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Guyana, Exxon and Permian
Exxon beats Q4 estimates with higher Permian, Guyana output
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. Its adjusted profit was $7.39 billion or $1.
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.
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 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 Mobil beats Q4 estimates with higher Permian, Guyana output
Exxon Mobil has today beaten Wall Street's estimate for fourth-quarter profit as higher oil and gas production offset lower oil prices and weaker refining margins.
6h
on MSN
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 ...
Dominican Today
3h
Dominican Republic and Guyana strengthen defense cooperation
The Dominican Republic and Guyana have signed a memorandum of understanding (MOU) to enhance strategic alliances and ...
Upstream
2h
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 ...
Biometric Companies
19h
Biometric voter verification not possible in short term: Guyana Elections Commission
The Guyana Elections Commission has again spoken about the lingering question of deploying a biometric voter verification ...
Guyana Chronicle
11h
Guyana’s agriculture sector gets major boost in 2025 budget
A substantial GY$13.3 billion is dedicated to revitalising the sugar industry, aiming to restore its significance as a key economic driver. The rice industry ...
2d
on MSN
Guyana's Matthew Nandu eager to emulate idols Chanderpaul, Hope
The 21-year-old has been appointed Guyana's vice-captain as they prepare to defend their four-day title in the West Indies ...
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Exxon
United States
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