NYSE:XOMOil and Gas
Is Exxon Mobil (XOM) Quietly Rebuilding Its Portfolio With New Debt And A New Zealand Exit?
In recent days, Exxon Mobil completed a US$169.312 million offering of callable, unsecured floating-rate notes due 2076, while fresh reports indicated it has hired Goldman Sachs to explore a potential exit from its New Zealand downstream and terminals business.
At the same time, the company’s role in advanced automation projects offshore Guyana and continued involvement in global industry forums underline how it is reshaping its asset base and technology footprint amid heightened...