<div class="textg" style="text-align: justify; font-weight: lighter; line-height: 1.3em; font-size: 15px; border-radius: 3px; color: #80909a; padding: 10px; background-color: #F4F6F9; margin-bottom: 15px;">
 Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our&nbsp;<a href="https://tokenist.com/terms-of-service/" style="text-decoration:underline;color:#3c7b7b" target="_blank" rel="noreferrer noopener" class="deco-link">website policy</a>&nbsp;prior to making financial decisions.
</div> 
<p class="has-drop-cap">Exxon Mobil (NYSE: XOM) has once again demonstrated its resilience and operational excellence in the <a aria-label="latest quarterly earnings report (opens in a new tab)" href="https://d1io3yog0oux5.cloudfront.net/_8a2115892929e995a1d0ab984447e6fa/exxonmobil/db/2288/22190/earnings_release/4Q23+Earnings+Press+Release+Website.pdf" target="_blank" rel="noreferrer noopener nofollow" class="deco-link">latest quarterly earnings report</a>, underscoring the energy giant’s capacity to navigate the complex dynamics of the global energy market.</p> 
<h3 id="record-performance-for-exxon-mobile-in-q4">Record Performance for Exxon Mobile in Q4</h3> 
<p>Exxon Mobil reported robust earnings this quarter, a testament to its strategic initiatives and the effectiveness of its integrated business model. The company’s focus on high-return investments, cost efficiency, and operational excellence has yielded significant financial results. <br><br>Notably, Exxon Mobil’s commitment to strengthening its portfolio through strategic acquisitions and divestments, alongside its advancements in innovative solutions such as lithium production and carbon capture technologies, has positioned it favorably within the industry. The quarter also saw record production levels in key assets, contributing to the company’s strong performance.</p> 
<p>Against analysts’ expectations of an <a href="https://tokenist.com/investing/fundamental-analysis-stocks/" rel="dofollow" class="deco-link">EPS</a> of $2.2 and revenue projections of $91.12 billion, Exxon Mobil’s earnings highlight a strategic triumph. The company surpassed revenue expectations and demonstrated a significant improvement in earnings power compared to previous years, reflecting more than double the earnings on a constant price basis. This outperformance indicates Exxon Mobil’s adeptness at capitalizing on market conditions, optimizing operations, and leveraging its integrated value chain to enhance shareholder value.</p> 
<div class="cta-referral"> 
 <img src="https://tokenist.com/wp-content/themes/thetokenist/assets/img/del/cta-referral-1.png" alt="" class="cta-referral__img" loading="lazy" decoding="async"> 
 <div class="cta-referral__text"> 
  <p>Join our&nbsp;<a href="https://t.me/thetokenist" target="_blank" rel="noreferrer noopener nofollow" class="deco-link">Telegram group&nbsp;and never miss a breaking digital asset story.</a></p> 
 </div> 
</div> 
<h3 id="guidance">Guidance</h3> 
<p>Exxon Mobil’s guidance emphasizes sustained operational discipline and strategic investments aimed at long-term value creation. The company’s focus on delivering large, high-value projects on schedule and on budget, particularly in Guyana and the Permian Basin, underscores its commitment to growth. Furthermore, Exxon Mobil’s projections for the upcoming quarter reflect careful consideration of market dynamics, with plans to continue its share repurchase program, illustrating confidence in its financial health and commitment to returning value to shareholders.</p> <iframe src="https://tokenist.substack.com/embed" width="100%" height="320" style="border:1px solid #EEE; background:white;" frameborder="0" scrolling="no"></iframe> 
<p><em>Disclaimer: The author does not hold or have a position in any securities discussed in the article.</em></p> 
<h3 id="br"><br></h3> 
<p>The post <a rel="nofollow" href="https://tokenist.com/exxon-mobil-xom-achieves-record-production-95-42b-in-revenue-for-q4/">Exxon Mobil (XOM) Achieves Record Production: $95.42B in Revenue for Q4</a> appeared first on <a rel="nofollow" href="https://tokenist.com">Tokenist</a>.</p>

Exxon Mobil (XOM) Achieves Record Production: $95.42B in Revenue for Q4

Table of Contents

Tokenist

Other articles published on Feb 2, 2024

Bitcoin Academy Founder Lands in SEC’s Net For Fraud

Meta’s Reality Labs Witnesses Quarterly Operating Loss of $4.6B

Ethereum’s Bright Prospects and Price Predictions

Trader Hits Millionaire Status with Astute Memecoin Trade

OPNX Announces Imminent Shutdown: Critical Dates for Users

Ripple v. SEC: Crucial Moment Remains Ahead in Legal Decision

Join our free newsletter for daily crypto updates!