That investment will grow output from its highest-margin assets, which will increase its earnings and free cash flow. Exxon also plans to deliver a cumulative $18 billion in cost savings by the end of ...
Exxon Mobil has today beaten Wall Street's estimate for fourth-quarter profit as higher oil and gas production offset lower oil prices and weaker refining margins.
While Exxon Mobil seems to be in a sweet spot as it prepares to announce its fourth-quarter earnings on Friday, investors have their doubts. On the positive side is that the Trump administration ...