Exxon Mobil Files 8-K on Note Issuances
Ticker: XOM · Form: 8-K · Filed: 2024-11-12T00:00:00.000Z
Sentiment: neutral
Topics: debt-issuance, financing, notes
Related Tickers: XOM
TL;DR
XOM filed an 8-K for new note issuances due 2028, 2032, and 2039. Debt management in action.
AI Summary
Exxon Mobil Corporation filed an 8-K on November 12, 2024, reporting on "Other Events." The filing details the issuance of various notes, including Zero Point Five Two Four Percent Notes due 2028 and 2032, and One Point Four Zero Eight Percent Notes due 2039. These issuances are part of the company's ongoing financing activities.
Why It Matters
This filing indicates Exxon Mobil is actively managing its debt structure and raising capital through the issuance of new notes, which can impact its financial leverage and future interest expenses.
Risk Assessment
Risk Level: low — The filing reports on routine debt issuance, which is a standard financial activity for a company of this size and does not indicate any immediate operational or financial distress.
Key Players & Entities
- Exxon Mobil Corporation (company) — Registrant
- November 12, 2024 (date) — Date of earliest event reported
- Zero Point Five Two Four Percent Notes Due 2028 (dollar_amount) — Debt instrument
- Zero Point Five Two Four Percent Notes Due 2032 (dollar_amount) — Debt instrument
- One Point Four Zero Eight Percent Notes Due 2039 (dollar_amount) — Debt instrument
FAQ
What specific event triggered this 8-K filing?
The 8-K filing was triggered by "Other Events," specifically detailing the issuance of various notes by Exxon Mobil Corporation.
What are the maturity dates for the notes mentioned in the filing?
The filing mentions notes due in 2028, 2032, and 2039.
What is the interest rate for the notes due in 2028 and 2032?
The interest rate for the Zero Point Five Two Four Percent Notes due 2028 and 2032 is 0.524%.
What is the interest rate for the notes due in 2039?
The interest rate for the One Point Four Zero Eight Percent Notes due 2039 is 1.408%.
What is the jurisdiction of incorporation for Exxon Mobil Corporation?
Exxon Mobil Corporation is incorporated in New Jersey.
From the Filing
0000034088-24-000071.txt : 20241112 0000034088-24-000071.hdr.sgml : 20241112 20241112145705 ACCESSION NUMBER: 0000034088-24-000071 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 14 CONFORMED PERIOD OF REPORT: 20241112 ITEM INFORMATION: Other Events FILED AS OF DATE: 20241112 DATE AS OF CHANGE: 20241112 FILER: COMPANY DATA: COMPANY CONFORMED NAME: EXXON MOBIL CORP CENTRAL INDEX KEY: 0000034088 STANDARD INDUSTRIAL CLASSIFICATION: PETROLEUM REFINING [2911] ORGANIZATION NAME: 01 Energy & Transportation IRS NUMBER: 135409005 STATE OF INCORPORATION: NJ FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-02256 FILM NUMBER: 241447202 BUSINESS ADDRESS: STREET 1: 22777 SPRINGWOODS VILLAGE PARKWAY CITY: SPRING STATE: TX ZIP: 77389-1425 BUSINESS PHONE: 9729406000 MAIL ADDRESS: STREET 1: 22777 SPRINGWOODS VILLAGE PARKWAY CITY: SPRING STATE: TX ZIP: 77389-1425 FORMER COMPANY: FORMER CONFORMED NAME: EXXON CORP DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: STANDARD OIL CO OF NEW JERSEY DATE OF NAME CHANGE: 19721123 8-K 1 xom-20241112.htm FORM 8-K xom-20241112 FALSE 0000034088 0000034088 2024-11-12 2024-11-12 0000034088 us-gaap:CommonStockMember 2024-11-12 2024-11-12 0000034088 xom:ZeroPointFiveTwoFourPercentNotesDue2028Member 2024-11-12 2024-11-12 0000034088 xom:ZeroPointFiveTwoFourPercentNotesDue2032Member 2024-11-12 2024-11-12 0000034088 xom:OnePointFourZeroEightPercentNotesDue2039Member 2024-11-12 2024-11-12 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549     FORM 8-K   CURRENT REPORT Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934   Date of Report (Date of earliest event reported): November 12, 2024   Exxon Mobil Corporation (Exact name of registrant as specified in its charter)   New Jersey 1-2256 13-5409005 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.)   22777 Springwoods Village Parkway , Spring , Texas 77389-1425 (Address of principal executive offices) (Zip Code)   Registrant’s telephone number, including area code: ( 972 ) 940-6000     (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:   ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)   ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)   ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))   ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))   Securities registered pursuant to Section 12(b) of the Act:     Name of Each Exchange Title of Each Class Trading Symbol on Which Registered Common Stock, without par value XOM New York Stock Exchange 0.524% Notes due 2028 XOM28 New York Stock Exchange 0.835% Notes due 2032 XOM32 New York Stock Exchange 1.408% Notes due 2039 XOM39A New York Stock Exchange     Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ Item 8.01 Other Events. On December 11, 2024, ExxonMobil intends to release details about its Corporate Plan, including its capital plans to 2030 and a detailed discussion of its Upstream business. This