ExxonMobil’s Guyana FPSO Move And Colombia Deal Shape XOM Valuation
Published on: Friday 06 February 2026
Exxon Mobil (NYSE:XOM) has completed the acquisition of the FPSO ONE GUYANA for use in the Yellowtail development in the Stabroek block offshore Guyana. The company has also resolved a long running arbitration with Sintana Energy related to the VMM-37 block in Colombia. Both moves tighten Exxon Mobil's position in key oil producing regions and clarify its upstream project pipeline. For investors watching NYSE:XOM, these developments come with the stock at $146.08 and multi year price gains,...