Mubasher: Exxon Mobil is expecting a surge in earnings in the next seven years, to reach a staggering $31 billion by 2025.
The expectations are based on current crude price levels, or higher, Reuters reported on Wednesday.
Exploration projects in Guyana and the Permian Basin will help increase the company’s income, alongside the expansions in refining and chemical facilities.
Exxon reported an adjusted profit of $15 billion in 2017.
Source:
Mubasher