XOM · News · 20261102N
Refining Capacity and Utilization
ExxonMobil Holdings Corp · 2026-11-02 · Importance 32 · Surprise 24
ExxonMobil's Beaumont refinery expansion was described as having paid for itself in about three years. CEO Darren Woods said the investment is critical to meeting global demand. Third-party reporting also cited record downstream utilization and said the integrated value chain helped the company respond to supply disruptions and tighter global markets.