Strong Profits, Big Payouts, and a Bold Bet on Carbon Capture ExxonMobil reported a good earnings performance consistent with ...

EOG, FANG, XOM and CVX are well-positioned to benefit from the Permian Basin's ongoing expansion, making them must-watch for energy-focused investors.

XOM Sells Permian Basin Assets to Hilcorp Energy Per Reuters, ExxonMobil had previously auctioned these assets to shift its focus on shale drilling properties which offer higher growth and better ...

ExxonMobil produced 1.5 million barrels of oil equivalent per day from the Permian Basin by the end of 2024 and anticipates producing 2.3 million barrels per day by 2030, an increase of over 50%.

The company is still pumping out vast quantities of fossil fuels, but global economic uncertainty could spell trouble for its ...

Acquiring Pioneer Natural Resources bolstered ExxonMobil's footprint in the oil-rich Permian Basin, part of the company's plan to grow production from 4.3 million barrels of oil equivalent per day ...

The company’s acquisition last year of Pioneer Natural Resources cemented ExxonMobil’s dominant position in the Permian shale basin of the US, and it continues to ramp up offshore Guyana ...

Dan Ammann, Exxon Mobil’s new upstream president, is bullish on the long-term role of LNG in meeting global energy demand. He ...

particularly in areas like the Permian Basin and Guyana. Successes in these fields are essential for maintaining profitability. One of ExxonMobil's key initiatives is transitioning to lower ...