Key Takeaways ExxonMobil signed a deal to explore 2,700 sq miles of deepwater acreage off Trinidad's east coast.XOM sees potential to repeat its offshore Guyana success in Trinidad's geological setting.Surveys start within six months, with drilling to follow, leveraging Guyana-Trinidad infrastructure.Exxon Mobil Corporation (XOM) has inked an agreement to explore a vast deepwater acreage offshore Trinidad and Tobago, marking a significant expansion of its Caribbean presence, per a Reuters report. The area, ...

Exxon has signed a deal to explore for oil and gas off the coast of Trinidad and Tobago, a decade after making the world’s largest discovery in a generation in nearby Guyana https://t.co/042Fp3V0Z2 ...

BMO将埃克森美孚的目标价从124美元下调至121美元，将雪佛龙的目标价从165美元上调至170美元。 (格隆汇) ...

国家税务总局深圳市龙岗区税务局干部，为低空经济企业 讲解税费政策。 麻 慧摄 踏进广东省佛山市顺德区银星服务机器人智能产业园大门，映入眼帘的是一座科技感十足、环境优美的 校园式园区。说起园区建设，还有段小插曲：项目前期设计规划耗时较长，企业提出，竣工验收涉及部 门多，能尽快安排吗？ 佛山市高明区沧江工业园外景。 高明区荷城街道办事处供图 惠州市惠东县中洞村驻村干部施海杰（左二）调研茶叶种 植情况。 张立凯摄 了解到企业诉求，时任顺德区招商局副局长的海玉宝第一时间协调消防部门预审，联系人防办反馈联合 验收申报事项……1个多月后，园区顺利投产。 竣工即投产的高效，是广东省党员干部担当作为、服务经济发展的一个缩影。广东省委出台激励广大干 部在新时代改革开放中新担当新作为的实施意见，着力完善考核体系，鲜明树立重担当、重实干、重实 绩导向，推动全省各级党组织和广大党员干部挺膺担当、奋发作为。今年上半年，广东经济总量超6.8 万亿元，这背后是广大党员干部"闯"的精神、"创"的劲头、"干"的作风。 实体经济为本，制造业当家。广东工业规模约占全国1/8，拥有全部31个制造业大类。挑大梁，传统制 造业转型升级是关键。 前段时间 ...

Group 1 - Exxon Mobil Corporation has commenced production at the Yellowtail development in the Stabroek Block, offshore Guyana, with the One Guyana FPSO contributing to a total capacity exceeding 900,000 barrels of oil per day [1][9] - The One Guyana FPSO, the largest in the Stabroek Block, has a production capacity of approximately 250,000 barrels per day and can store up to 2 million barrels of crude [2] - The start of production from the fourth FPSO is a significant milestone for ExxonMobil and its partners, moving closer to a target production capacity of 1.7 million barrels of oil equivalent per day by 2030 [4] Group 2 - The Stabroek Block is operated by a consortium including ExxonMobil, Hess Corporation, and China's CNOOC, with Chevron Corporation now having access to its vast reserves following the acquisition of Hess [3] - The crude oil produced from the One Guyana FPSO will be marketed as "Golden Arrowhead" crude [3] - The Stabroek Block has become one of the most prolific hydrocarbon-producing regions in Latin America, significantly enhancing profits for ExxonMobil and its partners [4]

Core Insights - ExxonMobil has successfully launched its fourth deepwater project, Yellowtail, which has a production capacity of 250,000 barrels of oil per day (bpd), increasing the total Stabroek capacity to 900,000 bpd, surpassing previous expectations [3][4] - The Yellowtail project is a significant milestone for ExxonMobil and reflects the company's commitment to long-term growth in Guyana, with over 67% of the oil-and-gas workforce being Guyanese and more than 2,000 local businesses involved [4] - The Stabroek operations are on track to reach a production capacity of 1.7 million bpd by 2030, positioning Guyana among the top 15 oil-producing nations globally [4] Company Operations - ExxonMobil operates the Stabroek consortium with a 45% working interest, while CNOOC holds 25% and Chevron owns 30% following a successful arbitration case [6] - The Yellowtail operations utilize the ONE GUYANA floating production, storage, and offloading (FPSO) vessel, which has a storage capacity of 2 million barrels and an initial production capacity of 250,000 bpd [7] Economic Impact - Guyana has become the fastest-growing economy globally since 2020, with the government generating $6.2 billion in revenues by the end of 2024, and projections indicate revenues could reach $10 billion annually by 2030 [8][9] - Cumulative investments by the consortium partners in Guyana have reached $55 billion, with expectations for continued growth as the project expands [9]

Group 1 - Exxon Mobil Corporation (XOM) generates the majority of its revenues from upstream operations, with a strong presence in offshore Guyana and the Permian Basin, indicating a positive business outlook [1] - XOM has discovered nearly 11 billion barrels of oil off the coast of Guyana, marking the largest oil discovery globally in the last 15 years, with current production from three active projects at approximately 650,000 barrels per day [2][6] - By 2030, XOM expects to have eight projects in Guyana producing a combined total of 1.7 million barrels of oil equivalent per day (MMBoE/D) [2][6] Group 2 - In the Permian Basin, XOM is utilizing advanced technology to enhance oil recovery, projecting production to increase from 1.6 MMBoE/D to 2.3 MMBoE/D by the end of the decade [3] - Chevron (CVX) and Diamondback Energy, Inc. (FANG) also have significant operations in the Permian, with CVX holding over 2 million net acres and FANG being a pure-play operator with a strong production outlook [4] Group 3 - XOM shares have declined by 7.7% over the past year, contrasting with a 1.4% rise in the industry [5][6] - The company trades at a trailing 12-month enterprise value to EBITDA (EV/EBITDA) of 6.89X, which is above the industry average of 4.30X [7] - The Zacks Consensus Estimate for XOM's 2025 earnings has been revised upward in the past week [9]

Core Insights - ExxonMobil Guyana has commenced production at the Yellowtail development in the Stabroek block, increasing total installed capacity in Guyana to over 900,000 barrels per day [1][4] - The ONE GUYANA FPSO will average 250,000 barrels of oil per day and has a storage capacity of two million barrels [2] - By 2030, ExxonMobil aims to achieve 1.7 million oil-equivalent barrels per day from eight deepwater projects, leveraging successful offshore mega-projects completed ahead of schedule and under budget [4] Company Operations - The ONE GUYANA FPSO is the largest on the Stabroek block and is part of a fleet that includes Destiny, Unity, and Prosperity FPSOs [1][2] - Over 67% of the workforce involved in the Yellowtail project is Guyanese, with more than 2,000 local businesses participating [3] - ExxonMobil holds a 45% stake in the Stabroek block, with partners Hess Guyana Exploration Ltd. at 30% and CNOOC Petroleum Guyana Limited at 25% [4] Market Performance - XOM stock has experienced a decline of over 9% in the past year, but shares were trading higher by 1.30% to $107.43 recently [5]

Core Insights - Exxon Mobil reported better-than-expected earnings for its second quarter, benefiting from robust prices for its petroleum products despite a sequential decline [1] Financial Performance - The strong results in the company's production business were attributed to favorable pricing conditions in the petroleum market [1]

Market Cap Comparison - Ethereum's market cap surpasses Exxon Mobil's [1] - Ethereum (ETH) market cap is $4707 billion [1] - Exxon Mobil (XOM) market cap is $45407 billion [1]