Exxon Expects To Final Investment Decision Guyana's Whiptail Oil Project By Q1 2024
Portfolio Pulse from Benzinga Newsdesk
Exxon Mobil Corp (XOM) is expected to make a final investment decision on Guyana's Whiptail oil project by the first quarter of 2024, according to Reuters.
October 17, 2023 | 4:47 pm
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NEUTRAL IMPACT
Exxon Mobil's decision on the Whiptail oil project could potentially impact its future revenues and growth. The decision is expected by Q1 2024.
The news directly pertains to Exxon Mobil's potential investment in the Whiptail oil project. The decision could have significant implications for the company's future revenues and growth, depending on the outcome. However, as the decision is not expected until Q1 2024, the immediate impact on the stock price is likely to be neutral.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100