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How ExxonMobil's Long-Term Strategy Offers Stability Amid Volatility
ExxonMobilExxonMobil(US:XOM) ZACKSยท2025-06-24 15:05

Group 1 - Exxon Mobil Corporation (XOM) is initiating 10 large energy projects this year across oil, gas, chemicals, and low-carbon solutions, expected to add over $3 billion in earnings by 2026 [1][8] - A notable project is XOM's new chemical plant in China, described as the most complex to date, built faster and cheaper than anticipated, and will supply chemical products directly to the Chinese market without tariffs [2][8] - XOM's strategy focuses on steady growth through innovation, technology, and scale, allowing the company to generate significant earnings even in challenging business environments [3][8] Group 2 - BP plc (BP) has commenced three key oil and gas projects, expecting a combined production of 100,000 barrels per day, as part of a broader goal to increase total output by 250,000 barrels per day by 2027 [5] - Chevron Corporation (CVX) has started production at its Ballymore oil field in the Gulf of Mexico, which will eventually add 300,000 barrels per day, along with a significant natural gas project off the coast of Cyprus [6] Group 3 - XOM shares have gained 1.6% over the past year, outperforming the 2% decline of the industry composite stocks [7] - XOM's current valuation shows a trailing 12-month enterprise value to EBITDA (EV/EBITDA) of 6.92X, above the industry average of 4.19X [10]