Exxon Mobil has paused plans to build what would be one of the world's largest hydrogen production facilities due to weak customer demand, CEO Darren Woods told Reuters in an interview on Friday.
Enterprise Products Partners is forming a joint venture with ExxonMobil to own and expand the Bahia pipeline. The project will support Exxon's growth in the Permian Basin.
Exxon Mobil is downgraded from 'strong buy' to 'buy' as recent trading has been flat, but dividend stability remains attractive. XOM's Q3 2025 earnings beat expectations, with record production in Guyana and the Permian Basin driving strong profitability and cash flow. Despite a fair valuation and lower yield versus peers, XOM's durable payout ratio and income stability make it preferable for p...
Exxon Mobil (XOM) is a global energy leader with dominant upstream operations, diversified assets, and a $528.5B enterprise value. XOM's growth outlook is driven by rising production, LNG expansion, cost efficiencies, and a robust share buyback program through 2026. Downstream and specialty divisions provide countercyclical stability, while upstream profits are anchored by the Permian Basin and...
U.S. oil major Exxon Mobil has joined rival Chevron Corp in considering options to buy parts of sanctioned Russian oil major Lukoil's international assets, sources familiar with the matter said.
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