Exxon Mobil’s fourth-quarter adjusted profit managed to beat Wall Street’s expectations, as the oil and gas company increased ...
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 ...
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 ...
Production in both the US Permian shale basin and Guyana reached a record high, with Guyana volumes recovering after ...
Since 2019, the operator achieved $12.1 billion of cumulative Structural Cost Savings, including $2.4 billion of savings ...
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 ...