Betty (Unknown Analyst)'s questions to Exxon Mobil Corp (XOM) leadership • Q1 2025
Question
An unknown analyst, identified as Betty, asked about the market conditions that would prompt ExxonMobil to exercise its portfolio flexibility to improve NPV and how that would be balanced against operational momentum.
Answer
Darren Woods, Chairman and CEO, explained that ExxonMobil is in a position of choice, not necessity, and any action would be to maximize Net Present Value (NPV). He stated that decisions are based on a rigorous evaluation of current versus future markets, long-term supply costs, and operational momentum. Woods noted that the company is prepared to capitalize on opportunities in a low-price environment, but it's not a black-and-white decision.