Investors controlling over $100 billion worth of stock in ExxonMobil, Chevron, and Ultra Petroleum cast their votes to urge the companies to come clean on how fracking is impacting their bottom lines. After the SEC overruled Exxon’s attempt to exclude our resolution, 29.5% of investors voted their support for transparency on this issue. At Chevron, 27.9% of investors asked the oil and gas giant to disclose the financial risks and harmful community impacts of fracking. At Ultra Petroleum, 35.4% of shareholders supported our resolution on this issue. This is the third consecutive year that fracking votes have averaged more than 30%. |
