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How Is ExxonMobil’s Downstream Project Pipeline Shaping Up?

Michelle Rey
How Is ExxonMobil’s Downstream Project Pipeline Shaping Up?

ExxonMobil (XOM) has series of projects in its Downstream and Chemicals segments, which are expected to provide growth to the company. ExxonMobil is expected to spend $9.0 billion in six major refinery projects until 2025. XOM’s technological advantage and shift to higher value refined products are expected to ramp up margins by ~20.0%. In the Chemicals segment, ExxonMobil (XOM) expects to spend $20.0 billion until 2025.