{"id":403044,"date":"2021-03-04T11:56:33","date_gmt":"2021-03-04T06:26:33","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=403044"},"modified":"2021-03-04T11:56:33","modified_gmt":"2021-03-04T06:26:33","slug":"exxon-mobil-pitches-investors-on-dividend-growth-better-financial-returns","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/exxon-mobil-pitches-investors-on-dividend-growth-better-financial-returns\/","title":{"rendered":"Exxon Mobil pitches investors on dividend growth, better financial returns"},"content":{"rendered":"<p>HOUSTON (Reuters) &#8211; Exxon Mobil Corp on Wednesday pitched investors with plans to grow its dividend and curb spending after ambitious growth plans and the Covid-19 pandemic led the top U.S. oil and gas producer to a historic annual loss last year.<\/p>\n<p>Investor pressure has mounted for Exxon to cut costs, improve financial returns and better prepare for the energy transition to lower-carbon fuels.<\/p>\n<p>Ahead of its investor day presentation, the company reaffirmed plans to keep project spending between $16 billion and $19 billion in 2021, and between $20 billion and $25 billion a year through 2025.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>HOUSTON (Reuters) &#8211; Exxon Mobil Corp on Wednesday pitched investors with plans to grow its dividend and curb spending after ambitious growth plans and the Covid-19 pandemic led the top U.S. oil and gas producer to a historic annual loss last year. Investor pressure has mounted for Exxon to cut costs, improve financial returns and better prepare for the energy transition to lower-carbon fuels. Ahead of its investor day presentation, the company reaffirmed plans to keep project spending between $16 billion and $19 billion in 2021, and between $20 billion and $25 billion a year through 2025.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-403044","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/403044","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=403044"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/403044\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=403044"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=403044"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=403044"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}