Exxon Mobil plans to boost oil and gas flows to its highest levels ever as it increases spending to bring on new high-margin barrels and break out of its production funk, but it remains to be seen if investors will come along for the ride. Texas-based Exxon plans to produce 5.2 million barrels of oil equivalent per day in 2025 as it looks to reap the rewards of higher spending over an eight-year period that has, at least for now, not always been well-received by Wall Street.
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