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A new activist takes on Exxon to reverse the oil giant’s underperformance

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Fuel prices are displayed at an Exxon Mobil Corp. gas station in Arlington, Virginia, U.S., on Wednesday, April 29, 2020.

Andrew Harrer | Bloomberg | Getty Images

Company: Exxon Mobil Corp. (XOM)

Business: Engaged in the exploration, production, transportation and sale of crude oil and natural gas, and the manufacture, transportation and sale of petroleum products. Exxon also manufactures and markets commodity petrochemicals, including olefins, aromatics, polyethylene and polypropylene plastics, and a range of specialty products. The company’s segments include upstream, downstream, chemical, and corporate and financing. The upstream segment operates to explore for and produce crude oil and…



Source cnbc.com

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