Exxon to Close Pioneer Deal as FTC Forces Out Founder Sheffield [Yahoo! Finance]
Exxon Mobil Corporation (XOM)
Last exxon mobil corporation earnings: 5/1 07:34 am
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Source: Yahoo! Finance
asserted that Scott Sheffield, Pioneer's co-founder, must not take a seat on the supermajor's board. Most Read from Bloomberg US and Saudis Near Defense Pact Meant to Reshape Middle East Biden Calls Ally Japan ‘Xenophobic' Along With China, Russia Saudi Arabia Steps Up Arrests Of Those Attacking Israel Online Tesla Axes Supercharger Team in Blow to Broader EV Market NYPD Arrests Over 300 Protesters in Crackdown on College Campuses The decision, announced Thursday in a filing, will ease concern the Biden administration will seek to block a series of oil and gas mega-mergers, but it came at a hefty price. The antitrust agency says it found evidence Sheffield sought to communicate with OPEC and fellow US producers about oil pricing and output, potentially driving up costs for consumers. “Mr. Sheffield's past conduct makes it crystal clear that he should be nowhere near Exxon's boardroom. American consumers shouldn't pay unfair prices at the pump simply to pad a corporate
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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