Fri Jan 31 17:30:00 IST 2025: ## ExxonMobil Reports Record Earnings, Outperforming Peers in 2024
**New York, NY – February 1, 2025** – ExxonMobil announced record-breaking earnings and operating cash flow for 2024, exceeding its performance of the last decade and outpacing its major competitors. Chairman and CEO Darren Woods attributed the success to strong operational performance in safety, reliability, and emissions reduction, coupled with robust financial results.
The company reported earnings significantly higher than its peers (BP, Chevron, Shell, and TotalEnergies), generating returns well above its cost of capital. ExxonMobil also distributed more cash to shareholders than all but five companies in the S&P 500. Woods expressed confidence in the company’s long-term prospects, highlighting a “long runway of value creation” and profitable growth opportunities extending well beyond 2030.
While specific financial figures were not explicitly stated in the provided release, the press release indicates record high earnings and operating cash flow for the year. The report also emphasized the company’s commitment to returning significant cash to shareholders. ExxonMobil will further discuss its financial and operating results during a webcast on January 31, 2025. The full report, including segment-specific details and a breakdown of financial data, is available on the company’s website.
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