ExxonMobil CFO: Guyana Project Recoups Approximately $55 Billion in Costs Two Years Ahead of Schedule, Free Cash Flow Expected to Double from 2025-2030
ExxonMobil CFO Neil Hansen stated at the Barclays Energy-Power Conference that the company recovered approximately $55 billion in costs from its Guyana project about two years ahead of schedule. Despite a slight reduction in entitled production starting in Q3, the project is expected to double the company's free cash flow between 2025 and 2030.
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