Guyana, Exxon and Permian

Exxon Mobil projects Guyana production to reach 2.3M barrels per day by 2030
Q4 2024 Management View Darren Woods, Chairman and CEO, highlighted that Exxon Mobil achieved earnings of $34 billion in 2024, marking its third-highest result in the past decade despite softer market conditions.
Exxon Tops Q4 Estimates as Permian and Guyana Production Soar
Exxon said over 50% of its 2024 production came from Permian, Guyana, and LNG and expects that share to exceed 60% by 2030. Exxon returned $36 billion to shareholders in 2024, backed by $36.2 billion in free cash flow. The company led the industry with a 12.7% return on capital employed.
Record Permian and Guyana Output Helps Exxon Beat Q4 Earnings Estimates
ExxonMobil reported fourth-quarter earnings that beat analyst expectations, driven by record production in the Permian Basin and Guyana, despite lower refining margins.
ExxonMobil books over $7.3 billion profit on record Permian and Guyana production
Production in both the US Permian shale basin and Guyana reached a record high, with Guyana volumes recovering after maintenance during last quarter. Overall production was just above 4.6 million barrels of oil equivalent per day in the fourth quarter, and 4.3 million boepd for the full year.
Exxon Mobil beats Q4 estimates with higher Permian, Guyana output
Exxon Mobil has today beaten Wall Street's estimate for fourth-quarter profit as higher oil and gas production offset lower oil prices and weaker refining margins.
Exxon Mobil’s strong fourth quarter fueled by rising production in the Permian, Guyana
Exxon Mobil’s fourth-quarter adjusted profit managed to beat Wall Street’s expectations, as the oil and gas company increased production in Permian and Guyana.
Exxon Mobil, Chevron See Another Earnings Dip In Q4 But Report Production Increases
Exxon Mobil, for the full year, reported net production was at the highest level in more than ten years at 4.3 million oil equivalent barrels per day, an increase of 16%, or 595,0
Exxon beats Q4 estimates with higher Permian, Guyana output
Exxon Mobil on Friday beat Wall Street's estimate for fourth-quarter profit as higher oil and gas production offset lower oil ...
Upstream5h
ExxonMobil eyes earlier timeline for Yellowtail first oil offshore Guyana
Production in both the US Permian shale basin and Guyana reached a record high, with Guyana volumes recovering after ...
Alert: Exxon Mobil’s fourth-quarter profit tops expectations as production jumps in the Permian basin and Guyana
NEW YORK (AP) — Exxon Mobil’s fourth-quarter profit tops expectations as production jumps in the Permian basin and Guyana.
Hess Corporation: Advantage To Exxon Mobil
The value of Hess Corporation keeps increasing with rising Guyana production and the slow arbitration process. Read why HES ...
ExxonMobil: Solid EPS, But Revenue Miss
ExxonMobil surpassed earnings expectations, but revenue fell short, highlighting the fourth quarter's achievements and challenges.
Oil3h
ExxonMobil sees annual earnings decrease alongside rise in production
Since 2019, the operator achieved $12.1 billion of cumulative Structural Cost Savings, including $2.4 billion of savings ...
Exxon, Chevron earnings: Analyst eyes oil giants' free cash flows
Exxon Mobil's (XOM) earnings report exceeded fourth quarter expectations, driven by higher oil (CL=F, BZ=F) and gas (RB=F) ...