Exxon Mobil Corporation (XOM)
Exxon Mobil: The Next Big Energy Cycle Winner
Exxon Mobil targets 50% production growth by 2030, with Permian output rising from 1.5M to 2.3M barrels/day and Guyana reaching 650K barrels/day. Exxon reported $34B in earnings and $55B in operating cash flow in 2024, maintaining a 15% five-year average ROCE. The $3B annual synergies from integrating Pioneer assets enhance Exxon's cost efficiency and long-term production scalability.
Exxon to expand oil and gas output in Guyana, seeks permit for Longtail project
A consortium led by Exxon Mobil is getting ready for a very active year for exploration and production in Guyana amid upgrades that expanded the capacity of some of its floating facilities and the expected arrival of a fourth vessel, the head of the U.S. oil major in Guyana said on Wednesday.
Exxon Mobil: Big Margin Of Safety
Exxon Mobil Corp. beat 4Q24 profit estimates due to higher output in key projects like the Permian and Guyana, and is well-positioned for AI-driven energy demand. The company earned $1.67 per share in 4Q24, exceeding estimates, with strong earnings and free cash flow despite a 6% YoY profit decrease. Exxon Mobil Corp. is a free cash flow leader with $34.4 billion in 2024, benefiting from AI data center demand, poised to grow 19% annually.
ExxonMobil After Q4 Earnings: Should You Hold the Stock or Sell it?
In addition to its traditional upstream and downstream energy operations, XOM is entering the lithium market, a major component in electric vehicle batteries.
Exxon Mobil Corporation (XOM) Is a Trending Stock: Facts to Know Before Betting on It
Exxon (XOM) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
ExxonMobil Has Built a Juggernaut in the Oil Patch
ExxonMobil (XOM 0.24%) has built a premier oil company. The energy giant has an unrivaled asset base.
Exxon Enters the Electricity Business, Takes a Swipe at Nuclear
Exxon says it can compete with nuclear, because the gas power plants it intends to build would capture carbon emissions.
Exxon (XOM) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates
The headline numbers for Exxon (XOM) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
ExxonMobil Expands Guyana Oil Output, Eyes 2.3M BPD by 2030
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 reservoirs in the Stabroek Block.
Exxon Mobil Is A Bet On The Growth Story
Exxon Mobil's strong 2024 performance includes 4.3 million barrels/day production, $34 billion GAAP earnings, and a 3.7% dividend yield, supporting long-term shareholder returns. The company's capital allocation strategy involves $10s of billions in projects starting in 2025, including CCS, LNG, and deepwater oil, driving diversified growth. Exxon Mobil plans 20% production growth by 2030, with substantial cost savings and cash flow increases, ensuring robust shareholder returns.
Exxon Mobil: Not The Place To Be If You Are 'Seeking Alpha'
Exxon Mobil's Q4 earnings slightly exceeded estimates, but the stock remains expensive with a low FCF yield, making share buybacks a poor use of capital. Despite operational achievements in Guyana and the Permian, XOM's stock performance has lagged, up only 2% in 18 months versus the S&P 500's 37%. Alternative investments in my "DIY Supermajor" comprised of Diamondback Energy, Devon Energy, Marathon Petroleum, and Phillips 66 have shown superior returns compared to XOM.
ExxonMobil Dominated Last Year, Delivering 1 of Its Best Performances of the Past 10 Years
ExxonMobil (XOM -2.50%) is a powerhouse in the oil patch. The oil giant delivered an industry-leading financial performance last year, producing over $33 billion in earnings and $55 billion in cash flow from operations.
