How has the energy company improved its underlying profitability?

In recent years, the company has selectively sold off assets and intensified its focus on lower-cost, higher-return investments. It expects to continue improving its underlying profitability over the next few years. The energy giant's strategy has fundamentally improved its ability to make money.

Does ExxonMobil still make money?

It expects to continue improving its underlying profitability over the next few years. The energy giant's strategy has fundamentally improved its ability to make money. ExxonMobil (XOM -0.03%) has come a long way over the last five years. The oil behemoth has transformed into a much more profitable company.

How has Exxon changed its refining business?

This work has fundamentally transformed our refining business. The energy giant has gone from operating 45 refineries at the time of Exxon's merger with Mobil to 15 today. However, those 15 are "advantaged by location and configuration," which enables the company to significantly improve its product yield.

How much renewable electricity can a country produce by 2030?

Energy Minister Luz Elena Gonzalez, speaking at a press conference alongside the country's president, said private power producers will be able to generate renewable electricity of up to 9.55 gigawatts by 2030. The term of leftist President Claudia Sheinbaum, who took office last month, extends until 2030.