Exxon Misses on Profit as Output Hits Lowest Level Since 2008

The transcript discusses Exxon's financial performance, highlighting a significant miss in their quarterly earnings and issues with transparency. It debates the company's focus on production growth versus stock buybacks, with a specific look at the Guyana project and its long-term strategy. The discussion compares Exxon with Shell, noting differences in their approaches to production and buybacks. Concerns about Exxon's transparency and management's handling of financial data are also raised.

What are the implications of Exxon's production growth on its stock buyback program?

What concerns does the speaker express regarding Exxon's management and their ability to execute plans?