As part of our Plan to 2030, ExxonMobil is:
- Growing earnings and cash flow: $25B in earnings growth plans and $35B in cash flow growth plans vs. 2024 at constant prices and margins.
- Lowering structural costs: Expect to achieve $20B in structural cost savings vs. 2019 – $2B more than last year’s plan.
- Investing to advance long-term opportunities: Cash capex of $27-$29B in 2026; $28-$32B per year from 2027–2030. Reinvestment rate declines as cash flow strengthens.
- Increasing production to meet growing energy needs: 5.5M oil-equivalent barrels per day expected by 2030; ~30% higher than next closest IOC.
- Achieving emissions intensity plans: Already reached GHG and flaring reduction goals, expect to reach our planned 2030 methane-intensity reductions in 2026.
Please see the corporate plan presentation for footnotes and supplemental information.