for a fossil fuel uprising began on Thursday, after being crushed by the coronovirus epidemic. …
Read More »High premarket on sale, Amgen and Honeywell Dow-joining news; Exxon, Pfizer and Raytheon run less
Shares of three new additions to Dow Jones Industrial Average DJIA, + 1.35% Prepaid trades were higher on Tuesday, while the S&P Dow Jones Indies reduced the three departed members a day …
Read More »Exxon Mobil fell from Dow after nearly a century, replaced by Salesforce
Exxon Mobil, which joined the Dow Jones Industrial Average in 1928, is being removed from the blue-chip stock market index. Its replacement: Enterprise software company Salesforce.com. Also leaving the index are pharmaceutical …
Read More »Large oil companies retain drilling
The world's largest oil companies are flooded with cash, thanks to rising oil prices. But few, if anything, are spending, even when the prospect of a global oil shortage is looming. Collectively, …
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