Many Exxon Mobil Corporation ( NYSE:XOM ) insiders ditched their stock over the past year, which may be of interest to...
Over the past year, the United States stock market has shown robust growth with a 23% increase, despite a recent flat performance over the last week. In this climate of anticipated 15% annual earnings growth, dividend stocks continue to attract attention for their potential to offer both stability and steady income.
SPRING, Texas, June 25, 2024--ExxonMobil (NYSE: XOM) has signed a non-binding memorandum of understanding (MOU) with SK On, a global leading electric vehicle (EV) battery developer, that opens the door to secure a multiyear offtake agreement of up to 100,000 metric tons of Mobil™ Lithium from the company’s first planned project in Arkansas. SK On plans to use the lithium in its EV battery manufacturing operations in the U.S. This will contribute to ExxonMobil’s goal, announced in late 2023, of s