ExxonMobil is one of the largest and most diversified energy companies in the world. The stock's performance tends to mirror oil price movements.
Exxon Mobil board director Gregory Goff recently joined a newly formed Elliott Investment Management-backed company seeking to acquire control of Venezuela-owned oil refiner Citgo Petroleum.
Exxon Mobil Corp has proposed a $10 billion investment in offshore oil operations in a new investment push in Nigeria, a presidential spokesperson said on Thursday, citing company executives.
Today's Big 3 focuses on stocks trading at or near their all-time highs. Do they have potential for a breakout?
California's lawsuit on Monday accusing Exxon of fueling global plastic waste pollution by misleading the public about the limitations of recycling is the latest in a line of recent cases based on a centuries-old legal theory known as public nuisance. Here is a look at how public nuisance claims work, how such claims have fared and what it might mean for California's effort.
Exxon Mobil Corp (NYSE: XOM) is under scrutiny following a lawsuit filed by California's Attorney General, Rob Bonta, who accuses the energy giant of misleading the public about its plastic recycling efforts.
California files a lawsuit against XOM, accusing the company of contributing to global plastic pollution by misleading the public about recycling's effectiveness.
California Attorney General Rob Bonta joins 'Squawk Box' to discuss the state's lawsuit against Exxon Mobil, alleging deception about plastics recycling, the problems with the company's advanced recycling approach, and more.
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California's ambitious attorney general, Rob Bonta, filed his long-expected lawsuit targeting ExxonMobil related to plastics recycling Monday, a move that will no doubt result in years of litigation that will linger on long after Bonta has moved on to seek his next political office. It is a case Bonta and his office have hinted at bringing over the course of a two-year investigation into plastics recycling practices in the state.
Exxon Mobil (XOM) closed the most recent trading day at $117.36, moving +1.81% from the previous trading session.
Exxon deceived the public by falsely claiming in its advertising that all plastic is recyclable, the suit claims.