XOM May 2024 131.000 call
- Barrons.com
Why the AI Stock Market Divide Is Widening Amid Fed Rate Fears, and 4 Other Things to Know Today
Hess shareholders approve Chevron merger but challenges remain, OpenAI forms new safety committee as it rolls out next model, and other news to start your day.
- Barrons.com
Exxon Is a Powerhouse. Why Shareholders Are Rebelling.
With its stock hovering around all-time highs, Exxon Mobil is flexing its muscles like never before. At its annual meeting on Wednesday, the company will find out if shareholders think it has gone too far. A federal lawsuit filed by Exxon against two small environmentally-minded funds over a proxy ballot proposal has sparked a revolt by some other shareholders, who say the company is looking to quash shareholder rights.
- AFP
Exxon plays hardball against climate NGOs. Will investors care?
ExxonMobil investors will have a chance to weigh in at Wednesday's annual meeting on the company's hardball approach to the latest shareholder challenge from environmentalists over climate change.ExxonMobil argued that the proposal was the same as one rejected by nearly 90 percent of company shareholders at the 2023 meeting.
