Previous Close | 8.55 |
Open | 8.10 |
Bid | 0.00 |
Ask | 0.00 |
Strike | 120.00 |
Expire Date | 2024-10-18 |
Day's Range | 8.10 - 8.58 |
Contract Range | N/A |
Volume | |
Open Interest | N/A |
(Bloomberg) -- The Exxon Mobil Corp. investor that the oil giant is suing for its climate-related shareholder proposal is promising not to file similar motions in the future in a bid to get the legal action dropped.Most Read from BloombergIsraeli Airstrike and Egyptian Guard’s Death Ratchet Up TensionsWall Street Moves to Fastest Settlement of Trades in a CenturyCatering to the Ultra-Rich Is a Booming Business in AustraliaFor Private Credit's Top Talent, $1 Million a Year Is Not EnoughMusk’s xAI
ExxonMobil's (XOM) recent decision to file a legal action against investors pushing for more substantial measures to reduce greenhouse gas emissions sparks a reaction from several investors.
The agreement Chevron signed last year to buy Hess for $53 billion was expected to transform the oil giant, giving it new assets in fast-growing regions of the world. Everything comes down to a Hess shareholder vote on Tuesday. “It’s trading as a coin toss,” said Roy Behren, co-chief investment officer of Westchester Capital Management, which owns 2.1 million Hess shares, worth about $315 million.