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This will fund its dividend and the new buyback program, pushing XOM stock even higher. Exxon Mobil ended last year at $61.19 per share but as of March 22, it was already up to $81.29.
The Alaska SeaLife Center project cost $55 million; Exxon Valdez oil spill settlement funds made up the $37.5 million portion of funds dedicated to research and rehabilitation. An additional $12 million was raised by selling bonds, and $1.1 million was raised locally through private donations.
The Valdez Blockade was a 1993 protest by Cordova fishermen who blockaded the Valdez Narrows in an attempt to obtain funding for research and restoration efforts relating to decreasing yields of pink salmon and herring in Prince William Sound following the Exxon Valdez Oil Spill. The fishermen were dissatisfied with the Exxon Valdez Oil Spill ...
The Exxon Valdez oil spill was a major environmental disaster that occurred in Alaska's Prince William Sound on March 24, 1989. The spill occurred when Exxon Valdez, an oil supertanker owned by Exxon Shipping Company, bound for Long Beach, California, struck Prince William Sound's Bligh Reef, 6 mi (9.7 km) west of Tatitlek, Alaska at 12:04 a.m.
Exxon stock is down 3.2% in response, followed by BP at a 3.5% decline, with Conoco bringing up the rear with a 3.7% loss. ... Now here's the good news: Oil is well known to be a cyclical industry ...
Exxon Valdez was an oil tanker that gained notoriety after running aground in Prince William Sound, spilling her cargo of crude oil into the sea. On 24 March 1989, while owned by the former Exxon Shipping Company, captained by Joseph Hazelwood and First Mate James Kunkel, [3] and bound for Long Beach, California, the vessel ran aground on the Bligh Reef, resulting in the second largest oil ...
Coronavirus is probably the 1 concern in investors' minds right now. It should be. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW. We ...