Exxon Plans Massive Lithium Plant in Arkansas to Improve Energy Transition Security for the U.S.

Fresh on the heels of buying Dallas based pipeline operator Denbury (DEN) for $4.9 billion, Exxon Mobil is planning to build one of the world’s largest lithium processing facilities in Arkansas according to people familiar with the matter the Wall Street Journal reported Thursday. The plant would have a capacity to produce 75,000 to 100,000 metric tons of lithium a year. This would equate to around 15% of all finished lithium produced globally last year at scale. Australia is the … Continue reading “Exxon Plans Massive Lithium Plant in Arkansas to Improve Energy Transition Security for the U.S.”

DocuSign Raises Guidance as eSignature Software Subscription Revenue Expands

DocuSign, leading provider of electronic signature technology reported better than expected Q2 earnings as digitization of documents continues to become standard practice. DocuSign reported that its subscription revenue rose by 23% in the quarter, to $605.2 million. DocuSign also reported billings of $647.7 million, up 9% from a year ago. DocuSign’s is in transition following the resignation of longtime CEO Dan Springer in June. Springer led the company through its initial public offering.  Docusign Inc NASDAQ: DOCU Reported Earnings After … Continue reading “DocuSign Raises Guidance as eSignature Software Subscription Revenue Expands”