Robust Upstream Production Growth: ExxonMobil achieved the highest second-quarter production since the merger of Exxon and Mobil, reaching roughly 1.6 million oil equivalent barrels per day in the Permian Basin. The company anticipates growing Permian production to 2.3 million barrels per day by 2030, driven by advanced technologies that improve capital efficiency and recovery rates.

Guyana Asset Development: Exxon has made significant progress in its Guyana operations, marking the 10-year anniversary of its first oil discovery. With nearly 11 billion barrels of resources, 650,000 gross barrels per day are already being produced across three developments, and the fourth, Yellowtail, is expected to achieve first oil next week. By 2030, Exxon expects production capacity from Guyana to reach 1.7 million oil equivalent barrels per day.

Strong Earnings and Cash Flow Projection: Through new project startups across its manufacturing segments, Exxon expects to generate over $3 billion in earnings by 2026 at constant prices. Additionally, the guidance indicates $20 billion of additional earnings and $30 billion of cash flow compared to 2024 on a constant price basis.