Exxon Mobil Corp. (XOM) reported a profit for the third-quarter compared to a loss last year, reflecting improved demand and strong operations. Quarterly adjusted earnings per share topped analysts' expectations. The company plans to buy back up to $10 billion of shares over the next two years.
The company expects to be well within debt-to-capital target range by year end. It is on track to achieve 2025 emission-reduction plans by year end. It anticipates future annual capital investments of $20 billion to $25 billion.
Subscribe to continue reading the article.
This article is part of our premium content offering.Subscribe with a RTTNews subscription.
Subscribe NowAlready subscribed? Sign in
For comments and feedback: editorial@rttnews.com