ExxonMobil(US:XOM) ZACKSยท2025-08-14 15:26Group 1: Exxon Mobil Corporation (XOM) Strategy and Investments - Exxon Mobil Corporation has integrated its low-carbon strategy into its core operations, aiming for net-zero (Scope 1 & 2) emissions from operated assets by 2050 and from Permian operations by 2030 [1][10] - The company plans to invest $30 billion in Lower Carbon Solutions from 2025 to 2030, focusing on carbon capture and storage (CCS), low-carbon hydrogen, and ammonia [2][10] - ExxonMobil controls over 1,500 miles of CO2 pipelines, the largest CO2 pipeline network in the United States, and its solutions could help reduce third-party emissions by over 50 million tons annually by 2030 [2] Group 2: Specific Projects and Developments - At Baytown, Texas, ExxonMobil plans to install a low-carbon hydrogen plant capable of producing up to 1 billion cubic feet per day of hydrogen, with over 98% of associated CO2 captured and up to 10 million tons of CO2 handled via CCS [3][10] - The portfolio includes lithium development in Arkansas, aiming for first production in 2027 and supplying approximately 1 million electric vehicles per year by 2030 [3] Group 3: Competitors' Commitments - Chevron has committed $10 billion through 2028 to advance low-carbon initiatives, targeting production of 100,000 barrels per day of renewable fuels and capturing 25 million tons of CO2 [5] - Shell aims to invest $10-$15 billion between 2023 and 2025 in low-carbon energy, focusing on electric vehicle charging, renewable power, and hydrogen infrastructure [6] Group 4: Financial Performance and Valuation - Shares of ExxonMobil have lost 9.4% over the past year, compared to the industry's 3.6% decline [9] - ExxonMobil trades at a trailing 12-month enterprise value to EBITDA (EV/EBITDA) of 6.92X, above the broader industry average of 4.27X [11] - The Zacks Consensus Estimate for ExxonMobil's 2025 earnings has been revised upward over the past 30 days, with current estimates at $6.59 for the current year and $7.44 for the next year [13][14]