Cost SavingsXOM achieved about $10B in structural cost savings largely driven by operational efficiencies and process automation.
Growth StrategyExxon Mobil's countercyclical growth strategy and cost cuts have significantly boosted earnings, with further growth forecasted through 2027 driven by cost reductions, investments in low-cost production, and high-return projects.
Shareholder ReturnsThe company's ~$37 billion planned annual shareholder return through dividends and buybacks is one of the highest in the S&P 500, underpinning a compelling ~7% total yield.