ExxonMobil expects its free cash flow from Guyana to roughly double by 2030 compared with 2025, driven by higher-than-expected production and capital spending savings. The company's fifth floating production storage and offloading vessel is on track to start in the fourth quarter of 2026, adding 250,000 barrels per day of capacity, while a ninth FPSO is progressing toward a 2031 startup. ExxonMobil and its co-venturers have invested more than $55 billion in Guyana since 2014, with cost recovery capped at 75% of production and the remaining output shared equally between Guyana and the partners. Chevron holds a 30% interest in the Stabroek Block and expects high-margin oil growth into the 2030s, while TechnipFMC is positioned for continued subsea project demand. ExxonMobil shares have risen 47.8% over the past year, and the stock trades at a trailing EV/EBITDA of 9.21 times, above the industry average of 5.79 times.
Chevron CorpChevron holds 30% interest in Stabroek Block and expects high-margin oil growth into 2030s.
TechnipFMC PLCTechnipFMC positioned for continued subsea project demand from Guyana developments.
Exxon Mobil CorpExxonMobil expects Guyana free cash flow to double by 2030, driven by higher production and capex savings.
