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The latest update is out from Exxon Mobil ( (XOM) ).
On January 31, 2025, Exxon Mobil announced its financial results for 2024, achieving $33.7 billion in earnings and $55.0 billion in cash flow from operations, marking its third-best year in a decade. The company reported record production levels in the Permian and Guyana regions and high sales volumes of valuable products. Exxon Mobil also distributed $36.0 billion to shareholders, continued its structural cost savings, and maintained a leading return on capital employed. However, earnings were slightly lower compared to 2023 due to decreased industry refining margins and natural gas prices. The company plans to extend its share-repurchase program and has consistently increased its dividends, reflecting strong shareholder returns.
More about Exxon Mobil
Exxon Mobil Corporation operates within the oil and gas industry, primarily focusing on the exploration, production, and distribution of petroleum and natural gas. The company is known for its significant influence in the global energy market, with major operations in regions like the Permian Basin and Guyana.
YTD Price Performance: 2.11%
Average Trading Volume: 15,548,658
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $481.6B
Find detailed analytics on XOM stock on TipRanks’ Stock Analysis page.
