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GasBuddy News Article

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ExxonMobil must allow vote on fracturing disclosure

FuelFix -- The Securities and Exchange Commission has turned down a request from Exxon Mobil Corp. to omit a resolution on hydraulic fracturing disclosures from its proxy statement, opening the door for a vote on the proposal at the company’s annual shareholder meeting May 30.
“We are unable to concur in your view that Exxon Mobil may exclude the proposal,” the SEC wrote in its decision.
An investor activist group had asked Exxon Mobil shareholders to require the company to provide more information on how it manages risks related to hydraulic fracturing...


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Submitted Apr 05, 2012 By: Sneakers55
Category: Daily News Article Discussions > Topics Add to favorite topics  
Author Topic: ExxonMobil must allow vote on fracturing disclosure Back to Topics
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drpepperTX
Champion Author Texas

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Message Posted: Apr 10, 2012 9:20:27 PM

LOL, amusing the way the triuth gets under poster's like NHL's skin!

Like I always say, the truth shall set you free!
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NHLiveFree
Champion Author New Hampshire

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Message Posted: Apr 7, 2012 12:16:47 AM


It figures Mr. Exxon, aka docp...., would know all about his Big Oil stock.
He's the next best promoter of crude misinformation to the API.

SEC 1 - Exxon 0

Thanks Sneakers55, even if it is a blog rather than the AP or Reuters news article. The written guidelines for posting are rarely followed here anymore, and it is all arbitrary now.
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LetemEatCake
Champion Author Oklahoma City

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Message Posted: Apr 6, 2012 8:49:23 AM


This article is a blog. The first clue is in the address line:

http://fuelfix.com/blog/2012/04/04/exxon-mobil-must-allow-vote-on-fracturing-disclosure/

Not allowed under GB Submission Guidelines.
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1momsunshine
Champion Author Ottawa

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Message Posted: Apr 6, 2012 5:33:12 AM

OK
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TRYWI
All-Star Author Appleton

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Message Posted: Apr 6, 2012 3:00:58 AM

k
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uglytom
Champion Author Florida

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Message Posted: Apr 6, 2012 1:03:11 AM

Shouldn't be a problem.
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leraar2
Champion Author Massachusetts

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Message Posted: Apr 6, 2012 12:51:39 AM

what are they trying to hide???
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bl626
All-Star Author Toledo

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Message Posted: Apr 6, 2012 12:32:26 AM

some investors are worried and weary of this extractive method... are they willing to risk profits?
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Beaveronparade
Champion Author Hartford

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Message Posted: Apr 6, 2012 12:25:42 AM

Perhaps more studied are needed?
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JohnofGB
Champion Author Flint

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Message Posted: Apr 6, 2012 12:25:00 AM

Ah, the shareholder activist.
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mfeldstein
Champion Author Ottawa

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Message Posted: Apr 6, 2012 12:21:05 AM

Ban fracking.
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el_fr
Champion Author Massachusetts

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Message Posted: Apr 6, 2012 12:15:13 AM

Take the vote
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drpepperTX
Champion Author Texas

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Message Posted: Apr 6, 2012 12:15:10 AM

Most shareholders will proxy their votes with the Board of Director recommendations anyway.

Likely that's what happened last year when you read "Exxon Mobil spokesman Alan Jeffers said only 28 percent of shareholders voted to approve a similar resolution last year."
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cheapchickKY
Champion Author Lexington

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Message Posted: Apr 6, 2012 12:06:48 AM

Can they redact?
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cdrrod
Champion Author Wisconsin

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Message Posted: Apr 5, 2012 11:53:28 PM

This is a no brainer...
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ktbaeohana
Champion Author Las Vegas

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Message Posted: Apr 5, 2012 11:50:19 PM

Next time read it first.
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lesndave
Champion Author Texas

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Message Posted: Apr 5, 2012 10:51:30 PM

Hmmmm
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RRBC
Champion Author Victoria

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Message Posted: Apr 5, 2012 10:01:32 PM

looking forward to that info
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