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Guyana, Exxon Mobil and Permian basin
Exxon Mobil projects Guyana production to reach 2.3M barrels per day by 2030
Q4 2024 Management View 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.
Exxon Mobil's strong fourth quarter fueled by rising production in the Permian, Guyana
Exxon Mobil posted strong fourth quarter profits as the oil and gas company increased production in the Permian basin at home, and in Guyana. The Texas company earned $7.61 billion, or $1.72 per share,
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.
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.
Oil
10h
ExxonMobil Guyana lets chemical contract for Uaru, Whiptail developments
ExxonMobil Guyana has let a contract to Baker Hughes to provide specialty chemicals and related services for its Uaru and ...
Trend News Agency
19h
Baker Hughes secures major contract to support ExxonMobil’s Guyana projects
BAKU, Azerbaijan, February 3. Baker Hughes has been awarded a significant multi-year contract by ExxonMobil Guyana to supply ...
20h
Baker Hughes Bags Multi-year Contract From ExxonMobil Guyana
Baker Hughes Company (BKR), an energy technology company, said on Monday that it has received a contract from ExxonMobil Guyana ...
3d
Exxon Posts Mixed Q4 Results With Higher Oil Production, Weak Refining Profit
HOUSTON - Exxon Mobil on Friday beat Wall Street's estimate for fourth-quarter profit as higher oil and gas production offset ...
Upstream
3d
ExxonMobil eyes earlier timeline for Yellowtail first oil offshore Guyana
Production in both the US Permian shale basin and Guyana reached a record high, with Guyana volumes recovering after ...
manilatimes
20h
Baker Hughes Secures Major Chemicals Award from ExxonMobil Guyana for FPSOs
Baker Hughes to supply production chemicals for Errea Wittu and Jaguar FPSOs Offshore developments feature combined 500,000 barrels per day capacity FLORENCE, Italy, Feb. 03, 2025 (GLOBE NEWSWIRE) -- ...
Crude Oil Prices
3d
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 ...
1d
ExxonMobil Dominated Last Year, Delivering 1 of Its Best Performances of the Past 10 Years
ExxonMobil (NYSE: XOM) is a powerhouse in the oil patch. The oil giant delivered an industry-leading financial performance ...
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