Exxon CEO announces a new form of graphite that can boost electric vehicle battery life substantially...
“We’ve invented a new carbon molecule that will extend the life of the battery by 30%,” Chief Executive Officer Darren Woods said at the University of Texas at Austin’s Energy Symposium on Friday. It’s a “revolutionary step change in battery performance.”
https://www.bloomberg.com/news/articles/202...
Exxon Mobil
XOM
NYSE
IPO1920
about XOM
Exxon Mobil is a global energy and chemical company that explores for and produces crude oil and natural gas, refines them into petroleum products like gasoline and lubricants, and manufactures petrochemicals, while also investing in lower-carbon solutions like carbon capture and hydrogen.
| type | open | high | low |
market cap |
volume |
|---|---|---|---|---|---|
| stock | $112.18 | $112.45 | $111.31 | $478.17B | 12.88M |
| eps |
price to earnings |
price to sales |
operating margin |
profit margin |
yield |
| +$1.64 | 15.08 | n/a | 13.13% | 9.02% | 3.52% |
You have to hand it to Exxon - they've got to be sitting on their yachts, rubbing their hands together with glee, watching the world burn. Every time you see a grim headline about global temperatures or geopolitical instability, you just know it's another good day for their stock price. They're genuinely committed to "building a better tomorrow"... for their shareholders, that is, one barrel at a time.