Exxon Mobil Ranks 28th in Trading Volume with $19.93 Billion as Guyana Earnings Soar

Generated by AI AgentAinvest Volume Radar
Tuesday, Jun 3, 2025 7:46 pm ET1min read

On June 3, 2025,

(XOM) saw a trading volume of $19.93 billion, ranking 28th in the day's stock market activity. The company's stock price increased by 0.73%, marking the second consecutive day of gains, with a total increase of 1.47% over the past two days.

Exxon's earnings in Guyana significantly contributed to its overall performance. The consortium led by

in Guyana reported a 64% increase in profit for 2024, reaching $10.4 billion. This substantial growth underscores the robust performance of Exxon's upstream operations in the region. Guyana accounted for $4.7 billion of Exxon's total adjusted earnings of $33.46 billion for the year.

Exxon's strategic agreements and partnerships also played a crucial role in its financial performance. The company recently signed an agreement with Azerbaijan's SOCAR, further expanding its global footprint and enhancing its operational capabilities. This move is expected to bolster Exxon's exploration and production activities, contributing to its long-term growth prospects.

Comments



Add a public comment...
No comments

No comments yet