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XOM Exxon Mobil Corp

116.97
0.97 (0.84%)
07 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Exxon Mobil Corp NYSE:XOM NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.97 0.84% 116.97 118.34 116.40 116.51 31,511,816 01:00:00

Exxon Expects to Boost 'Earnings Potential' by Over 140% by 2025 Under Certain Conditions

29/05/2019 6:43pm

Dow Jones News


Exxon Mobil (NYSE:XOM)
Historical Stock Chart


From May 2019 to May 2024

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   By Josh Beckerman 
 

Exxon Mobil Corp. (XOM) said it expects to increase annual "earnings potential" by more than 140% by 2025, compared with 2017 adjusted earnings, assuming a 2017 oil price of $60 a barrel adjusted for inflation and based on 2017 margins.

Under those conditions, it expects to double potential annual cash flow from operations.

Exxon Mobil said shareholders voted in the company's favor at its annual meeting on matters including board nominees and stockholder proposals.

 

Write to Josh Beckerman at josh.beckerman@wsj.com

 

(END) Dow Jones Newswires

May 29, 2019 13:28 ET (17:28 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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