XOM · News · 20260907N
Upstream Production Growth
ExxonMobil Holdings Corp · 2026-09-07 · Importance 32 · Surprise 24 · In source text
ExxonMobil’s Guyana and Permian Basin operations are identified as key sources of near-term production growth. Third-party analysis reports record upstream output in the second quarter and describes advantaged assets supporting a potential increase to 5.5 million boe/d by 2030. Guyana and Permian growth also helped offset volume losses elsewhere in the portfolio during Middle East disruptions.
Key facts
- Management targets driving production to 5.5 million boe/d. source
- ExxonMobil reported record upstream output in Q2 (statement: 'Q2 saw record upstream output'). source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | probable | — | Management targets driving production to 5.5 million boe/d. |