ExxonMobil Sets Plan to Boost Earnings, Cash Flow by $14 Billion Through 2027 - The Wall Street Journal

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ExxonMobil expects its capital investments to generate average returns of 30% and said that more than 90% of its capital expenditures have payback periods of less than 10 years.Photo: Michael M. Santiago/Getty Images

ExxonMobil updated its corporate plan with a target of doubling its earnings potential by 2027 compared with 2019.

The oil and gas giant said Wednesday that it is on track to deliver $14 billion in further earnings and cash flow growth potential over the next four years.

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ExxonMobil Sets Plan to Boost Earnings, Cash Flow by $14 Billion Through 2027 - The Wall Street Journal
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