Group 1: Exxon Mobil's Exploration and Production Plans - Exxon Mobil Corporation, along with partners Hess Corporation and CNOOC, is seeking environmental permits for new exploration projects in Guyana, including the Longtail project, which will be the first to produce gas independently from oil production [1] - The company aims to increase its production capacity in Guyana to 940,000 barrels per day (bpd) this year, with plans to ramp up to over 1.7 million bpd by the end of 2029 [2] - The Longtail project is expected to add up to 250,000 bpd of crude and 1 billion cubic feet of gas per day to the consortium's production capacity [3] Group 2: Appraisal of Gas Reserves - The consortium has completed an appraisal of its gas reserves, which will help evaluate the total resources available for production and inform geological and reservoir models [4] - The findings from this study could support a significant development contract awarded to Fulcrum LNG for constructing Guyana's first LNG project [4] Group 3: Industry Context and Competitors - Exxon Mobil currently holds a Zacks Rank 3 (Hold), while competitors like SM Energy, Sunoco LP, and Archrock have better rankings, indicating potential investment opportunities in the energy sector [5] - SM Energy is focusing on expanding its oil operations, particularly in the Permian Basin and Eagle Ford regions, which is expected to positively impact its financial performance [6] - Sunoco LP is a major distributor of motor fuel in the U.S., providing consistent returns to unitholders through its distribution yield [7] - Archrock specializes in midstream natural gas compression services, generating stable fee-based revenues [8]

Core Viewpoint - Exxon Mobil (NYSE: XOM) has shown muted performance since the last bullish coverage, but its fundamentals have improved, prompting an increase in position [1] Group 1: Production Growth - Exxon Mobil is projected to achieve a 50% increase in production by 2030, with Permian output expected to rise from 1.5 million to 2.3 million barrels per day [1] Group 2: Investment Strategy - The investment approach focuses on GARP (Growth at a Reasonable Price) and value stocks, emphasizing high-quality businesses with strong competitive advantages and significant growth potential [1] - The strategy prioritizes fundamentals and seeks stocks that are trading at a discount to their intrinsic value, ensuring a clear margin of safety [1] - The long-term investment horizon is set at 5-7 years, aiming for wealth accumulation through compounding while emphasizing downside protection [1]

Core Insights - The US-India Strategic Partnership Forum (USISPF) has appointed Mr. Jack P. Williams, Senior Vice President of ExxonMobil, to its Board of Directors, highlighting the growing collaboration between the U.S. and India in the energy sector [1][2]. Group 1: Appointment and Background - Jack P. Williams has been with ExxonMobil since 2014, previously serving as Executive Vice President of ExxonMobil Production Company [2]. - He has extensive experience in the energy sector, having held various leadership roles, including President of XTO Energy Inc. and Vice President for Asia projects [3]. Group 2: Significance of the Appointment - Dr. Mukesh Aghi, President and CEO of USISPF, emphasized the importance of the U.S.-India energy partnership, which is crucial for India's energy security as it aims for a $5 trillion economy [4]. - The partnership is expected to enhance collaboration in policy, joint R&D, and private-sector engagement to improve energy access and climate resilience [4]. Group 3: Future Contributions - Jack Williams expressed his commitment to supporting the USISPF's mission and bringing insights on global energy sector developments and technology-driven solutions applicable to both India and the world [5].

Core Insights - Exxon Mobil Corporation (NYSE: XOM) exceeded profit estimates for Q4 2024, driven by increased output from significant capital projects such as those in the Permian Basin and Guyana [1] Group 1: Financial Performance - The company reported higher profits due to enhanced production capabilities [1] Group 2: Strategic Positioning - Exxon Mobil is well-positioned to meet the energy demands arising from the ongoing revolution in artificial intelligence-driven data centers [1]

Last Friday, Exxon Mobil Corporation (XOM) reported fourth-quarter 2024 earnings that exceeded expectations, driven by stellar production from Guyana and Permian, contributing to a strong business outlook.Find the latest earnings estimates and surprises on Zacks Earnings Calendar.Before analyzing the factors driving this positive outlook, let’s first review the fourth-quarter results.XOM’s Q4 Earnings SnapshotExxonMobil reported earnings per share of $1.67 (excluding identified items), which beat the Zacks ...

ExxonMobil (XOM 0.24%) has built a premier oil company. The energy giant has an unrivaled asset base. It controls a treasure trove of low-cost oil and gas around the world. The company also has an integrated products solutions business in chemicals and refining that enables it to maximize nearly every molecule of hydrocarbons it produces. The oil company's competitively advantaged asset base has enabled it to produce unrivaled earnings and returns compared to its peers in the oil patch. Here's a closer look ...

For the quarter ended December 2024, Exxon Mobil (XOM) reported revenue of $83.43 billion, down 1.1% over the same period last year. EPS came in at $1.67, compared to $2.48 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $87.12 billion, representing a surprise of -4.24%. The company delivered an EPS surprise of +7.74%, with the consensus EPS estimate being $1.55.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and ho ...

Exxon Mobil Corporation (XOM) is reinforcing its dominance in the Guyana offshore oil sector, with an objective to reach 2.3 million barrels per day (bpd) of production by 2030. The U.S. energy major continues to ramp up its operations in the Stabroek Block, one of the world’s most prolific oil discoveries in recent years.ExxonMobil’s rapid production growth in Guyana is fueled by 40 reservoirs that have been identified across its offshore Stabroek Block. Current production has already reached a record 650, ...

Retirement is complicated and you only get once chance to do it right. Don't miss out because you didn't know what was out there.The Retirement Forum provides actionable ideals, a high-yield safe retirement portfolio, and macroeconomic outlooks, all to help you maximize your capital and your income. We search the entire market to help you maximize returns.Exxon Mobil (NYSE: XOM ) is one of the largest publicly traded oil companies in the world, with an almost $500 billion market capitalization. The company ...

Exxon Mobil (NYSE: XOM ) recently reported Q4 earnings that slightly exceed analyst estimates. The company looks to continue to develop its FCF growth through the recently acquired Pioneer acreage while also driving developments in offshore Guyana.I am a Licensed Professional Engineer who works in the Nuclear Power industry. I use my professional working knowledge of the power/energy industries to aid in evaluating potential equities worthy of long-term investment. I invest in income producing equities and ...