ExxonMobil expects earnings to increase by over 140 pct by 2025

U.S. oil major ExxonMobil has updated its growth plans and expects annual earnings potential to increase by more than 140 percent by 2025 from 2017 adjusted earnings, assuming an oil price of $60 per barrel and based on 2017 margins.

“Given the success we experienced last year and the progress we’re making on our plans, we have even greater confidence in our ability to grow value for our shareholders,” Darren W. Woods, chairman and chief executive officer, said at the company’s annual investor day at the New York Stock Exchange.

Continue reading

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.