ExxonMobil: Liquefied Natural Gas (LNG) Strategy As A Crucial Pillar In Global Energy! 

ExxonMobil reported earnings of $34 billion for the year, marking its third-highest result over the past decade, despite facing softer market conditions. This financial outcome underscores ExxonMobil’s robust operational efficiency and strategic agility. The five-year average return on capital employed (ROCE) stands at an industry[1]leading 11%. After setting aside cash balances and capital tied in ongoing projects, the 2024 ROCE increases to about 17%, reinforcing the company’s success in optimizing its investment strategies.