Exxon Mobil signs non-binding lithium supply deal with LG Chem [Yahoo! Finance Canada]
Exxon Mobil Corporation (XOM)
Last exxon mobil corporation earnings: 5/1 07:34 am
Check Earnings Report
US:NYSE Investor Relations:
ir.exxonmobil.com
Company Research
Source: Yahoo! Finance Canada
HOUSTON (Reuters) - Exxon Mobil said on Wednesday it has signed a non-binding lithium supply deal with battery parts maker LG Chem, the oil giant's second agreement to supply the electric vehicle battery metal from its proposed Arkansas project. Exxon last year announced plans to extract lithium from the Smackover Formation, an underground deposit of salty water known as brine that stretches from Florida through Arkansas and into Texas, using at least one type of direct lithium extraction (DLE) technology. Exxon and other oil companies such as Occidental Petroleum and Equinor are increasingly investing in lithium projects, partly due to their belief that extracting the metal from brine involves similar processes as petroleum extraction. The LG Chem agreement, which would require Arkansas officials to set a state lithium royalty rate to be finalized, is for up to 100,000 metric tons of the ultralight metal over several years. The move allows Exxon - which plans to self-fund it
Show less
Read more
Impact Snapshot
Event Time:
XOM
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
XOM alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
XOM alerts
High impacting Exxon Mobil Corporation news events
Weekly update
A roundup of the hottest topics
XOM
News
- India's Modi seeks energy security from Guyana and its vast oil deposits [Yahoo! Finance Canada]Yahoo! Finance Canada
- India's Modi seeks energy security from Guyana and its vast oil deposits [Yahoo! Finance]Yahoo! Finance
- Trump's Energy Picks Signal Policy Shift [Yahoo! Finance]Yahoo! Finance
- Exxon Mobil's (NYSE:XOM) investors will be pleased with their strong 111% return over the last three years [Yahoo! Finance]Yahoo! Finance
- Exxon, under fire over plastic recycling, spending $200 million to expand Texas plants [Yahoo! Finance Canada]Yahoo! Finance Canada
XOM
Earnings
- 11/1/24 - Beat
XOM
Sec Filings
- 11/12/24 - Form 8-K
- 11/4/24 - Form 10-Q
- 11/1/24 - Form 8-K
- XOM's page on the SEC website