Deals
Wall Street Analysts to Exxon: What’s With the Silent Treatment?
- Observers frustrated with lack of disclosure, executive access
- CEO unique in not being on in quarterly conference calls
Energy Stocks Sink Most Since March 2016
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Wall Street wants answers from Exxon Mobil Corp.
For at least a decade, Exxon’s top executives haven’t taken questions from Wall Street analysts during quarterly conference calls. Instead, Exxon only fields its vice president for investor relations, a unique practice among the top 10 S&P 500 Index companies and rival oil majors Royal Dutch Shell Plc, Chevron Corp., BP Plc and Total SA.