15 Countries with the Largest Proven Oil Reserves in the World [Yahoo! Finance]
Exxon Mobil Corporation (XOM)
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Source: Yahoo! Finance
You can skip our detailed analysis of the global oil and gas market, the impact of the Russia-Ukraine war on the global oil sector, and the steps taken by major oil companies to achieve net zero by 2050, and go directly to the 5 Countries with the Largest Proven Oil Reserves in the World In the latter half of the 20th century, the global oil market was dominated by a group of multinational, Anglo-American companies known as the ‘Seven Sisters'. And so in hopes of exerting more authority over their own resources, the petroleum-rich nations of Iran, Iraq, Kuwait, Saudi Arabia, and Venezuela banded together and created the OPEC (Organization of the Petroleum Exporting Countries) at the Baghdad Conference in 1960. These countries realized they had a non-renewable resource, and if they competed against each other, the price of oil would drop too far, eventually causing them to run out of their precious but finite commodity even sooner. Currently, OPEC comprises 12 members, and it is es
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News
- FTC's Surprise Attack on US Oil Icon Rattles Shale Sector [Financial Post (Toronto, Ontario, Canada)]Financial Post
- FTC's Surprise Attack on US Oil Icon Rattles Shale Sector [Yahoo! Finance]Yahoo! Finance
- FTC's Surprise Attack on US Oil Icon Rattles Shale Sector [BNN Bloomberg (Canada)]BNN Bloomberg
- Pioneer reports lower profit ahead of its takeover by Exxon [Yahoo! Finance Canada]Yahoo! Finance Canada
- Pioneer reports lower profit ahead of its takeover by Exxon [Reuters]Reuters
XOM
Earnings
- 4/26/24 - Miss
XOM
Sec Filings
- 5/2/24 - Form DEFA14A
- 5/1/24 - Form DEFA14A
- 5/1/24 - Form DEFA14A
- XOM's page on the SEC website