Prediction: ExxonMobil's Low-Carbon Bets Finally Show Up in Guidance by 2027

Key Points ExxonMobil sees long-term potential from low-carbon businesses. Low-carbon businesses could diversify ExxonMobil beyond traditional oil production. Carbon capture could become a meaningful earnings contributor by 2027. 10 stocks we like better than ExxonMobil › ExxonMobil 's (NYSE: XOM) management said it plans to invest roughly $20 billion in lower-emission projects between 2025 and 2030. So far, that business segment remains relatively small compared with the company's oil and natural gas operations. That starts changing in 2027. ExxonMobil says newer business segments, including carbon capture and storage (CCS), lithium , carbon materials, and Proxxima products, could generate more than $1 billion in annual earnings by 2030.