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Exxon Mobil (XOM)

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Exxon Mobil outlines a 2040 transformation plan that keeps oil central while expanding lower-emissions and clean energy
The Apex Times

THE APEX TIMES

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Oil back above $80 reopens the profit window for ExxonMobil’s upstream operations
The Apex Times

THE APEX TIMES

Business / The Apex Times

Oil back above $80 reopens the profit window for ExxonMobil’s upstream operations

With benchmark crude prices returning above $80, Exxon Mobil’s upstream business faces less pressure than it would under the much lower “shut-in” price levels cited in recent market commentary, even as the company continues to announcement higher production goals.

Jul 14, 12:40 PM EDT