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8.43810648889622E-05 0.000759429584001379 0.00101257277866839 0.00227744494135522 0.00219390768711493 -0.000337524259556208 0.00291114673867183 0.00337524259556148
Stock impact report

ExxonMobil Hikes 2030 Outlook, Lifts Earnings and Cash Flow Growth [Yahoo! Finance]

Exxon Mobil Corporation (XOM) 
Last exxon mobil corporation earnings: 5/1 07:34 am Check Earnings Report
US:NYSE Investor Relations: ir.exxonmobil.com
Company Research Source: Yahoo! Finance
ExxonMobil raised earnings and cash flow forecast at constant price and margin compared to 2024. By 2030, the integrated energy giant projects to achieve $25 billion in earnings growth and $35 billion increase in cash flow, both up $5 billion from its previous plan. This will be achieved at a constant price and margin, even without raising its spending. XOM anticipates its upstream segment to exceed $14 billion in earnings growth, while its Product Solutions business to exceed $9 billion. This represents a stable integrated business model for ExxonMobil. Investors should note that the leading integrated giant expects to generate a return on capital employed of more than 17% suggesting strong operational efficiency. This operational efficiency will ultimately lead to strong profitability, which is indicated by the projected surplus cumulative cash flow generation of $145 billion by 2030, assuming a Brent oil price of $65 per barrel. ExxonMobil mentions that the transformation it ha Show less Read more
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