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Bullish

ExxonMobil's Guyana oil output to surpass 1 million BPD by year-end

ExxonMobil's oil production in Guyana is set to exceed 1 million barrels per day (BPD) by the end of 2026, with plans for continued growth. This expansion is expected to bolster the company's revenue and strengthen its position in the global energy market.

Key points

  • ExxonMobil's Guyana oil output to surpass 1 million BPD by year-end
  • Ferguson Wellman Capital Management Inc. increases ExxonMobil stake by 1.5%

Sources

AI-generated from public news sources. Not financial advice.

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