while emphasizing Exxon's superior growth prospects, particularly from its Guyana project and Permian Basin operations. He contrasts this with Chevron, which he believes lacks sufficient low-cost ...

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.

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 ...

Chevron Corp. plans to increase oil production by as much as 10% in the US Permian Basin this year despite reducing capital spending in the region, said Chief Executive Officer Mike Wirth.

while emphasizing Exxon's superior growth prospects, particularly from its Guyana project and Permian Basin operations. He contrasts this with Chevron, which he believes lacks sufficient low-cost ...

Dig deeper: Exxon, Chevron Yearly Profits Down The oil giants made record distributions to shareholders, as production rose in key regions such as the U.S. Permian Basin.

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 ...

The company became the largest oil producer in the Permian ... If Chevron proceeds, it would gain a foothold in Guyana's oil projects. While the deal has been approved by U.S. regulators, Exxon ...

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 ...