ExxonMobil Holdings Corp
XOM: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| %CX | LOCK|$Bfvy | LOCK|BLzL&mz |
ExxonMobil: Trims Spending, Increases Earnings Targets With Annual Update
Exxon now expects 2030 earnings of $25 billion, up from $20 billion previously, driven in part by an increase in structural cost savings to $20 billion from $18 billion. It narrowed the upper end of its expected capital expenditure range for 2027-30, in part due to reduced lower-emission spending.
