Exxon, Guyana 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.
Exxon Tops Q4 Estimates as Permian and Guyana Production Soar
Exxon said over 50% of its 2024 production came from Permian, Guyana, and LNG and expects that share to exceed 60% by 2030. Exxon returned $36 billion to shareholders in 2024, backed by $36.2 billion in free cash flow. The company led the industry with a 12.7% return on capital employed.
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 Mobil projects Guyana production to reach 2.3M barrels per day by 2030
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 from operations reached $55 billion, with a return on capital employed of 13% for the year.
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.
Exxon Mobil's strong fourth quarter fueled by rising production in the Permian, Guyana
The results topped Wall Street expectations, though Exxon does not adjust its reported results based on one-time events such as asset sales. Analysts polled by Zacks Investment Research anticipated earnings of $1.
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 posts mixed Q4 results with higher oil production, weak refining profit
Exxon Mobil on Friday beat Wall Street's estimate for fourth-quarter profit as higher oil and gas production offset lower oil ...
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U.S. Supermajors Target Cash Flow Boosts
The Permian Basin, Guyana, Kazakhstan, and large LNG projects are driving future cash flow growth for the oil majors.
Exxon Q4 beats estimates on higher Permian, Guyana output
US oil giant Exxon Mobil fourth quarter profits beat estimates, despite weaker oil prices and refining margins, driven by ...