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Exxon Has A Differentiated Permian Position Post-Pioneer Deal: Goldman Sachs Analyst
XOMExxonMobil(XOM) Benzinga·2024-12-12 17:37

Goldman Sachs analyst Neil Mehta rated Exxon Mobil Corporation XOM Neutral and a price target of 125.Yesterday,thecompanyunveileditsCorporatePlanto2030,targetinganadditional125.Yesterday, the company unveiled its Corporate Plan to 2030, targeting an additional 20 billion in earnings and 30billionincashflowoverthenextsixyears.The2030goalsincludeincreasingPioneeracquisitionsynergiesby5030 billion in cash flow over the next six years.The 2030 goals include increasing Pioneer acquisition synergies by 50% to over 3 billion annually, growing new business earnings to 3billion.ExxonMobilistargetingupto3 billion.ExxonMobil is targeting up to 30 billion in lower-emissions investments and will allocate $27 billion – ...