XOM May 2024 118.000 put
- 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.
- Bloomberg
Hess Investors Vote in Favor of $53 Billion Chevron Takeover
(Bloomberg) -- Hess Corp. shareholders approved Chevron Corp.’s $53 billion takeover despite reservations among several prominent investors about a dispute with Exxon Mobil Corp. over a key asset.Most Read from BloombergWall Street Returns to T+1 Stock Trading After a CenturyTreasuries Hit as US Sales Struggle to Lure Buyers: Markets WrapFor Private Credit’s Top Talent, $1 Million a Year Is Not EnoughIsraeli Airstrike and Egyptian Guard’s Death Ratchet Up TensionsMortgages Stuck Around 7% Force
