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ExxonMobil Corporate Plan More Than Doubles Earnings Potential From 2019 to 2027
07.12.2023 15:48
ExxonMobil Corporate Plan More Than Doubles Earnings Potential From 2019 to 2027; 18% Compound Annual Earnings Growth Significantly Outpaces Peers
On track to deliver ~$14 billion of further earnings and cash flow growth potential over the next four years
- Expecting capital investments to generate average returns of ~30%, with payback periods less than 10 years for greater than 90% of the capex2
- Pursuing more than $20 billion in lower emissions opportunities, up $3 billion
- Generated $9 billion in structural cost savings with $6 billion more expected by 2027
- Increasing pace of share repurchases to $20 billion per year from the Pioneer close through 2025, assuming reasonable market conditions
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- ExxonMobil Announces Third-Quarter 2024 Results (04.11.2024 08:52)
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- ExxonMobil - The Board of Directors has elected Jeff Taylor as Vice President (13.06.2024 08:57)
- ExxonMobil elects Maria Jelescu Dreyfus to Board of Directors (09.05.2024 08:06)
- ExxonMobil Completes Acquisition of Pioneer Natural Resources (07.05.2024 08:42)