Exxon Estimates It Will Take 1-2 Months For Normal Flows To Resume After Strait Of Hormuz Reopens

ReutersMay 1, 2026 2:32 PM

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May 1 (Reuters) - Exxon Mobil Corp XOM.N:

EXXON CEO DARREN WOODS ESTIMATES IT WILL TAKE 1-2 MONTHS FOR NORMAL FLOWS TO RESUME AFTER STRAIT OF HORMUZ REOPENS - CONFERENCE CALL
EXXON CEO SAYS PRODUCTION THAT IS CURRENTLY OFFLINE IN MIDDLE EAST CAN RETURN RELATIVELY QUICKLY ONCE STRAIT REOPENS, BUT DAMAGED QATAR LNG TRAINS WILL TAKE LONGER
EXXON CEO SAYS CRUDE EXPORT RESTRICTIONS WOULD BE HUGELY DETRIMENTAL TO INDUSTRY AND SUPPLY
EXXON SAYS QATAR LNG REPAIR WORK WILL BE STRUCTURED TO ENSURE RETURN ON CAPITAL DEPLOYED
EXXON CEO SAYS GOLDEN PASS TRAIN 2 EXPECTED TO BE MECHANICALLY COMPLETE BY END OF THIS YEAR
EXXON CEO SAYS GOLDEN PASS TRAIN 3 EXPECTED TO BE COMPLETE IN SECOND QUARTER NEXT YEAR
EXXON CEO SAYS THERE ARE OPPORTUNITIES IN THE COLD LAKE OIL SANDS IN CANADA AND "WE'RE PROGRESSING THOSE"

Source text: Q1 Conference Call

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