Exxon Mobil on Friday beat Wall Street's estimate for fourth-quarter profit as higher oil and gas production offset lower oil ...

Exxon Mobil’s fourth-quarter adjusted profit managed to beat Wall Street’s expectations, as the oil and gas company increased ...

CNBC's Becky Quick reports on the company's quarterly earnings results.

Darren Woods, Chairman and CEO, highlighted that Exxon Mobil achieved earnings of $34 billion in 2024, marking its third-highest result in the past decade despite softer market conditions. Cash flow ...

Production in both the US Permian shale basin and Guyana reached a record high, with Guyana volumes recovering after ...

ExxonMobil reported fourth-quarter earnings that beat analyst expectations, driven by record production in the Permian Basin ...

Management is anticipating spending between $27-29b in capital investments in eFY25 with a focus on Permian and Guyana production. Exxon Mobil anticipates $20B in additional earnings and $30B in ...

The president, instead, should be working overtime with his team (even with the political opposition) to craft a strategy that brings Guyana and drags Exxon to the table of discussion about this oil.

This is thanks to over 70% of upstream investment going toward the Permian, Guyana, and LNG, where Exxon has realized material capital efficiency gains. These areas should also deliver margin ...

Exxon said the increase would be driven by higher production in Permian and Guyana. In the Permian, the supermajor eyes output reaching 2.3 million barrels daily while the Guyana operations should ...

The Petroleum Agreement between the Government of Guyana (GOG) and EEPGL (Exxon) is again being discussed in a way that ignores clear legal principles and a sensible look from a realistic perspective.

The case is the final hurdle in Chevron’s $53 billion deal to buy Hess, which was agreed more than a year ago. Exxon, which operates Guyana’s Stabroek Block and owns a 45% stake, claims to ...