ExxonMobil's Advantaged Assets: A Hedge Against Oil Price Volatility?
Key Takeaways ExxonMobil's advantaged assets in Guyana and the Permian strengthen resilience to oil and gas price swings.Over 50% of production comes from low breakeven assets, with breakeven targeted at $30 per barrel by 2030.Plans include boosting Permian output to 2.3M Boe and Guyana output to 1.7M Boe annually by 2030.Exxon Mobil Corporation (XOM) , a U.S.-based integrated energy company, is poised to weather commodity price volatility better than its peers. The company’s involvement in the upstream seg ...