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Is ExxonMobil Poised to Gain From Current Elevation in Crude Prices?

XOM
Energy Markets & PricesCommodities & Raw MaterialsCompany FundamentalsCorporate Guidance & Outlook

WTI crude hovering near $90/barrel supports ExxonMobil's margins and cash flow, with low-cost Permian and Guyana assets cited as the drivers. Improved cash generation at current prices should fund projects and output expansion, bolstering near-term free cash flow and capital-allocation flexibility.

Analysis

WTI crude hovering near $90/barrel supports ExxonMobil's margins and cash flow, with low-cost Permian and Guyana assets cited as the drivers. Improved cash generation at current prices should fund projects and output expansion, bolstering near-term free cash flow and capital-allocation flexibility.

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