Unconventional development technology in one of its primary unconventional plays led to a strong fourth quarter for ExxonMobil. The multinational giant reported earnings of $7.61 billion or $1.72 per ...
Exxon Mobil’s fourth-quarter adjusted profit managed to beat Wall Street’s expectations, as the oil and gas company increased ...
ExxonMobil surpassed earnings expectations, but revenue fell short, highlighting the fourth quarter's achievements and ...
In the Permian Basin, he said, ExxonMobil delivered record production from both its Heritage ExxonMobil assets and the Pioneer Natural Resources assets from that acquisition last year.
ExxonMobil 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 ...
Both XOM and CVX faced downward pressure following their Q4 release, reflecting broader market concerns over refining margins and oil price volatility.
Exxon Mobil's fourth-quarter profit tops expectations as production jumps in the Permian basin and Guyana.
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 ...
Since 2019, the operator achieved $12.1 billion of cumulative Structural Cost Savings, including $2.4 billion of savings ...
Exxon Mobil's (XOM) earnings report exceeded fourth quarter expectations, driven by higher oil (CL=F, BZ=F) and gas (RB=F) ...
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 ...