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Exxon to invest more than $50 billion to expand U.S. business - MarketWatch

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<script type="application/ld+json">{"@type":"BreadcrumbList","@context":"https://web.archive.org/web/20220120212312/http://schema.org","itemListElement":[{"@type":"ListItem","position":1,"item":"https://web.archive.org/web/20220120212312/https://marketwatch.com","name":"Home"},{"@type":"ListItem","position":2,"item":"https://web.archive.org/web/20220120212312/https://marketwatch.com/industries","name":"Industries"}]}</script> <div class="element element--list breadcrumbs" role="navigation" aria-label="breadcrumbs"> <ol class="list list--breadcrumbs"> <li class="breadcrumb__item"> <a class="link" itemprop="item" href="https://web.archive.org/web/20220120212312/https://marketwatch.com/?mod=breadcrumb">Home</a> </li> <li class="breadcrumb__item"> <a class="link" itemprop="item" href="https://web.archive.org/web/20220120212312/https://marketwatch.com/industries?mod=breadcrumb">Industries</a> </li> </ol> </div> <div class="article__masthead" role="region" aria-label="article header"> <h1 class="article__headline" itemprop="headline"> Exxon to invest more than $50 billion to expand U.S. business </h1> <time class="timestamp timestamp--pub"> Published: Jan. 29, 2018 at 2:58 p.m. ET </time> <div class="byline article__byline"> <span>By</span> <div class="author hasMenu" data-scrim="{&quot;type&quot;:&quot;author&quot;,&quot;header&quot;:&quot;Claudia Assis&quot;,&quot;subhead&quot;:&quot;The Wall Street Journal&quot;,&quot;list&quot;:[]}" itemscope itemprop="author" itemtype="http://schema.org/Person"> <h4 itemprop="name">Claudia Assis</h4> </div> </div> <div data-module-id="30" data-module-name="article.app/lib/module/mw/articleSpotIM" data-module-zone="spotIM_comment_count" class="zonedModule"> <a class="element element--comments comment-count j-comment-count" href="#comments"> <span class="value spot-im-replies-count" data-post-id="5611EA8F-A56B-4F00-9E00-7B16BF55FF5C">&nbsp; <span class="screen-reader-text">comments</span></span> </a> </div> <!-- 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class="header header--secondary"> <h3 class="title"> <span class="label">Referenced Symbols</span> </h3> <div class="element element--ad " aria-hidden="true"> <div id="ad-quote-references" class="j-ad"> </div> <span class="ad__caption" aria-hidden="true">Advertisement</span> </div> <script> window.__mwads.options['ad-quote-references'] = {"options":{"adActivate":true,"adId":"ad-quote-references","adUnitPath":"/2/marketwatch.com/industries_story","adSize":[[80,20]],"adSizeMap":{},"adTargeting":{"adlocation":"QUOTEREF"},"adLocation":"QUOTEREF","isObserve":true,"observeFromUAC":true,"triggerPrebid":true,"moatEnabled":true,"collapseAdBeforeFetch":true,"threshold":1}}; window.__mwads.uacQ.push({"options":{"adActivate":true,"adId":"ad-quote-references","adUnitPath":"/2/marketwatch.com/industries_story","adSize":[[80,20]],"adSizeMap":{},"adTargeting":{"adlocation":"QUOTEREF"},"adLocation":"QUOTEREF","isObserve":true,"observeFromUAC":true,"triggerPrebid":true,"moatEnabled":true,"collapseAdBeforeFetch":true,"threshold":1}}); </script> </header> <input type="checkbox" class="hidden toggle--tickers" id="toggle--tickers"/> <ul class="list list--tickers"> <bg-quote channel="/zigman2/quotes/204455864/composite" class="ticker__item positive"> <a data-track-hover="QuotePeek" data-charting-symbol="STOCK/US/XNYS/XOM" class="qt-chip-referenced link" href="/web/20220120212312/https://www.marketwatch.com/investing/stock/XOM?mod=refsymb_mw"> <span class="symbol">XOM</span> <div class="change"> <bg-quote field="percentchange" format="0,000.00%" channel="/zigman2/quotes/204455864/composite" class="positive"> +0.22%</bg-quote> <i class="icon--"></i> </div> </a> </bg-quote> <bg-quote channel="/zigman2/quotes/210599714/realtime" class="ticker__item negative"> <a data-track-hover="QuotePeek" data-charting-symbol="INDEX/US/S&amp;P US/SPX" class="qt-chip-referenced link" href="/web/20220120212312/https://www.marketwatch.com/investing/index/SPX?mod=refsymb_mw"> <span class="symbol">SPX</span> <div class="change"> <bg-quote field="percentchange" format="0,000.00%" channel="/zigman2/quotes/210599714/realtime" class="negative"> -1.10%</bg-quote> <i class="icon--"></i> </div> </a> </bg-quote> </ul> </div> </div> </div> <div class="column column--full article__content" role="region" aria-label="article body"> <div class="article__side"> <div class="container--sticky not-active"> <div id="cx-next" data-nosnippet> </div> </div> </div> <div id="js-article__body" class="article__body article-wrap at16-col16 barrons-article-wrap" itemprop="articleBody" data-sbid="5611EA8F-A56B-4F00-9E00-7B16BF55FF5C" role="document"> <div class="barrons-article-ad-wrapper"> <div data-track="barrons-article-ad-wrap" class="barrons-article-ad sticky_item"> <div class="barrons-main-article-ad-target sticky_target body_ad" aria-hidden="true"></div> </div> </div> <p>Exxon Mobil Corp. <a data-track-hover="QuotePeek" data-charting-symbol="STOCK/US/XNYS/XOM" class="qt-chip positive" href="/web/20220120212312/https://www.marketwatch.com/investing/stock/XOM?mod=MW_story_quote" target="_blank">XOM, <bg-quote field="percentchange" format="0,000.00%" channel="/zigman2/quotes/204455864/composite" class="positive">+0.22%</bg-quote></a> said Monday it plans to invest more than $50 billion over the next five years to expand its U.S. business, tying the plan in part to the U.S. tax overhaul. The money would go to increase oil production in West Texas' Permian Basin, the only oil-producing domestic region to earn a mention, to general improvements in infrastructure, and to new plants, the company said in a <a href="https://web.archive.org/web/20220120212312/https://energyfactor.exxonmobil.com/perspectives/economic-boon/" target="_blank" class="icon none">blog post</a> penned by Chief Executive Darren Woods. "These investments are underpinned by the unique strengths of our company and enhanced by the historic tax reform recently signed into law," he said. Exxon shares fell 0.7% Monday and have gained 3.3% in the past 12 months, compared with gains around 25% for the S&P; 500 index <a data-track-hover="QuotePeek" data-charting-symbol="INDEX/US/S&amp;P US/SPX" class="qt-chip negative" href="/web/20220120212312/https://www.marketwatch.com/investing/index/SPX?mod=MW_story_quote" target="_blank">SPX, <bg-quote field="percentchange" format="0,000.00%" channel="/zigman2/quotes/210599714/realtime" class="negative">-1.10%</bg-quote></a><span>.</span> </p> <div class="paywall"> </div> </div> </div> <div class="column column--full article__footer" role="region" aria-label="article footer"> <div class="element element--article next-up"> <header class="header header--secondary"> <h3 class="title"> <span class="label">Read Next</span> </h3> </header> <div class="article__container"> <figure class="article__figure"> <a class="figure__image" href="https://web.archive.org/web/20220120212312/https://www.marketwatch.com/articles/covid-pandemic-endemic-51642708516?mod=mw_more_headlines"> <img src="https://web.archive.org/web/20220120212312im_/https://images.barrons.com/im-471153?width=300&amp;height=168" alt="Read full story"/> </a> </figure> <div class="article__content"> <header class="header header--secondary"> <h3 class="title"> <span class="label">Read Next</span> </h3> </header> <h3 class="article__headline"> <a class="link" href="https://web.archive.org/web/20220120212312/https://www.marketwatch.com/articles/covid-pandemic-endemic-51642708516?mod=mw_more_headlines"><span class="label--barrons">Barron&apos;s:</span> ‘Your Great-Great-Great-Grandchildren Will Still Be Getting Immunized Against Coronavirus’: This Mayo Clinic Doctor Says It’s Too Late to Eradicate COVID-19</a> </h3> <p class="article__summary">Here&#39;s what to know. </p> </div> </div> </div> <div class="element element--list more-headlines"> <header class="header header--secondary"> <h3 class="title"> <span class="label">More On MarketWatch</span> </h3> </header> <ul class="list list--headlines"> <li class="headline__item"> <a class="link" href="https://web.archive.org/web/20220120212312/https://www.marketwatch.com/articles/tech-stocks-slammed-apple-microsoft-tesla-buys-51642512041?mod=mw_more_headlines"><span class="label--barrons">Barron&apos;s:</span> Tech Stocks Are Getting Slammed Yet Again. 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