Coronavirus, unemployment, uncertainty imperil Texas workers: "It trickles down." [Los Angeles Times (CA)]
Exxon Mobil Corporation (XOM)
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Source: Los Angeles Times
In the shadow of oil refinery towers that have risen over this Gulf Coast town for generations, Effie Williams, an out of work pipe-fitter and single mother, watched a man mow the grass and wondered how much longer she could pay the bills. Williams, 29, was furloughed in April, when the coronavirus spread across the state . For now, she has enough savings to get by on and cover the $1,298 rent for her three-bedroom brick ranch house, but she’s not sure how long this historic slowdown will last or what will happen to her and her children. “They say we’re not starting back up until January 2021,” said Williams. Little is guaranteed. These are uncertain days of long lines at food banks , extra prayers at church, nose swabs in parking lots, a time when the owner of a pawn shop down the road reaches for his gun if too many people come in at once. Coronavirus has stunned Baytown’s oil-based boom/bust economy: Nearly a quarter of residents were unemployed, nearly twice the state average and
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XOM
News
- Upstream Expansion Fuels Optimism in the Oil & Gas Sector [Yahoo! Finance]Yahoo! Finance
- Oil Giants Plan to Bury Massive Amounts of CO2 in Southeast Asia [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Oil Giants Plan to Bury Massive Amounts of CO2 in Southeast Asia [BNN Bloomberg (Canada)]BNN Bloomberg
- Republican senators push back against FTC scrutiny of oil and gas mergers - report [Seeking Alpha]Seeking Alpha
- ExxonMobil (XOM) Sounds Alarm on Australia's Gas Supply Outlook [Yahoo! Finance]Yahoo! Finance
XOM
Earnings
- 2/2/24 - Miss
XOM
Sec Filings
- 3/19/24 - Form 4
- 2/28/24 - Form 10-K
- 2/28/24 - Form 8-K/A
- XOM's page on the SEC website