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ExxonMobil Expects to Triple Its Upstream Earnings by 2025

ExxonMobil Expects to Triple Its Upstream Earnings by 2025

ExxonMobil (XOM) is set to triple the earnings for its upstream segment by 2025. It also has a large, high-quality resource base of hydrocarbons, which is expected to further augment its upstream portfolio. In 2017, the company successfully added 10 bboe (billion barrels of oil equivalent) resources to its total resource base.