17:16 - 9.12.2025
December 9, Fineko/abc.az. Exxon Mobil improved its forecast, expecting profit growth of $25 billion and cash flow of $35 billion in 2024-2030, $5 billion higher than previous estimates.
ABC.AZ reports that at the same time, the company will maintain investments at the level of $28-33 billion a year.
The production forecast has also been raised: by the end of the decade, the daily volume may reach 5.5 million barrels of oil equivalent. A significant contribution will be provided by projects in the Permian Basin and Guyana, where production is expected to increase up to 3.7 million barrels by 2030. Exxon attributes the increase in profits to a more efficient business structure and lower costs.
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