Wall Street still loves fossil fuels [Yahoo! Finance]

Exxon Mobil Corporation (XOM)
Last exxon mobil corporation earnings: 5/1 07:34 am
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Source: Yahoo! Finance
year, reversing what had been a declining trend and illustrating just how reluctant Wall Street is to give up on what remains a major profit center. About half of the total lending and underwriting of $869 billion went to companies that are not just maintaining existing fossil fuel production and distribution infrastructure but investing in new assets, according to a new report by a coalition of environmental groups : The International Energy Agency has warned that activity is incompatible with the Paris Agreement global warming goals. Of the top five fossil fuel financiers, four are US-based, and all five withdrew in the past year or so from a net-zero banking coalition. The data, Lucie Pinson, executive director of the French advocacy group Reclaim Finance, argues, shows that banks are unwilling to act sufficiently on climate on their own, and need more regulation to align their activities with the long-term decarbonization commitments that European countries, at least, still
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News
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XOM
Earnings
- 5/2/25 - Beat
XOM
Sec Filings
- 6/12/25 - Form 11-K
- 6/3/25 - Form 3/A
- 5/30/25 - Form 8-K
- XOM's page on the SEC website