20 Biggest Oil Producing Countries in Asia [Yahoo! Finance]
Exxon Mobil Corporation (XOM)
Last exxon mobil corporation earnings: 5/1 07:34 am
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Source: Yahoo! Finance
Oil demand is surging! The International Energy Agency (IEA) reports a jump of 2.3 million barrels per day (mb/d) to 101.7 mb/d in 2023, with forecasts for further growth to 102.9 mb/d in 2024. This increase is driven by non-OPEC+ production rising 1.6 mb/d, while OPEC+ production is expected to dip by 820 kb/d due to voluntary supply cuts. The Russia-Ukraine conflict has significantly impacted the global oil market's geopolitical landscape. Trade routes have lengthened, pushing costs higher. However, on the supply side, the U.S. has emerged as a key player, exceeding 20 mb/d in production and contributing to a 1.8 mb/d increase in global output to nearly 102 mb/d in 2023. The top two oil companies in the US, as of 2023, are Exxon Mobil Corporation (NYSE: XOM ) and Chevron Corporation (NYSE: CVX ). Exxon Mobil Corporation (NYSE:XOM) with a market cap of $450.31 billion is a multinational oil and gas corporation headquartered in Irving, Texas. It is one of the biggest publicly trade
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XOM
News
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- Pertamina and ExxonMobil team up for CCS hub development in Indonesia [Yahoo! Finance]Yahoo! Finance
- The Global Nonwoven Industry's All-star Lineup Gathers at ANEX 2024 [Yahoo! Finance]Yahoo! Finance
XOM
Earnings
- 4/26/24 - Miss
XOM
Sec Filings
- 5/15/24 - Form DEFA14A
- 5/15/24 - Form SD
- 5/13/24 - Form PX14A6G
- XOM's page on the SEC website