The agreement includes all of ExxonMobil's North America upstream and downstream facilities for maintenance, repair and operations as well as project work.
Save time and jump to the most important pieces.
| Company | Date | Price Target | Rating | Analyst |
|---|---|---|---|---|
| 11/19/2024 | $127.00 → $132.00 | Buy | TD Cowen | |
| 11/4/2024 | $130.00 → $127.00 | Buy | TD Cowen | |
| 10/17/2024 | $124.00 | Neutral | BofA Securities | |
| 10/10/2024 | $129.00 → $145.00 | Sector Perform → Sector Outperform | Scotiabank | |
| 10/9/2024 | $105.00 | Neutral → Underperform | Exane BNP Paribas | |
| 9/24/2024 | $119.00 → $120.00 | Buy → Neutral | Redburn Atlantic | |
| 7/18/2024 | $146.00 | Outperform | Wolfe Research | |
| 6/7/2024 | $146.00 → $124.00 | Buy → Hold | Truist |
Director Dreyfus Maria S. bought $2,000,386 worth of shares (18,310 units at $109.25), increasing direct ownership by 105% to 35,757 units (SEC Form 4) on June 20, 2024. This substantial insider purchase is a significant development for Exxon Mobil Corporation. As we delve into the recent insider activity at Exxon Mobil, we notice a few interesting patterns. Prior to Dreyfus Maria S.'s purchase, we observed that on January 4, 2024, Ubben Jeffrey W. granted 2,500 shares, which could signal confidence in the company. On the same day, Powell Dina H. claimed no ownership of stock but was granted 8,000 shares, indicating a new ownership stake. These events suggest a mix of adjustments in holding
4 - MRC GLOBAL INC. (0001439095) (Issuer)
4 - EXXON MOBIL CORP (0000034088) (Issuer)
4 - EXXON MOBIL CORP (0000034088) (Issuer)
SC 13D/A - MRC GLOBAL INC. (0001439095) (Subject)
SC 13D/A - MRC GLOBAL INC. (0001439095) (Subject)
SC 13G - MRC GLOBAL INC. (0001439095) (Subject)
144 - MRC GLOBAL INC. (0001439095) (Subject)
8-K - MRC GLOBAL INC. (0001439095) (Filer)
144 - MRC GLOBAL INC. (0001439095) (Subject)
TD Cowen reiterated coverage of Exxon Mobil with a rating of Buy and set a new price target of $132.00 from $127.00 previously
TD Cowen reiterated coverage of Exxon Mobil with a rating of Buy and set a new price target of $127.00 from $130.00 previously
BofA Securities resumed coverage of Exxon Mobil with a rating of Neutral and set a new price target of $124.00
Plans for 1 Billion Pounds Capacity per Year by 2027 $200 million investment adds new units to Beaumont and Baytown sites Processed more than 70 million pounds of plastic waste in Baytown so far with proven technology Additional advanced recycling units planned for North America, Europe, Asia ExxonMobil (NYSE:XOM) plans to invest more than $200 million to expand its advanced recycling operations at its sites in Baytown and Beaumont, Texas. The new operations are expected to start up in 2026 and can help increase advanced recycling rates and divert plastic from landfills. The company plans to build additional units to reach a global recycling capacity of 1 billion pounds per yea
Offtake agreement for up to 100,000 tons of lithium carbonate Aims to strengthen the U.S. critical mineral supply chain Contributes to domestic energy security, manufacturing, jobs and emission reductions Lithium production contingent on supportive regulatory frameworks, among other factors Exxon Mobil Corporation (NYSE:XOM) and LG Chem have signed a non-binding memorandum of understanding (MOU) for a multiyear offtake agreement for up to 100,000 metric tons of lithium carbonate. The lithium will be supplied from ExxonMobil's planned project in the U.S. to LG Chem's cathode plant in Tennessee, which LG Chem expects to be the largest of its kind in the U.S. "America needs secu
HOUSTON, Nov. 12, 2024 (GLOBE NEWSWIRE) -- MRC Global Inc. (NYSE:MRC), announced today that it has amended its asset-based revolving loan facility ("ABL"), extending its maturity to November 2029. The amended ABL has a committed borrowing capacity of $750 million. The terms of the ABL are substantially the same as the previous facility with a borrowing rate of Term SOFR plus a margin ranging from 1.25% to 1.75%, based on the company's fixed charge coverage ratio. Rob Saltiel, MRC Global President & CEO stated, "We are pleased to have successfully closed on our amended ABL credit facility with favorable terms and an extended maturity. This transaction, along with our new 7-year Term Loan
4/A - MRC GLOBAL INC. (0001439095) (Issuer)
4 - MRC GLOBAL INC. (0001439095) (Issuer)
4 - EXXON MOBIL CORP (0000034088) (Issuer)
- Reuters
Truist Securities analyst Neal Dingmann maintains Exxon Mobil (NYSE:XOM) with a Hold and lowers the price target from $124 to $121.
Oil stocks fell early Monday amid concerns that Vice President Kamala Harris could take a tougher stance on the oil and gas industry if she becomes the Democratic presidential nominee and wins the race for the White House. As California attorney general, Harris filed lawsuits against fossil fuel companies, supported reducing greenhouse gas emissions, and pushed for a ban on fracking, according to Offshore Technology. Harris has also been critical of offshore oil exploration and defended California's Low Carbon Fuel Standard. This potential shift in the political landscape has investors worried, with oil majors seeing declines on Monday. Oil Stocks Feeling The Heat At the time of
Craig Morford, Vice President, General Counsel and Secretary for Exxon Mobil Corporation (NYSE:XOM), has announced his retirement effective July 1, 2024. The Board of Directors has elected Jeff Taylor as Vice President, General Counsel and Secretary for the company. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240611622593/en/Craig Morford, Vice President, General Counsel and Secretary for Exxon Mobil Corporation (Photo: Business Wire) "Craig has been a valued member of our Corporate Leadership Team during his time as General Counsel providing his strong legal experience and counsel to advance our strategic priorities," said D
NEW YORK, May 3, 2024 /PRNewswire/ -- S&P MidCap 400 constituent Vistra Corp. (NYSE: VST) will replace Pioneer Natural Resources Co. (NYSE:PXD) in the S&P 500, S&P SmallCap 600 constituent Aaon Inc. (NASD: AAON) will replace Vistra in the S&P MidCap 400, and Marathon Digital Holdings Inc. (NASD: MARA) will replace Aaon in the S&P SmallCap 600 effective prior to the opening of trading on Wednesday, May 8. S&P 500 and S&P 100 constituent Exxon Mobil Corp. (NYSE:XOM) acquired Pioneer Natural Resources in a deal that closed today, Friday May 3. Following is a summary of the changes that will take place prior to the open of trading on the effective date: Effective Date Index Name Action C
HOUSTON, April 02, 2024 (GLOBE NEWSWIRE) -- MRC Global Inc. (NYSE:MRC) ("MRC Global" or the "Company"), the leading global distributor of pipe, valves and fittings (PVF) and other infrastructure products and services to diversified gas utility, energy and industrial end-markets, today announced that Daniel Silvers has been appointed to the Company's Board of Directors, effective immediately. Mr. Silvers will serve on the Board's Compensation and Environmental, Social, Governance and Enterprise Risk Committees. Mr. Silvers' appointment is made in conjunction with a cooperation agreement that the Company has reached with Engine Capital, L.P. ("Engine"). Robert Wood, MRC Global'
HOUSTON, Nov. 05, 2024 (GLOBE NEWSWIRE) -- MRC Global Inc. (NYSE:MRC) today announced third quarter 2024 results. Net income attributable to common stockholders for the third quarter of 2024 was $23 million, or $0.27 per diluted share, and was $29 million, or $0.33 per diluted share for the third quarter of 2023. Adjusted net income attributable to common stockholders for the third quarter of 2024 was $19 million, or $0.22 per diluted share, as compared to the third quarter of 2023 result of $28 million, or $0.32 per diluted share. MRC Global's third quarter 2024 gross profit was $160 million, or 20.1% of sales, as compared to the third quarter 2023 gross profit of $183 million, or 20.6%
Improved earnings power from enterprise-wide transformation drove industry-leading third-quarter earnings of $8.6 billion1 Achieved highest liquids production in over 40 years with 3.2 million barrels per day2 Delivered record high-value product sales volumes in Product Solutions, up 10% over prior year-to-date Returned $9.8 billion to shareholders in the quarter and increased fourth-quarter dividend to $0.99 per share Leading carbon capture and storage development; new customer agreement increases CO2 offtake under contract to 6.7 million metric tons per year, more committed volume than any other company has announced3 Exxon Mobil Corporation (NYSE:XOM): Results Summary
HOUSTON, Oct. 29, 2024 (GLOBE NEWSWIRE) -- MRC Global Inc. (NYSE:MRC), announced today that it has secured a new $350 million Senior Secured Term Loan "B" ("Term Loan") maturing in 2031. The proceeds from this loan, and borrowings from the asset-based lending facility were used to repurchase all 363,000 shares of its 6.50% Series A Convertible Perpetual Preferred Stock for $361 million plus accrued dividends as part of an agreement with Mario Investments LLC, the holder of the preferred stock. Rob Saltiel, MRC Global President & CEO stated, "We took advantage of favorable credit market conditions to issue a new term loan, allowing us to repurchase our preferred stock. We expect this repu