Exxon Executive At Barclays 38th Annual CEO Energy-Power Conference Says Exxon Targets 15% In Returns From $20B In Low Carbon Business
Portfolio Pulse from Benzinga Newsdesk
Exxon Mobil Corporation, represented by an executive at the Barclays 38th Annual CEO Energy-Power Conference, announced a target of 15% returns from its $20 billion investment in low carbon business initiatives.
September 05, 2024 | 12:50 pm
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Exxon Mobil Corporation aims for a 15% return on its $20 billion investment in low carbon business, indicating a strategic shift towards sustainable energy solutions.
Exxon's announcement of a 15% return target on a significant $20 billion investment in low carbon business suggests a positive strategic shift towards sustainable energy. This could enhance investor confidence and potentially drive stock prices up in the short term.
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