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Exxon rallies after lifting 2030 earnings and production outlook
short by / on Tuesday, 9 December, 2025
Exxon Mobil shares rose over 3% after raising its 2030 earnings and production forecasts. Exxon expects $25 billion in earnings and $35 billion in cash-flow growth, both $5 billion higher than prior estimates. Output is projected to reach 5.5 million boepd (barrels of oil equivalent per day), driven by the Permian Basin. The company expects 13% annual growth in earnings.
read more at Stocktwits