Exxon Mobil Newsfeed

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The S&P Global kicked Tesla out of its S&P 500 ESG Index after an annual re-balancing. Elon Musk questions why Exxon Mobil, the US's largest oil and gas producer, managed to stay in the index.

Knowledge Entities:
Tesla
ESG
Exxon Mobil
environmental
Social
ESG Index
Marathon Petroleum
Massachusetts
Air pollution
University
Tesla Inc (TSLA)
May 20, 2022
observer.com
TickerTick API

“So, while Tesla’s S&P DJI ESG Score has remained fairly stable year-over-year, it was pushed further down the ranks relative to its global industry group peers.” John Streur, president and CEO of Calvert Research and Management and president of the Calvert funds, says there is “nothing about what we heard from S&P that would change our mind about Tesla.” Calvert, a pioneer and leader in responsible investing since 1982, with $37.2 billion under management as of March 30, owns Tesla stock in several of its indexes and funds, including the Calvert U.S. Large-Cap Core Responsible Index Fund (CISIX) and Calvert Global Energy Solutions Fund (CAEIX). “The fact that Tesla gets rated either high or low on ESG says nothing about Tesla’s transformational impact on the auto market.” With many firms offering ESG scores, it can be challenging for investors to differentiate among them. Amber Fairbanks, portfolio manager at Mirova, the sustainable investing affiliate of Natixis Investment Managers, says she understands how people can be critical of ESG after seeing the news about Tesla, as “it just doesn’t make a lot of sense.” While Tesla was cut from the index, Exxon Mobil (XOM) was added this year, raising some eyebrows. S&P Dow Jones Indices’ decision this week to boot Tesla from the S&P 500 ESG Index has cast a harsh light on the role that environmental, social, and governance, or ESG ratings play in scoring companies as positive for the planet. This week, S&P Global’s (SPGI) S&P Dow Jones Indices division said that Tesla (TSLA), which CEO Elon Musk says he founded to put the world on a path to a sustainable-energy future, doesn’t have a comprehensive low-carbon strategy and no longer qualifies for inclusion in the S&P 500 ESG Index (SPXESUP).

Knowledge Entities:
ESG
Tesla
Calvert
P Dow Jones Indices
ESG ratings
Management
Inclusion
president
companies
P 500 ESG Index
Tesla Inc (TSLA)
May 20, 2022
marketwatch.com
TickerTick API

“So, while Tesla’s S&P DJI ESG Score has remained fairly stable year-over-year, it was pushed further down the ranks relative to its global industry group peers.” John Streur, president and CEO of Calvert Research and Management and president of the Calvert funds, says there is “nothing about what we heard from S&P that would change our mind about Tesla.” Calvert, a pioneer and leader in responsible investing since 1982, with $37.2 billion under management as of March 30, owns Tesla stock in several of its indexes and funds, including the Calvert U.S. Large-Cap Core Responsible Index Fund (CISIX) and Calvert Global Energy Solutions Fund (CAEIX). “The fact that Tesla gets rated either high or low on ESG says nothing about Tesla’s transformational impact on the auto market.” With many firms offering ESG scores, it can be challenging for investors to differentiate among them. Amber Fairbanks, portfolio manager at Mirova, the sustainable investing affiliate of Natixis Investment Managers, says she understands how people can be critical of ESG after seeing the news about Tesla, as “it just doesn’t make a lot of sense.” While Tesla was cut from the index, Exxon Mobil (XOM) was added this year, raising some eyebrows. view original post S&P Dow Jones Indices’ decision this week to boot Tesla from the S&P 500 ESG Index has cast a harsh light on the role that environmental, social, and governance, or ESG ratings play in scoring companies as positive for the planet. This week, S&P Global’s (SPGI) S&P Dow Jones Indices division said that Tesla (TSLA), which CEO Elon Musk says he founded to put the world on a path to a sustainable-energy future, doesn’t have a comprehensive low-carbon strategy and no longer qualifies for inclusion in the S&P 500 ESG Index (SPXESUP).

Knowledge Entities:
ESG
Tesla
Calvert
P Dow Jones Indices
ESG ratings
Management
Inclusion
companies
president
P 500 ESG Index
Tesla Inc (TSLA)
May 20, 2022
tradersville.net
TickerTick API

Elon Musk appears to have gotten cold feet about buying Twitter, and is now serving up the excuse that they are putting forth false statistics on user numbers, while offering up that 20% of their accounts are fake or spam versus the company’s claim they are under 5% despite Musk having no proof o...

Knowledge Entities:
Twitter
.” Musk
Elon Musk
Number
AFP
Getty Images
securities
Recession
Offering
Tesla
Twitter Inc (TWTR)
May 20, 2022
forbes.com
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Exxon (XOM) announced Thursday that the company has signed an agreement with BKV Corporation for the sale of non-operated gas assets in the Barnett shale basin. The deal is expected…

Knowledge Entities:
Sale
Deal
Expected
Agreement
XOM
Exxon Mobil (XOM)
May 19, 2022
Seeking Alpha
IEX API

Exxon Mobil Corp on Thursday said it signed a deal to sell north Texas natural gas properties to BKV Corp for $750 million plus addition payments based on future gas prices. Denver-based BKV Corp is majority owned by Thai energy firm Banpu PCL and among the largest natural gas producers now operating in the Barnett […]

Knowledge Entities:
BKV
Texas
Exxon Mobil Corp.
operating
Denver
Deal
Exxon Mobil (XOM)
May 19, 2022
yahoo.com
IEX API

The transaction supports the oil major''s corporate strategy to prioritize investments on advantaged assets with lowest cost of supply.

Knowledge Entities:
Exxon Mobil
Supply
Exxon Mobil (XOM)
May 19, 2022
Hart Energy
IEX API

IRVING, Texas  ExxonMobil said today it signed an agreement with subsidiaries of BKV Corporation for the sale of operated and non-operated Barnett Shale gas assets in Texas for $750 million with additional payments contingent on future natural gas prices.

Knowledge Entities:
Barnett Shale
ExxonMobil
Texas
Agreement
Irving
Sale
Exxon Mobil (XOM)
May 19, 2022
Exxon Mobil
IEX API

Related Stocks: EFA , VEEV , IWM , VTV , XOM ,

Knowledge Entities:
Trust Co.
XOM
EFA
VTV
Exxon Mobil (XOM)
May 19, 2022
GuruFocus
IEX API

The billionaire railed against E.S.G. after Tesla was dropped from a popular index.

Knowledge Entities:
E.S.G.
.” Musk
Tesla
Elon Musk
Social
scam
follow environmental
Corporate America
Vice President –
Fossil Fuels
Tesla Inc (TSLA)
May 19, 2022
nytimes.com
TickerTick API

Popular money manager and Tesla Inc (NASDAQ: TSLA) bull Cathie Wood on Wednesday slammed the move to boot the EV maker from the S&P 500's ESG Index after its billionaire CEO Elon Musk called

Knowledge Entities:
Tesla
.” Musk
ESG
Wood
ESG Index
Elon Musk
P 500
Cathie Wood
Social
EV maker
Tesla Inc (TSLA)
May 19, 2022
benzinga.com
TickerTick API

After the news related to Tesla, Musk said that the S&P Globals Ratings have lost their integrity while calling the entire ESG thing a scam.

Knowledge Entities:
ESG
Tesla
.” Musk
P 500
Musk said
Integrity
Elon Musk
scam
cut
ire
Tesla Inc (TSLA)
May 19, 2022
coinspeaker.com
TickerTick API

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