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August 25, 2023
Favorable oil price is a boon for ExxonMobil's (XOM) upstream operations. However, it is highly exposed to volatility in oil and gas prices.
July 6, 2023
ExxonMobil's (XOM) consortium received the Guyana regulator's approval to drill 35 new exploration wells in the Stabroek offshore block.
July 6, 2023
Transocean (RIG) announced $172 million in six one-well options exercised for semisubmersible rig drilling.
June 23, 2023
Hess (HES) intends to distribute 75% of its free cash flow to shareholders via dividends and share repurchases, owing to an expected increase in cash flow over the next five years.