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April 1, 2020, 2:26 p.m. EDT

Exxon, other U.S. oil companies to meet with Trump for aid: WSJ

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By Claudia Assis

President Donald Trump will meet with top U.S. oil-company executives on Friday to discuss possible aid for the industry amid plummeting oil prices, according to a report in The Wall Street Journal that cited people familiar with the matter. The meeting will take place at the White House and executives invited include Exxon Mobil Corp. /zigman2/quotes/204455864/composite XOM +0.44% Chief Executive Darren Woods, Chevron Corp. /zigman2/quotes/205871374/composite CVX +0.59% Chief Executive Mike Wirth, Occidental Petroleum Corp. /zigman2/quotes/207018272/composite OXY +0.27% Chief Executive Vicki Hollub, and Continental Resources Inc. /zigman2/quotes/200740136/composite CLR +1.25% Chief Executive Harold Hamm, the newspaper said. Oil prices have fallen precipitously in recent weeks, hit by surging supply from a price war between Russia and Saudi Arabia and sharply lower demand because of the coronavirus pandemic. U.S.-traded crude oil prices have hovered around $20 a barrel in recent sessions, the lowest in nearly two decades.

/zigman2/quotes/204455864/composite
US : U.S.: NYSE
$ 43.20
+0.19 +0.44%
Volume: 13.60M
Aug. 14, 2020 4:02p
P/E Ratio
25.73
Dividend Yield
8.06%
Market Cap
$181.86 billion
Rev. per Employee
$3.93M
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/zigman2/quotes/205871374/composite
US : U.S.: NYSE
$ 90.35
+0.53 +0.59%
Volume: 6.34M
Aug. 14, 2020 4:02p
P/E Ratio
N/A
Dividend Yield
5.71%
Market Cap
$167.72 billion
Rev. per Employee
$3.27M
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/zigman2/quotes/207018272/composite
US : U.S.: NYSE
$ 14.64
+0.04 +0.27%
Volume: 21.27M
Aug. 14, 2020 4:00p
P/E Ratio
N/A
Dividend Yield
0.27%
Market Cap
$13.58 billion
Rev. per Employee
$1.60M
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/zigman2/quotes/200740136/composite
US : U.S.: NYSE
$ 18.58
+0.23 +1.25%
Volume: 1.66M
Aug. 14, 2020 4:00p
P/E Ratio
N/A
Dividend Yield
0.00%
Market Cap
$6.70 billion
Rev. per Employee
$3.88M
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