Can Disciplined Cost Management Fuel ExxonMobil's Future?

Key Takeaways Exxon Mobil has cut $12.7B in structural costs since 2019, boosting efficiency and earnings stability. XOM aims to slash breakeven to $35/barrel by 2027 and $30/barrel by 2030 while maintaining investments. Despite a 1% stock dip, XOM trades at a 6.77X EV/EBITDA, above the industry average of 4.09X.Exxon Mobil Corporation (XOM) emphasizes making its business more efficient and resilient. This is clear from its last earnings call, where it stated that since 2019, it has reduced $12.7 billion ...