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What's Going On With ExxonMobil Stock Friday?

Reported · Written up by our desk · Equities

ExxonMobil Holdings Corporation (NYSE:XOM) stock was trading mostly flat on Friday as the energy giant announced a $12.5 billion investment in its latest offshore Guyana development. ExxonMobil Advances $12.5 Billion Guyana Project On Thursday, ExxonMobil announced a final investment decision for its Longtail development after securing government and regulatory approvals. The project marks the eighth development in Guyana’s Stabroek block and is expected to begin production in 2030. Longtail will feature a floating production vessel capable of processing 1.2 billion cubic feet of gas daily and

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Sources

BenzingaWhat's Going On With ExxonMobil Stock Friday?
BenzingaWhat's Going On With ExxonMobil Stock Friday?

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