Guyana, Exxon Mobil and Permian basin

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 Mobil's strong fourth quarter fueled by rising production in the Permian, Guyana
Exxon Mobil posted strong fourth quarter profits as the oil and gas company increased production in the Permian basin at home, and in Guyana. The Texas company earned $7.61 billion, or $1.72 per share,
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.
Exxon reports mixed Q4 results with strong production, weak refining profit
Lower corporate costs also enabled the company to beat profit estimates, said RBC Capital Markets analyst Biraj Borkhataria. Earnings from producing gasoline and diesel were $323 million
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.
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.
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.
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.
Exxon Q4 beats estimates on higher Permian, Guyana output
US oil giant Exxon Mobil fourth quarter profits beat estimates, despite weaker oil prices and refining margins, driven by increased production in the Permian basin at home, and in Guyana.
Exxon edges higher as Q4 earnings top consensus; Permian, Guyana production hits record
Exxon Mobil (NYSE:XOM) +0.4% pre-market Friday after reporting Q4 adjusted earnings that were roughly flat compared with the year-earlier quarter but ahead of Wall Street estimates, driven by high-margin projects in the Permian Basin and Guyana.
Upstream4h
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 ...
ExxonMobil: Solid EPS, But Revenue Miss
ExxonMobil surpassed earnings expectations, but revenue fell short, highlighting the fourth quarter's achievements and ...
MercoPress2mon
Guyana oil output breaking all oil exploration and production records
The block, where Exxon is the operator holding a 45% working interest with partners Hess and China-s CNOOC controlling 30% and 25%, respectively, is situated in Guyana’s territorial waters ...