ExxonMobil's Outlook Robust on Guyana Discoveries & Permian Presence

Core Insights - Exxon Mobil Corporation (XOM) has made a significant oil discovery of nearly 11 billion barrels offshore Guyana, marking the largest find globally in the last 15 years [2][6] - The company is currently operating three projects in Guyana, producing approximately 650,000 barrels per day, with plans to have eight projects online by 2030, targeting a total production of 1.7 million barrels of oil equivalent per day [2][6] - In the Permian Basin, XOM is utilizing advanced technology to enhance oil recovery, aiming for a production increase from 1.6 million barrels of oil equivalent per day to 2.3 million by the end of the decade [3][6] Company Performance - XOM's stock has seen a decline of 1.2% over the past year, contrasting with a 2.9% increase in the broader industry [5] - The company's current valuation stands at a trailing 12-month enterprise value to EBITDA (EV/EBITDA) ratio of 6.98, which is higher than the industry average of 4.29 [7] - The Zacks Consensus Estimate for XOM's earnings in 2025 has been revised upward in the past week, indicating positive sentiment among analysts [8]