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Tag Archives: Exxon Dividend

Exclusive: Exxon downsizes global empire as Wall Street frets about dividend

An Exxon sign is seen at a gas station

REUTERS, SEPTEMBER 8, 2020 HOUSTON (Reuters) – Ill-timed bets on rising demand have Exxon Mobil Corp facing a shortfall of about $48 billion through 2021, according to a Reuters tally and Wall Street estimates, a situation that will require the top U.S. oil company to make deep cuts to its staff and projects. Wall Street investors are even starting to …

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