Exxon Mobil Corp
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XOM Exxon Mobil Corp
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Energy : Oil, Gas & Consumable Fuels | Large Cap Value
Company profile

Exxon Mobil Corporation is engaged in energy business. The Company is engaged in the exploration, production, transportation and sale of crude oil and natural gas, and the manufacture, transportation and sale of petroleum products. The Company also manufactures and markets commodity petrochemicals, including olefins, aromatics, polyethylene and polypropylene plastics, and a range of specialty products. The Company's segments include Upstream, Downstream, Chemical, and Corporate and Financing. The Upstream segment operates to explore for and produce crude oil and natural gas. The Downstream operates to manufacture and sell petroleum products. The Chemical segment operates to manufacture and sell petrochemicals. The Company has exploration and development activities in projects located in the United States, Canada/South America, Europe, Africa, Asia and Australia/Oceania.

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Today's volume of 186,078 shares is on pace to be much lighter than XOM's 10-day average volume of 23,353,446 shares.


UPDATE: Amazon postpones 'Prime Day' promotion till fall: Wall Street Journal

10:00 am ET May 21, 2020 (MarketWatch)

Amazon.com Inc. (AMZN) is rescheduling its annual Prime Day for September, according to a report in the Wall Street Journal (https://www.wsj.com/articles/amazon-pushes-prime-day-to-september-as-it-returns-to-normalcy-11590066947). The two-day Prime Day sales event is typically held in July, but surging demand amid the COVID-19 pandemic and strains on the e-commerce giant's warehouses have led to the postponement of the event, the Journal report said, citing people described as familiar with the matter. The company is now allowing unlimited shipments of nonessential goods to its warehouses, which suggests Amazon is now in position to process orders more quickly and create room for inventory, the report indicated. The stock rose 0.2% in morning trading. It has rallied 6% amid a six-day win streak through Wednesday's record close, and has gained in 12 of the previous 13 sessions. The stock has run up 35.4% in 2020, while the S&P 500 has slipped 8.2%.

-Tomi Kilgore; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

May 21, 2020 10:00 ET (14:00 GMT)

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