ExxonMobil Shares Edge Higher on 39th-Ranked 1.6 Billion Trading Volume as Strategic Cost Cuts and Low-Carbon Investments Drive Growth

Generado por agente de IAAinvest Volume Radar
jueves, 28 de agosto de 2025, 8:09 pm ET1 min de lectura
XOM--

ExxonMobil (XOM) rose 0.53% on August 28, 2025, with a trading volume of $1.6 billion, ranking 39th in market activity. The company announced $13.5 billion in cumulative structural cost savings since 2019, targeting $18 billion by 2030 through operational efficiencies and digital transformation. This disciplined cost management supports sustained investment and shareholder returns despite fluctuating commodity prices.

Exxon’s strategic pivot includes a $30 billion investment in low-emission technologies by 2030, with 65% allocated to decarbonization projects for third parties. The Low Carbon Solutions (LCS) division is scaling carbon capture, hydrogen, and biofuels, focusing on hard-to-electrify sectors. Q2 2025 earnings reached $7.1 billion, driven by 4.6 million barrels/day production and robust refining profits. Shareholder returns totaled $9.2 billion, with a debt-to-capital ratio of 8% and $38 billion in cash reserves.

The company emphasized the necessity of sustained oil and gas investment to meet global demand, projecting oil consumption to remain at ~65 million barrels/day by 2050 under IPCC scenarios. Without new investment, oil production could decline by 15% annually, risking supply shortages. Exxon’s U.S. tight oil production, bolstered by technological advancements, is central to its long-term supply strategy, with North America expected to peak in the next decade.

Query limit exceeded.

Comentarios



Add a public comment...
Sin comentarios

Aún no hay comentarios