- Reuters
Exxon says proxy advisor Glass Lewis should recuse itself from making recommendations
U.S. oil giant Exxon said on Wednesday proxy advisor Glass Lewis should recuse itself from making recommendations on its upcoming shareholder meeting due to "conflicts of interest." The company said Glass Lewis is a member of the Interfaith Center on Corporate Responsibility (ICCR), which "has led the media opposition to ExxonMobil's decision to seek declaratory relief in court" related to a lawsuit. The lawsuit filed earlier this year is related to Exxon seeking to block a vote on a climate proposal submitted by two small activist investors, including Arjuna Capital, which is a member of the ICCR.
- Zacks
ExxonMobil (XOM) Strikes Oil With Likembe-01 Well Offshore Angola
ExxonMobil's (XOM) Likembe-01, well found in Angola's Block 15, signals a potential upturn in the country's oil fortunes, marking a significant discovery after years of dwindling output.
- Zacks
Why Exxon Mobil (XOM) is a Great Dividend Stock Right Now
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Exxon Mobil (XOM) have what it takes? Let's find out.
