Summary by Moomoo AI
Exxon Mobil Corporation, one of the world's largest publicly traded energy providers and chemical manufacturers, reported its first-quarter results for 2024 on April 26, 2024. The company announced strong earnings of $8.2 billion and cash flow from operating activities amounting to $14.7 billion. Exxon Mobil achieved a gross production of over 600,000 oil-equivalent barrels per day in Guyana and made a final investment decision on the sixth major development in the region. The company also reported record first-quarter refining throughput and reduced operated methane emissions intensity by over 60% since 2016. Capital and exploration expenditures for the quarter were $5.8 billion, aligning with the full-year guidance of $23 billion to $25 billion. Exxon Mobil's strategy has been focused on creating value through growth in advantaged...Show More