XOM Jan 2025 270.000 put(CONTRA
- Zacks
Is ExxonMobil's Premium Stock Valuation a Buy, Sell or Hold?
XOM's strong fundamentals drive premium valuations with high growth expectations, but there remains some uncertainty.
- Reuters
Japan's Mitsubishi to buy stake, offtake ammonia from ExxonMobil in Texas
Japanese trading house Mitsubishi said on Friday it has reached a preliminary agreement to buy a stake in and offtake low-carbon ammonia from ExxonMobil's hydrogen facility in Texas. Part of its decarbonisation drive, Japan is aiming to increase usage of hydrogen and its derivative, ammonia, for co-firing at power plants, usage in the steel and automobile industries and other areas. Mitsubishi said that ExxonMobil's facility was expected to produce up to 1 billion cubic feet (bcf) per day of hydrogen, which would have about 98% of CO2 removed, and more than 1 million tons of low-carbon ammonia per year.
- Zacks
ExxonMobil CEO Vows Legal Action Against Proxy Rule Abusers
XOM CEO Darren Woods promises legal action against activist shareholders who abuse the proxy process, aiming to protect broader shareholder interests.
