Exxon forecasts higher earnings growth through 2030

 

Dec 9 (Reuters) – Top U.S. oil producer Exxon Mobil on Tuesday raised its earnings growth outlook to $25 billion and cash flow growth to $35 billion from 2024 to 2030.

The company said it expects upstream production to reach 5.5 million barrels of oil equivalent per day (MMboepd) by 2030, compared with its previous expectation of 5.4 MMboepd.

(Reporting by Vallari Srivastava in Bengaluru; Editing by Sriraj Kalluvila)

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