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Is ExxonMobil's Plan for $35 Oil Breakeven Going to be a Game Changer?
XOMExxonMobil(XOM) ZACKS·2025-06-05 00:31

Key Takeaways XOM plans to lower its breakeven costs to 35by2027and35 by 2027 and 30 per barrel by 2030. The move could secure upstream profits even in downturns, as seen during the 2020 oil price collapse. XOM shares have fallen 4.4% in the past year and trade at a premium EV/EBITDA versus the industry average.Exxon Mobil Corporation (XOM) mentioned in its recent earnings call that it plans to lower its breakeven costs to 35perbarrelby2027and35 per barrel by 2027 and 30 per barrel by 2030. Now, the billion-dollar question lies wit ...