Exxon Mobil Corporation (XOM)
Guyana waiting for Exxon's gas development plans until end of March, VP says
Guyana's government expects a consortium led by U.S. oil major Exxon Mobil to brief officials by the end of March on plans to develop offshore gas, the country's vice president told Reuters.
Exxon Mobil: Don't Forget Natural Gas
Exxon Mobil: Don't Forget Natural Gas
Exxon's Australian unit, partners invest nearly $200 million in gas project
U.S oil major Exxon Mobil's Australian unit announced on Monday a nearly $200 million investment in the Kipper 1B project in Gippsland Basin, alongside its partners - Mitsui and Woodside Energy.
Exxon plans large-scale gas project in oil-dominated Guyana
U.S. oil major Exxon Mobil is planning to increase natural gas output and supply in Guyana through a large-scale project announced on Wednesday, following the government's call for more gas to fuel onshore power and petrochemical projects.
Exxon's gas project in Guyana to include fertilizer plant, executive says
A large-scale gas project by Exxon Mobil in Guyana set to provide natural gas to shore and export liquefied natural gas (LNG) will also include fertilizer plants, the head of the U.S. oil major in Guyana, Alistair Routledge, said on Wednesday.
This Top Oil Stock Makes Another Big Move to Bolster Its Position Against Rivals ExxonMobil and Occidental Petroleum
There has been a flurry of acquisitions in the oil patch over the past couple of years . The biggest was ExxonMobil 's (NYSE: XOM) more than $60 billion megadeal for Pioneer Natural Resources to solidify its position in the oil-rich Permian Basin.
Exxon Mobil Corporation (XOM) is Attracting Investor Attention: Here is What You Should Know
Recently, Zacks.com users have been paying close attention to Exxon (XOM). This makes it worthwhile to examine what the stock has in store.
Exxon Mobil: A Low-Risk, High-Potential Energy Investment
Exxon Mobil reported strong Q4'24 earnings and free cash flow, driven by production growth from the Pioneer Natural Resources acquisition, despite lower petroleum prices. I maintain a strong buy rating for Exxon Mobil due to its robust free cash flow, reasonable valuation, and growth potential in the Permian Basin. Exxon Mobil generated $8.0B in free cash flow in Q4'24, showing flat FCF growth due to higher production volumes offsetting pricing weakness.
ExxonMobil Seeks Permits to Expand Oil and Gas Operations in Guyana
XOM is gearing up for its eighth project in Guyana, known as the Longtail project, which will be the first one to produce gas that is not tied to oil production.
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.
