Exxon Mobil posted strong fourth quarter profits as the oil and gas company increased production in the Permian basin at home ...

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

Exxon Mobil (NYSE:XOM) +0.4% pre-market Friday after reporting Q4 adjusted earnings that were roughly flat compared with the ...

ExxonMobil reported fourth-quarter earnings that beat analyst expectations, driven by record production in the Permian Basin and Guyana, despite lower refining margins.

ExxonMobil and Chevron are prioritizing their most profitable oil and gas assets. The Permian Basin, Guyana, Kazakhstan, and large LNG projects are driving future cash flow growth for the oil majors.

Chevron Chief Executive Mike Wirth on Wednesday said the company expects more crude oil production from its Permian Basin holdings and pointed to payoffs from its assets in Kazakhstan and Guyana.

XOM stock is trading at a 6.64x trailing 12-month EV/EBITDA; the broader industry average is currently 4.19x. Over the past year, XOM has risen 20%, significantly outpacing the 15.9% jump of ...

With 5.4Mboed in 2030 output, driven by margin-accretive Guyana and Permian production, Exxon looks well positioned to deliver profitable growth well into the next decade. With multiples looking ...