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Exxon's stock has underperformed rival Chevron over the course of Woods' tenure as CEO. ... 2023 at 6:02 AM ... chairman of activist investor Engine No. 1 which led a victorious 2021 proxy fight ...
Engine No. 1 LLC, an investment firm newly launched by hedge fund industry veteran Chris James, on Monday asked Exxon Mobil Corp to focus more on investments in clean energy and plans to nominate ...
In 2024, ExxonMobil earned just $4.03 billion in worldwide earnings in its energy products segment compared to $12.14 billion in 2023. Worldwide upstream earnings were higher in 2024 than in 2023 ...
ExxonMobil funded organizations critical of the Kyoto Protocol and seeking to undermine public opinion about the scientific consensus that global warming is caused by the burning of fossil fuels. Exxon was a founding member of the board of directors of the Global Climate Coalition, composed of businesses opposed to greenhouse gas emission ...
ExxonMobil is the largest non-government-owned company in the energy industry and produces about 3% of the world's oil and about 2% of the world's energy. [22] ExxonMobil in Guyana crude oil drills map image offshore regions, Guyana exports around 500,000 barrels per day in offshore regions.
People of the State of New York v. Exxon Mobil Corp. was a lawsuit filed on October 24, 2018, in the New York Supreme Court.The suit alleges fraud by Exxon Mobil Corporation to mislead the company's investors about management of risks posed by climate change. [1]
New York state's pension fund on Friday threw its support behind an activist fund's slate of nominees to Exxon Mobil Corp's board, heating up a proxy fight for the company's future. The biggest U ...
A proxy statement is a statement required of a firm when soliciting shareholder votes. [ 1 ] : 10 This statement is filed in advance of the annual meeting. The firm needs to file a proxy statement, otherwise known as a Form DEF 14A (Definitive Proxy Statement), with the U.S. Securities and Exchange Commission .