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GlobalData on MSNExxonMobil Guyana commences production at Yellowtail development
This new venture is expected to significantly boost the country's oil output and joins three other projects already in ...
ExxonMobil is launching Prowaxx, a new product brand for its waxes. Prowaxx introduces new naming conventions scalable for future wax offerings. ExxonMobil is investing in product and process ...
ExxonMobil said its Guyana operation started production at Yellowtail, the fourth oil development in Guyana's offshore Stabroek block. Yellowtail's One Guyana floating production storage and ...
ExxonMobil, with earnings of $15.3 billion last year, was the most profitable company in the US. Annual total returns to shareholders have averaged 13% over the past five years.
That seems pretty achievable, given ExxonMobil's 2030 financial targets. Currently, analysts predict that the company will grow its earnings by an average of 9.6% annually over the long term.
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