XOM · News · 20260917N
Energy Transition Investment
ExxonMobil Holdings Corp · 2026-09-17 · Importance 52 · Surprise 42 · In source text
ExxonMobil plans to invest $20 billion in lower-emission projects between 2025 and 2030. The portfolio includes carbon capture and storage, lithium, and carbon materials, with the projects projected to generate more than $1 billion in annual earnings by 2030. The reporting expects management could provide more concrete commercial guidance on carbon capture and storage by 2027 as activity develops.
Key facts
- ExxonMobil plans to invest $20 billion in lower-emission projects between 2025 and 2030. source
- ExxonMobil's lower-emission ventures, including carbon capture and storage, lithium, and carbon materials, are projected to generate over $1 billion in annual earnings by 2030. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | negative | probable | -2.1% | ExxonMobil plans to invest $20 billion in lower-emission projects between 2025 and 2030. |
| assets | positive | probable | +2.1% | ExxonMobil plans to invest $20 billion in lower-emission projects between 2025 and 2030. |
| net_income | positive | probable | — | ExxonMobil's lower-emission ventures, including carbon capture and storage, lithium, and carbon materials, are projected to generate over… |