ExxonMobil says Strait of Hormuz closure for Q3 to reduce MEast production by 750 koebd - XOM News | RalliesExxonMobil says Strait of Hormuz closure for Q3 to reduce MEast production by 750 koebd
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XOM• ExxonMobil presentation highlights
- Strait of Hormuz closure for the entire Q3 would reduce Middle East production by about 750 KOEBD versus 2025 - presentation
- Q3 corporate and financing expenses expected to be $0.8B - $1.0B
- Q3 scheduled maintenance expected to be lower than 2Q26
- On track to deliver 2030 plan: expect about $25B earnings growth and about $35B cash flow growth from 2024-2030
- Middle East volume disruptions reduced year-to-date earnings by $1.8 billion
- When Strait reopens, 2 damaged Qatar LNG trains to stay offline, representing about 100 thousand oil-equivalent barrels - prepared remarks
