#exxonmobil
8 posts · Last used Oct 07
Boosted by @gvenema@fairmove.net
Al eerder gezegd: de NAM gaat eerder failliet dan dat het fatsoenlijk de veroorzaakte schade compenseert. Een beproefd recept.
"Shell en ExxonMobil plunderen NAM-kas waaruit compensatie moet komen voor slachtoffers aardbevingsschade"
-> "De Nederlandse Aardolie Maatschappij (NAM) keert een dividend van 1,4 miljard euro uit aan Shell en ExxonMobil. Dat heeft het FD ontdekt na bestudering van het jaarverslag over 2025. Een jaar eerder was er al 3 miljard naar de olie- en gasbedrijven gegaan."
-> "De uitkering is in strijd met afspraken die met de overheid zijn gemaakt. Er moet voldoende geld in kas blijven om de slachtoffers van de aardbevingsschade in Groningen te compenseren."
-> "Hoogleraar bestuurskunde Herman Bröring waarschuwt dat het gevolg kan zijn dat uiteindelijk de belastingbetaler moet opdraaien voor de schade."
(Via @Joop@mastodon.social ) #NAM #Shell #Exxonmobil #aardbeving
Replying to
#ExxonMobil on Friday reported that its second quarter profits doubled to $14.53 billion, boosted by record #diesel production. The #oil giant, based in Spring, Texas, brought in $116.02 billion in revenue, up 42%.
#Chevron, based in Houston, nearly quadrupled its profits to $12.07 billion & revenue jumped 56% to $70.06 billion.
#BigOil #WarProfiteering #FossilFuels #ClimateChange #TrumpsWar #IranWar #US #Iran #Trump #economy #inflation #affordability #CostOfLiving #oil #energy #EnergyCrisis
The US Department of Justice has renamed one of their divisions "Energy & Natural Resources". It lists blocking climate lawsuits against oil and gas majors as a priority.
Robert Levy, a senior-level attorney at Exxon Mobil is retiring from the oil and gas company this month and joining the Justice Department’s Energy and Natural Resources Division.
By Rachel Santarsiero: https://www.desmog.com/2026/07/10/exxons-robert-levy-is-joining-the-doj-division-that-dubs-itself-the-nations-largest-environmental-law-firm/
#USPol #DOJ #oilAndGas #Exxon #ExxonMobil #law #fossilFuels
US Top News and Analysis | Exxon's once-hefty dividend is now tiny. Here's how to fix that
AI generated summary, Read the full article for complete information.
Exxon Mobil’s dividend has fallen to its lowest level since 2014, yielding just 2.7%, which leaves income‑focused investors searching for alternatives. The article recommends an “enhanced buy‑write” options strategy—a covered‑call spread that sells a June 26 $165 call for $2.20, buys a June 26 $170 call for $0.90, and holds 100 shares of XOM, generating roughly a $1.30 net credit per share (about 0.8‑1.0% yield over six weeks). This “twist” preserves upside beyond $170 while providing immediate premium income, aligning with Exxon’s strong free‑cash‑flow generation, low EV/EBITDA multiple, and solid technical momentum.
Read more: https://www.cnbc.com/2026/05/15/exxons-once-hefty-dividend-is-now-tiny-heres-how-to-fix-that.html
#ExxonMobil #MatchGroup #Exxon #
Home - CBSNews.com | Exxon Mobil, Chevron earnings fall, but top revenue expectations
AI generated summary, Read the full article for complete information.
Exxon Mobil and Chevron reported lower profits for the most recent fiscal quarter, citing disruptions from the Iran war, yet both U.S. oil giants exceeded Wall Street’s revenue expectations for the three‑month period ending March 31; CBS News business contributor Javier David provides further details.
Read more: https://www.cbsnews.com/video/exxon-mobil-chevron-earnings-fall-but-top-revenue-expectations/
#ExxonMobil #Chevron #WallStreet #JavierDavid #
PBS NewsHour - The Latest | Profit for the biggest U.S. oil companies declined in 1st quarter – but only on paper by Michelle Chapman, Associated Press
AI generated summary, Read the full article for complete information.
Profit for the two largest U.S. oil companies fell on paper in the first quarter because hedging contracts back‑fired after the U.S. and Israel struck Iran, effectively shutting the Strait of Hormuz and preventing physical oil deliveries; nonetheless, both Exxon Mobil and Chevron posted adjusted earnings that beat Wall Street forecasts, with Exxon reporting $4.18 billion in profit (adjusted to $1.16 per share) and $85.14 billion in revenue, and Chevron earning $2.21 billion (adjusted to $1.41 per share) on $48.61 billion in revenue. The apparent drop reflects one‑time “unfavorable timing effects” of the hedges, not an underlying loss of profitability. The results arrived as U.S. gasoline prices surged to multi‑year highs, pushing inflation and straining households and businesses dependent on fuel.
Read more: https://www.pbs.org/newshour/economy/profit-for-the-biggest-u-s-oil-companies-declined-in-1st-quarter-but-only-on-paper
#ExxonMobil #Chevron #Iran #HormuzStrait #MiddleEast
EXPOSED: #ExxonMobil, Chevron & Koch paid lobbyists to forge alliances with EU far right to kill #climate laws! 🧐🔥 Democracy is being sold for #fossilfuel greed! 🌴☠️🚫 #ClimateChange #Greenwashing @palmoildetect.bsky.social
EXPOSED: #ExxonMobil, Chevron & Koch paid lobbyists to forge alliances with EU far right to kill #climate laws! 🧐🔥 Democracy is being sold for #fossilfuel greed! 🌴☠️🚫 #ClimateChange #Greenwashing @palmoildetect.bsky.social
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