XOM logo Exxon Mobil Corporation +
Exxon Mobil Corporation
+

Exxon Mobil Corporation (XOM) Business News

Track Exxon Mobil Corporation in real time with a live news feed covering Exxon Mobil Corporation stock news, official press releases, company announcements, and an archive of historical Exxon Mobil Corporation news. ...more

  • Calendar
    Years
    Get instant access
    Sign up for free
    Get instant access
    Sign up for free
    Month
    Jan
    Feb
    Mar
    Apr
    May
    Jun
    Jul
    Aug
    Sep
    Oct
    Nov
    Dec
    Date
    Su
    Mo
    Tu
    We
    Th
    Fr
    Sa
    Selected Filter
    No selection

Summit Midstream Corporation Announces Final Investment Decision on Double E Pipeline Mainline Compression Expansion

PRNewsWire

7:00 AM | Monday | Aug 31, 2026

news photo
Loading...

HOUSTON, Aug. 31, 2026 /PRNewswire/ -- Summit Midstream Corporation (NYSE: SMC) ("Summit", "SMC" or the "Company") announced today that Double E Pipeline, LLC ("Double E") has concluded a successful open season and reached a final investment decision on its previously announced mainline compression expansion project, supported by a new long-term firm transportation agreement with an investment-grade shipper. Highlights Reached a final investment decision on the mainline compression expansion, with an expected in-service date in the fourth quarter of 2028 Executed a new long-term take-or-pay firm transportation agreement with an investment-grade shipper for 200 MMcf/d, bringing total contracted firm capacity on Double E to approximately 2.2 Bcf/d Converted the $50 million uncommitted accordion at Summit Permian Transmission to committed, bringing total committed financing capacity to $100 million and fully funding Summit's expected Double E capital contributions Robust future growth opportunities associated with data center developments in Texas and New Mexico and connectivity with additional egress pipelines Management Commentary Heath Deneke, President, Chief Executive Officer and Chairman, commented, "Today's announcement is a significant milestone for Summit and Double E and further demonstrates the importance of the pipeline to producers and processors in the Delaware Basin.

Read full article redirect
7:00 AM | Monday | Aug 31, 2026

Summit Midstream Corporation Announces Final Investment Decision on Double E Pipeline Mainline Compression Expansion

PRNewsWire

HOUSTON, Aug. 31, 2026 /PRNewswire/ -- Summit Midstream Corporation (NYSE: SMC) ("Summit", "SMC" or the "Company") announced today that Double E Pipeline, LLC ("Double E") has concluded a successful open season and reached a final investment decision on its previously announced mainline compression expansion project, supported by a new long-term firm transportation agreement with an investment-grade shipper. Highlights Reached a final investment decision on the mainline compression expansion, with an expected in-service date in the fourth quarter of 2028 Executed a new long-term take-or-pay firm transportation agreement with an investment-grade shipper for 200 MMcf/d, bringing total contracted firm capacity on Double E to approximately 2.2 Bcf/d Converted the $50 million uncommitted accordion at Summit Permian Transmission to committed, bringing total committed financing capacity to $100 million and fully funding Summit's... Read more

Read full article arrow
News Thumbnail
10:00 AM | Wednesday | Aug 26, 2026

ExxonMobil to Speak at Barclays 40th Annual Energy-Power Conference

Business Wire

SPRING, Texas--(BUSINESS WIRE)--ExxonMobil Holdings Corporation (NYSE: XOM) today announced Neil Hansen, Senior Vice President and Chief Financial Officer, will conduct a fireside chat at the Barclays 40th Annual Energy-Power Conference in New York on September 9, 2026, at 8:00 a.m. ET. To access the live webcast, visit the event page. An archived audio portion of the webcast will be available on the ExxonMobil website approximately 24 hours after the event.
About ExxonMobil ExxonMobil, one of.

Read full article arrow
News Thumbnail
6:30 AM | Friday | Jul 31, 2026

ExxonMobil Announces Second-Quarter 2026 Results

Business Wire

SPRING, Texas--(BUSINESS WIRE)--Exxon Mobil Corporation (NYSE:XOM): Results Summary 2Q26 1Q26 Change vs 1Q26 Dollars in millions (except per share data) YTD 2026 YTD 2025 Change vs YTD 2025 14,525 4,183 +10,342 Earnings (U.S. GAAP) 18,708 14,795 +3,913               14,680 8,772 +5,908 Adjusted Earnings/(Loss) (non-GAAP) 23,452 14,555 +8,897               3.48 1.00 +2.
48 Earnings Per Common Share (U.S. GAAP) ¹ 4.47 3.40 +1.
07               3.52 2.09 +1.43 Adjusted Earnings/(Loss) Per Common Shar.

Read full article arrow
News Thumbnail