ExxonMobil Ratchets Up Capex Plans for 2020-2025
ExxonMobil Ratchets Up Capex Plans for 2020-2025
Attachment: ExxonMobil, ExxonMobil
Researched by Industrial Info Resources (Sugar Land, Texas)--Exxon Mobil Corporation (ExxonMobil) (NYSE:XOM) (Irving, Texas) is targeting $33 billion to $35 billion in capital expenditures for 2020 as it ratchets up oil and gas production in the Permian Basin, the company said in its investor day presentation on Wednesday. Planned capital expenditures for 2019 amount to $30 billion.
Within this article: ExxonMobil spending plans through 2025.
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