Exxon Mobil: Plans To Grow Earnings In Place
Summary
Exxon Mobil aims to grow earnings by $20B and cash flow by $30B by 2030, excluding M&A, under flat commodity prices. The...
Exxon Mobil aims to grow earnings by $20B and cash flow by $30B by 2030, excluding M&A, under flat commodity prices. The Guyana joint venture is a key driver, with FPSO expansions targeting 1.7 million barrels/day by 2030. Exxon Mobil's focus on advantaged products and cost-cutting has cushioned earnings.
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