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Exxon Mobil's Q1 Performance Analysis
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Overview
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Exxon faces profit decline in Q1 2024 due to lower energy prices, while cash flow from operations rises; buybacks set to increase post Pioneer acquisition. Challenges stem from weaker refining margins and lower natural gas prices, but Guyana operations sustain strong cash generation.
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How does the ongoing dispute with Chevron and Hess in Guyana influence Exxon's long-term growth plans?
How might Exxon's increased buybacks post Pioneer acquisition affect its stock performance?
What strategies could Exxon implement to mitigate the impact of lower natural gas prices and refining margins?
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