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Guyana, ExxonMobil and permian basin
ExxonMobil books over $7.3 billion profit on record Permian and Guyana production
Production in both the US Permian shale basin and Guyana reached a record high, with Guyana volumes recovering after maintenance during last quarter. Overall production was just above 4.6 million barrels of oil equivalent per day in the fourth quarter, and 4.3 million boepd for the full year.
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 Beats Q4 Estimates With Higher Permian, Guyana Output
HOUSTON - 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. Fourth quarter profit was $7.
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.
42m
on MSN
ExxonMobil exceeds profit expectations despite lower oil prices
Exxon Mobil Corporation exceeded Wall Street’s expectations for its fourth-quarter profit, reporting strong financial results ...
23h
ExxonMobil and Chevron Q4 preview: Double-digit fall in profit likely, outlook in focus
U.S. oil majors ExxonMobil (XOM) and Chevron (CVX) are expected to report a double-digit decline in profit amid falling ...
3d
on MSN
ExxonMobil's lobbyists allegedly got hackers to target climate activists
A man arrested in London in April and charged with hacking claimed that the scheme happened under the orders of Exxon and its ...
1d
ExxonMobil Launches Natural Gas Exploration Project Offshore Cyprus
XOM begins exploratory drilling offshore Cyprus at the Electra prospect. The region has shown promising results, as ...
9d
on MSN
Are ExxonMobil and Chevron the Best High-Yield Energy Stocks to Buy Now That Oil Just Topped $80 per Barrel?
In December, ExxonMobil updated its corporate plan, including new cost savings targets, earnings and cash-flow expectations, ...
Hydrocarbon Processing
3d
ExxonMobil’s next-generation H2 burner can help decarbonize a key industry
At its olefins plant in Baytown, Texas, ExxonMobil has designed and installed pyrolysis burners that can operate on up to 100 ...
6d
ExxonMobil launches 'promising' exploration well off Cyprus, President says
ExxonMobil and Qatar Energy on Friday began exploratory drilling for natural gas in a prospect west of Cyprus, Cyprus ...
5d
on MSN
All It Takes Is $3,000 Invested in Each of These 3 Ultra-Safe Dividend Stocks to Help Generate Over $280 in Passive Income in 2025
ExxonMobil ( XOM -1.35%), United Parcel Service ( UPS -0.43%), and American States Water ( AWR -0.92%) are three ...
GlobalData on MSN
4d
ExxonMobil, Qatar Energy start drilling for natural gas in Cyprus
ExxonMobil, in partnership with Qatar Energy, has commenced exploratory drilling for natural gas off the coast of Cyprus, ...
36m
ExxonMobil Announces 2024 Results
Exxon Mobil Corporation today announced fourth-quarter 2024 earnings of $7.6 billion, or $1.72 per share assuming dilution. Cash flow from operating activities was $12.2 billion a ...
1d
ExxonMobil's Q4 Earnings Coming Up: Is the Stock Worth Holding on to?
The acquisition of Pioneer Natural boosts XOM's production capabilities in the Permian Basin due to its exceptionally low production costs.
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Cyprus
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