XOM is ramping up oil production in Guyana. It aims to reach 2.3 million barrels per day by 2030 as it taps into 40 ...
Q4 2024 Management View Darren Woods, Chairman and CEO, highlighted that Exxon Mobil achieved earnings of $34 billion in 2024 ...
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 on Friday beat Wall Street's estimate for fourth-quarter profit as higher oil and gas production offset lower oil ...
By Sheila Dang HOUSTON - Exxon Mobil on Friday beat Wall Street's estimate for fourth-quarter profit as higher oil and gas ...
Exxon Mobil Corporation (NYSE:XOM) explores and produces crude oil and natural gas in the United States and internationally.
Exxon Mobil Corporation has completed the acquisition of the American oil and gas company Pioneer Natural Resources Company after receiving permission from the US Federal Trade Commission (FTC). This ...
Woods has argued that new oil projects in Guyana and the Permian Basin, along with liquefied natural gas investments, have ...
such as the acquisition of Pioneer Natural Resources (completed in May 2024). This merger is anticipated to further bolster ExxonMobil's reserves and production capabilities. In terms of financial ...
Exxon got even bigger in 2024, completing its $60bn all-share acquisition of Pioneer Natural Resources for its Guyana and Permian basin assets. This drove production up and added $340mn in earnings in ...
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