ExxonMobil is the largest integrated oil and gas company in the United States. The company is going into debt in order to fund increased production, share repurchases, and its recently raised cash dividend.
U.S. oil giant ExxonMobil has signed a deal with Energean and Helleniq Energy to explore for natural gas offshore Greece, the companies said on Thursday.
Oil major ExxonMobil , Energean and Helleniq Energy on Thursday signed a farm-in agreement for 60% in a block in Western Greece, Energean's Chief Executive Mathios Rigas said.
Exxon Mobil Corporation's Q3 2025 results beat EPS estimates and reaffirmed strong operational execution in Guyana and the Permian. XOM maintained its $20 billion annual buyback plan and raised dividends for the 43rd straight year. Despite weaker oil prices, XOM generated $6.3 billion in free cash flow and strengthened its balance sheet.
Exxon Mobil delivered strong Q3'25 results last week, beating earnings and revenue estimates, driven by record production in the Permian Basin and Guyana. XOM raised its dividend by 4% to $1.03/share quarterly and is on track to buy back $20B of its own shares in the current fiscal year. Exxon Mobil benefited from solid production growth in the third quarter. Soaring power demand from U.S. Data...
ExxonMobil CEO Darren Woods told Reuters on Monday it will be impossible for the energy giant to continue doing business in Europe if the European Union doesn't make significant changes to a sustainability law that threatens to penalize companies with fines of 5% of global revenue.
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