Engine No. 1 Is All Talk, No Strategy for XOM

Engine No. 1 Is All Talk, No Strategy for XOM
AP Photo/Richard Drew, File
The tell: No specific recommendations on how Exxon should become a leader in profitable clean-energy production
What does Engine No. 1’s recent proxy fight at Exxon Mobil have in common with the insane trading in GameStop and AMC common stock that occurred during the pandemic? The answer is that they all garnered lots of media attention but accomplished nothing.   

 

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