menu search

XOM / Exxon Mobil plans capex of at least $20 billion a year, including $15 billion in 6 years to cut greenhouse gases

Exxon Mobil plans capex of at least $20 billion a year, including $15 billion in 6 years to cut greenhouse gases
Exxon Mobil Corp. XOM, +0.96% said at its annual investor day that it plans capital investments of $21 billion to $24 billion in 2022, and $20 billion to $25 billion a year through 2027. The oil and gas giant said the investments will be directed toward "low-cost-of-supply" upstream projects in "unconventional, deepwater and LNG [liquid natural gas]," as well as other high-value products. Read More
Posted: Mar 2 2022, 06:58
Author Name: Market Watch
Views: 111559

XOM News  

Why ExxonMobil Stock Crushed the Market on Thursday

By The Motley Fool
November 2, 2023

Why ExxonMobil Stock Crushed the Market on Thursday

A large competitor boosted the amount of its share repurchase program. This reflected the generally robust health of the oil and gas industry. more_horizontal

Here is What to Know Beyond Why Exxon Mobil Corporation (XOM) is a Trending Stock

By Zacks Investment Research
October 31, 2023

Here is What to Know Beyond Why Exxon Mobil Corporation (XOM) is a Trending Stock

Zacks.com users have recently been watching Exxon (XOM) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects. more_horizontal

XOM Stock Buy Alert: Jump On This Generational Energy Opportunity

By InvestorPlace
October 31, 2023

XOM Stock Buy Alert: Jump On This Generational Energy Opportunity

It was only a few weeks ago when Exxon Mobil (NYSE: XOM ) agreed to acquire shale oil driller Pioneer Natural Resources (NYSE: PXD ). With that, Exxon more_horizontal

ExxonMobil Is Cashing In on Higher Crude Oil Prices

By The Motley Fool
October 29, 2023

ExxonMobil Is Cashing In on Higher Crude Oil Prices

Higher oil prices provided a big boost to Exxon's third-quarter earnings and free cash flow. The company's strong and growing free cash flow enabled i more_horizontal

Exxon Mobil: Why This Dividend Zombie Deserves A Look

By Seeking Alpha
October 28, 2023

Exxon Mobil: Why This Dividend Zombie Deserves A Look

Exxon Mobil is a dividend zombie, having paid uninterrupted dividends for 141 years. Despite missing Q3 earnings estimates, Exxon Mobil's share price more_horizontal

Exxon restarts coker at Baton Rouge, Louisiana refinery -sources

By Reuters
October 27, 2023

Exxon restarts coker at Baton Rouge, Louisiana refinery -sources

ExxonMobil restarted the coker on Thursday night at its 522,500 barrel-per-day (bpd) Baton Rouge, Louisiana refinery, people familiar with plant opera more_horizontal

Exxon Mobil: Risk/Reward Isn't Appealing With Profit Slump

By Seeking Alpha
October 27, 2023

Exxon Mobil: Risk/Reward Isn't Appealing With Profit Slump

Exxon Mobil Corporation missed analyst estimates for Q3 '23 after a major deal announcement, confirming a bearish outlook. The acquisition of Pioneer more_horizontal

Oil slide hits Exxon Mobil profits

By Fox Business
October 27, 2023

Oil slide hits Exxon Mobil profits

Exxon Mobil Corp reported a $9.1 billion third-quarter profit, about a 54% drop from record earnings a year ago. The decline comes as oil prices retre more_horizontal


Search within

Pages Search Results: