Exxon Has A Differentiated Permian Position Post-Pioneer Deal: Goldman Sachs Analyst

Goldman Sachs analyst Neil Mehta rated Exxon Mobil Corporation XOM Neutral and a price target of $125.Yesterday, the company unveiled its Corporate Plan to 2030, targeting an additional $20 billion in earnings and $30 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 $3 billion.ExxonMobil is targeting up to $30 billion in lower-emissions investments and will allocate $27 billion – ...