Exxon Mobil Corp. undefined said Thursday it will buy back up to $50 billion in stock through 2024, including $15 billion in 2022. Exxon also plans to...
Exxon Mobil Corp. said Thursday it will buy back up to $50 billion in stock through 2024, including $15 billion in 2022. Exxon also plans to increase lower-emission efforts by 15% to roughly $17 billion through 2027. The oil major will keep capital expenditures flat at $20 billion to $25 billion through 2027. Overall, Exxon expects to double"potential" earnings and cash flow by 2027. Shares of Exxon Mobil rose 1.1% in premarket trades. The stock is up 69.
... Exxon Mobil Corp. XOM said Thursday it will buy back up to $50 billion in stock through 2024, including $15 billion in 2022. Exxon also plans to increase lower-emission efforts by 15% to roughly $17 billion through 2027. The oil major will keep capital expenditures flat at $20 billion to $25 billion through 2027. Overall, Exxon expects to double"potential" earnings and cash flow by 2027. Shares of Exxon Mobil rose 1.1% in premarket trades. The stock is up 69.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Apple’s 20-inch foldable MacBook rumored for release in 2027Now, a report indicates that the Cupertino firm has started the development project of a 20-inch foldable MacBook.
Read more »
Former Tahoe Biltmore site slated to become Waldorf Astoria hotelThe exclusive 15-acre “village” is expected to debut in 2027.
Read more »
Exxon Mobil hands out pay raises of 9% or more after reporting record profitsIn aggregate, it’s the Irving-based oil giant’s biggest salary award in 15 years.
Read more »
Ford F-150 Lightning joins the U.S. Forest Service fleet for first testThe U.S. Forest Service has purchased three Ford F-150 Lightning pickups for evaluation as it plans to transition to an all-electric fleet starting in 2027.
Read more »
World will face shortage of liquefied natural gas through 2026, says Exxon CEORussia cut supplies of natural gas to Europe in response to the wave of international sanctions that followed Moscow's invasion of Ukraine.
Read more »
After key changes at Disney and Exxon, anti-woke investor eyes 'toxic' Home Depot, ChevronStrive Asset Management Executive Chairman Vivek Ramaswamy is looking to roll back 'toxic' energy and racial policies at Chevron and Home Depot, respectively.
Read more »