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Exxon Mobil CEO Darren Woods on Q4 results: 2025 production highest in 40 years
CNBC Television· 2026-01-30 15:10
Exon Mobile beating on both the top and the bottom lines. Joining us right now for an exclusive interview is Exxon Mobile's chairman and CEO, Darren Woods. Darren, welcome.Um, it's great to see you this morning. We know oil prices have been down, but how has Exxon been mo operating under those uh lower oil prices. >> Well, I think we had a, as you saw in the quarter, really strong quarter which topped off a really strong year as you said, oil prices down, commodity prices down across the year.That took abou ...
Exxon Mobil beats profit estimates on record production, cost savings
Proactiveinvestors NA· 2026-01-30 15:07
About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...
Hungary’s MOL Signs Broad Energy Cooperation Pact With Libya’s NOC
Yahoo Finance· 2026-01-30 14:53
Hungary’s MOL Group has signed a new strategic partnership with Libya’s National Oil Corporation (NOC), marking a fresh step in the company’s push to expand its international upstream footprint and diversify crude supply sources. The Memorandum of Understanding was signed in Budapest on January 30 by MOL Group Chairman and CEO Zsolt Hernádi and Masoud Suleman, Chairman of Libya’s NOC. The agreement establishes a framework for cooperation across hydrocarbons exploration and production, technological innova ...
ExxonMobil(XOM) - 2025 Q4 - Earnings Call Presentation
2026-01-30 14:30
Permian Basin, Texas 4Q 2025 Earnings Call ExxonMobil January 30, 2026 1 Cautionary statement FORWARD-LOOKING STATEMENTS. Statements of future events, conditions, expectations, plans, performance, earnings power, earnings growth at constant prices and margins, potential addressable markets, opportunities, ambitions, or results in this presentation or the subsequent discussion period are forward-looking statements. Similarly, discussions of future carbon capture, transportation, and storage, as well as lower ...
Angkor Resources Announces AGM Results and Appointment of New Director
Thenewswire· 2026-01-30 14:00
Core Viewpoint - ANGKOR RESOURCES CORP. held its Annual General Meeting on January 29, 2026, where all resolutions were approved, including the appointment of Dr. David Johnson to the Board of Directors and the strategic sale of oil and gas assets to reduce debt and fund growth initiatives in Cambodia [1][2][3]. Company Developments - A total of 96,855,431 common shares, approximately 47.78% of the outstanding shares, were voted at the Meeting, with over 99% in favor of the sale of oil and gas assets, which removed $3,800,000 in debt and provided $1,000,000 in net proceeds [3]. - The company aims to redirect resources towards the Cambodian onshore Block VIII Project for potential growth [3]. Board of Directors - Dr. David Johnson, a geoscientist with over 40 years of experience in exploration and production, was appointed to the Board, bringing extensive expertise from previous roles at major companies [4][7]. - The company also acknowledged the retirement of long-time directors Steve Cochrane and Scott Smith, thanking them for their contributions [7]. Financial Resolutions - The Meeting approved the reappointment of Davidson Company LLP as auditors and set the number of directors at six, electing nominees including Dr. Johnson [5]. - The sale of a 40% interest in the Evesham Macklin oil and gas lands for $4,800,000 was also approved [5]. Company Overview - ANGKOR RESOURCES CORP. is a public company listed on the TSX-Venture Exchange, focusing on mineral and energy solutions in Cambodia [8]. - The company’s mineral subsidiary holds two exploration licenses for copper and gold, while its energy subsidiary, EnerCam Resources, is advancing oil and gas exploration in Block VIII, covering over 4,095 square kilometers [9].
ExxonMobil's full-year profit dips on crude prices despite Q4 refining strength
Invezz· 2026-01-30 14:00
Core Viewpoint - ExxonMobil's full-year profit decreased in 2025 compared to 2024, primarily due to lower crude oil prices and reduced margins in its chemicals business, despite a strong Q4 performance driven by refining and high output from growth assets [1] Q4 Performance and Key Financials - Q4 2025 earnings per share (EPS) were $1.71, surpassing the consensus estimate of $1.68 - Revenue for Q4 reached $82.31 billion, exceeding the forecast of $81.04 billion, although it declined from the previous year - GAAP earnings for Q4 totaled $6.5 billion, translating to $1.53 per share - Operating activities generated $12.7 billion in cash flow, resulting in free cash flow of $5.6 billion [1][1][1] Operational Highlights and Growth Drivers - Annual earnings fell to $28.8 billion in 2025 from $33.7 billion in 2024, indicating challenges in profitability - The company achieved its highest full-year net production in over 40 years, reaching 4.7 million oil-equivalent barrels per day - Key production drivers included 1.6 million barrels per day from the Permian Basin and over 700,000 barrels per day from Guyana [1][1][1] Capital Allocation and Forward Guidance - The Energy Products segment's full-year earnings increased to $7.4 billion from $4.0 billion in 2024, driven by high refining margins and global throughput - ExxonMobil returned $37.2 billion to shareholders in 2025, including $17.2 billion in dividends and $20.0 billion in share repurchases - The company raised its quarterly dividend by 4%, marking 43 consecutive years of annual dividend-per-share growth - Capital expenditure guidance for 2026 is set between $27 billion and $29 billion, consistent with 2025 spending [1][1][1]
Delivra Health appoints former PepsiCo, Pernod Ricard executive to board
Proactiveinvestors NA· 2026-01-30 13:43
Company Overview - Proactive is a financial news publisher that provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The company has a team of experienced news journalists who produce independent content across various financial markets [2] Market Focus - Proactive specializes in medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - The content delivered by the team includes insights into sectors such as biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Technology Adoption - Proactive is recognized for its forward-looking approach and enthusiastic adoption of technology to enhance workflows [4] - The company utilizes automation and software tools, including generative AI, while ensuring that all published content is edited and authored by humans [5]
Canada's Imperial Oil posts lower fourth-quarter profit
Reuters· 2026-01-30 13:02
Core Insights - Canadian oil producer Imperial Oil reported a decline in fourth-quarter profit due to a decrease in crude prices [1] Company Summary - Imperial Oil's fourth-quarter profit fell as a result of lower crude oil prices impacting revenue [1]
Chevron To Maintain Cap On Venezuela Spending Despite Trump's Investment Push: Report - Chevron (NYSE:CVX), Exxon Mobil (NYSE:XOM)
Benzinga· 2026-01-30 12:50
Despite President Donald Trump‘s call for increased investment in Venezuela, Chevron Corporation (NYSE:CVX) has decided to maintain its current level of capital spending in the country, the U.S. oil major’s finance chief told the Financial Times on Friday. Chevron Continues To Engage With The AdministrationEimear Bonner said the company will not be increasing its capital spending in Venezuela this year. Bonner added that the company is currently producing 250,000 barrels a day and saw the potential to grow ...
TotalEnergies and Galp Reinforce Their Long-Term Commitment to Namibia in High‑Level Presidential Meeting
Businesswire· 2026-01-30 12:42
Core Viewpoint - TotalEnergies and Galp reaffirm their long-term commitment to Namibia and provide updates on their partnership in offshore licenses in the Orange Basin [1] Group 1: Company Commitment - Patrick Pouyanné, Chairman and CEO of TotalEnergies, and Paula Amorim, Chairman of Galp, held a meeting with Namibia's President to discuss their ongoing partnership [1] - The meeting emphasizes the companies' dedication to the development of key offshore resources in Namibia [1] Group 2: Partnership Progress - The discussion included updates on the progress and next steps of their recently announced partnership in the Orange Basin [1] - The partnership aims to enhance exploration and production activities in the region [1]