ExxonMobil’s (XOM) Stock: Carbon Capture Could Fuel Its Next Growth Wave

TLDR ExxonMobil plans about $20 billion in lower-emission investments through 2030 CCS contracts cover roughly 9 million metric tons of annual CO2 capacity today New businesses could generate more than $1 billion in yearly earnings by 2030 ExxonMobil sees new-business earnings potential reaching $13 billion by 2040 EV growth raises long-term oil demand pressure as [...]

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