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ExxonMobil Corporation [a] ( / ˌɛksɒnˈmoʊbəl / EKS-on-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 ...
In 2023, ExxonMobil was the third-largest dividend payer in the S&P 500, behind only Microsoft and Apple, according to ExxonMobil CEO Darren Woods. Many oil CEOs have also grown their own fortunes ...
Dividends accounted for a lot of it. Without dividends, Exxon shares returned 87% over the past decade. Earnings-per-share growth was strong over this period, growing at an average of 13% a year.
Over the past few weeks, I've been working my way through the nine dividend aristocrats on the Dow Jones Industrial Average . Up today: ExxonMobil . The oil giant's consecutive dividend streak ...
The Exxon Valdez oil spill was the second largest in U.S. history, and in the aftermath of the Exxon Valdez incident, the U.S. Congress passed the Oil Pollution Act of 1990. An initial award of US$5 billion punitive was reduced to $507.5 million by the US Supreme Court in June 2008, and distributions of this award commenced in 2008.
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 ...
Dividends are a hot topic for many investors right now. The turmoil of the financial meltdown is still fresh and the tangibility of a quarterly cash payout hits the spot like a cool glass of ...
The ex-dividend date (coinciding with the reinvestment date for shares held subject to a dividend reinvestment plan) is an investment term involving the timing of payment of dividends on stocks of corporations, income trusts, and other financial holdings, both publicly and privately held. The ex-date or ex-dividend date represents the date on ...