Exxon Mobil (NYSE:XOM) shares edged marginally higher pre-market Friday after posting Q4 adjusted earnings that beat Wall Street estimates, driven by record production in the Permian Basin and Guyana.
XOM's growth prospects are strong, but a few uncertainties surrounding the stock suggest investors may be better off not buying it at premium valuations.
Exxon Mobil posted strong fourth quarter profits as the oil and gas company increased production in the Permian basin at home, and in Guyana. The Texas company earned $7.61 billion, or $1.72 per ...
ExxonMobil (NYSE: XOM) booked consensus-beating earnings for the fourth quarter on the back of record Permian and Guyana production despite a widely expected profit decline amid lower commodity ...
NEW YORK (AP) — Exxon Mobil’s fourth-quarter profit tops expectations as production jumps in the Permian basin and Guyana. It was the first time in 12 years that Arlington has opened new land ...
Exxon (XOM) said more than 50% of production in 2024 came from the Permian Basin, Guyana, and from liquid natural gas, and the company anticipates that more than 60% of its volumes will be ...
particularly in areas like the Permian Basin and Guyana. Successes in these fields are essential for maintaining profitability. One of ExxonMobil's key initiatives is transitioning to lower ...
Its properties consist of acreage blocks in West Texas, Eddy County ... Latest Oil, Gas & Consumable Fuels and Exxon Mobil Corporation, Permian Resources Corporation Stock News As of January 30, 2025, ...