Darren W. Woods - ExxonMobil

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Last quote by Darren W. Woods

We're working through what the financial impacts of that will be, and as we get further along in this recovery process we'll have a better read of that.feedback
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Sep 07 2017
Darren W. Woods has most recently been quoted in an article called We're making 'good progress' on Harvey recovery and ready for Irma. Darren W. Woods said, “It's very difficult to predict exactly when all those units will be back up and we'll be back on our full load. But we're making good progress. We're hoping to get some units started up later this week, and then it will be one unit after another.”. Darren W. Woods has been quoted a grand total of 23 times in 15 articles.
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Darren W. Woods quotes

Mar 03 2017 - Oil

More than one third of the capex [capital and exploration spending] will be invested in advancing our large inventory of … short-cycle opportunities. They are primarily Permian and Bakken unconventional plays and short-cycle conventional work programs. This component of our investment plan is expected to generate positive cash flow less than three years after initial investment.feedback

Mar 03 2017 - Oil

A large chunk of those wells will make higher than 10 percent. ... It's a very prolific play. We're very excited about the opportunity in the Permian.feedback

Mar 03 2017 - Oil

Our view on the oil price is there's still a lot of uncertainty in the marketplace, so while we have seen prices go up in the short term, we're not building our investment campaign based on the assumption those prices are going to be there forever. One of the advantages we have with this recent acquisition that we did in the Permian is we have a much bigger portfolio of short-cycle investments. That gives us the flexibility to move as the market moves, and raise our investment levels up to match what we see as opportunities in the marketplace.feedback

Mar 03 2017 - Oil

In 2017 we expect to spend $22 billion. This allows us to advance investments and adjust, either up or down, to commodity prices, price conditions and cash flow. We anticipate the average annual budget through the end of the decade will be around $25 billion.feedback

Mar 02 2017

I have a great board. We have a very experienced, knowledgeable, diverse board all are very supportive. I had a year as a president serving on the board to get to know all of them. Any questions I've got ... they're my first stop.feedback

Mar 02 2017 - Sanctions

Having worked with Rex for many years, Rex is going to make the decision that is best for our country. His personal circumstances or where he was in the past, I have no doubt that is not going to play in his decision making. He's been pretty busy, and I've been pretty busy. I don't really have a view or a prognosis on the relationship between our countries. We have a mix of businesses in Russia, we have a very successful business on the east coast that is not affected by the sanctions. We continue to invest and manage [there].feedback

Mar 02 2017 - OPEC

We're looking at a phased investment where we can bring in an initial early production within five years of that discovery, which is almost unheard of in this industry, and then as we continue to explore that block, bring on more production.feedback

Mar 02 2017 - OPEC

It's an exciting day for me because it's my first chance to talk to the investment community, talk a little bit about our plans, talk about what we see as being the advantages that we have as a company and the opportunities we have in front of us.feedback

Mar 01 2017 - Oil

The way we're managing that (Canadian oil sands) business is looking at the opportunity to drive efficiency, by bringing technology to bear, to bring costs that much lower and be successful in a low-price environment. And we've got a lot of opportunity to do that.feedback

Mar 01 2017

Our job is to compete and succeed in any market, regardless of conditions or price.feedback

Jan 17 2017

This acquisition strengthens Exxon Mobil's significant presence in the dominant U.S. growth area for onshore oil production. This investment gives us an exceptional Delaware Basin position ... that can generate attractive returns in a low-price environment.feedback

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