Exxon, Guyana and permian basin

Exxon Mobil’s strong fourth quarter fueled by rising production in the Permian, Guyana
Exxon Mobil’s fourth-quarter adjusted profit managed to beat Wall Street’s expectations, as the oil and gas company increased production in Permian and Guyana.
Exxon edges higher as Q4 earnings top consensus; Permian, Guyana production hits record
Exxon Mobil (NYSE:XOM) +0.4% pre-market Friday after reporting Q4 adjusted earnings that were roughly flat compared with the year-earlier quarter but ahead of Wall Street estimates, driven by high-margin projects in the Permian Basin and Guyana.
Exxon Tops Q4 Estimates as Permian and Guyana Production Soar
Exxon said over 50% of its 2024 production came from Permian, Guyana, and LNG and expects that share to exceed 60% by 2030. Exxon returned $36 billion to shareholders in 2024, backed by $36.2 billion in free cash flow. The company led the industry with a 12.7% return on capital employed.
Exxon posts mixed Q4 results with higher oil production, weak refining profit
Exxon Mobil on Friday beat Wall Street's estimate for fourth-quarter profit as higher oil and gas production offset lower oil prices and weaker refining margins.
Record Permian and Guyana Output Helps Exxon Beat Q4 Earnings Estimates
ExxonMobil reported fourth-quarter earnings that beat analyst expectations, driven by record production in the Permian Basin and Guyana, despite lower refining margins.
Exxon beats Q4 estimates with higher Permian, Guyana output
By Sheila Dang HOUSTON - Exxon Mobil on Friday beat Wall Street's estimate for fourth-quarter profit as higher oil and gas ...
Upstream2d
ExxonMobil eyes earlier timeline for Yellowtail first oil offshore Guyana
Production in both the US Permian shale basin and Guyana reached a record high, with Guyana volumes recovering after ...
Exxon, Chevron earnings: Analyst eyes oil giants' free cash flows
Exxon Mobil's (XOM) earnings report exceeded fourth quarter expectations, driven by higher oil (CL=F, BZ=F) and gas (RB=F) ...
Oil2d
ExxonMobil sees annual earnings decrease alongside rise in production
Since 2019, the operator achieved $12.1 billion of cumulative Structural Cost Savings, including $2.4 billion of savings ...
Midland Reporter-Telegram on MSN8d
Enverus unveils 50 most prolific public operators
Manuj Nikhanj, Enverus chief executive officer, noted that in 2024 the top 10 public operators represented 56% of production ...
Exxon’s Rising Production Drives Earnings Beat Despite Oil Slide
Exxon Mobil Corp. beat earnings estimates as strong production growth cushioned the drop in oil prices and refining margins, ...
The Business Journals12d
ExxonMobil to invest $140B in Permian Basin, creates new fracking tech
ExxonMobil has increased its presence in the Permian Basin and is using new tech to boost its fracking efficiency. ExxonMobil Corp. (NYSE: XOM) is increasing its interest and investments in the ...
ExxonMobil Dominated Last Year, Delivering 1 of Its Best Performances of the Past 10 Years
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 ...