Group 1 - Exxon Mobil Corporation (XOM) generates the majority of its revenues from upstream operations, with a strong presence in offshore Guyana and the Permian Basin, indicating a positive business outlook [1] - XOM has discovered nearly 11 billion barrels of oil off the coast of Guyana, marking the largest oil discovery globally in the last 15 years, with current production from three active projects at approximately 650,000 barrels per day [2][6] - By 2030, XOM expects to have eight projects in Guyana producing a combined total of 1.7 million barrels of oil equivalent per day (MMBoE/D) [2][6] Group 2 - In the Permian Basin, XOM is utilizing advanced technology to enhance oil recovery, projecting production to increase from 1.6 MMBoE/D to 2.3 MMBoE/D by the end of the decade [3] - Chevron (CVX) and Diamondback Energy, Inc. (FANG) also have significant operations in the Permian, with CVX holding over 2 million net acres and FANG being a pure-play operator with a strong production outlook [4] Group 3 - XOM shares have declined by 7.7% over the past year, contrasting with a 1.4% rise in the industry [5][6] - The company trades at a trailing 12-month enterprise value to EBITDA (EV/EBITDA) of 6.89X, which is above the industry average of 4.30X [7] - The Zacks Consensus Estimate for XOM's 2025 earnings has been revised upward in the past week [9]