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▶ 14:38 · $XOM · ExxonMobil prioritizes molecule-based low-carbon solutions over electrons to generate returns
episode briefing
In Good Company with Nicolai Tangen

Darren Woods - CEO of ExxonMobil | Podcast | In Good Company | Norges Bank Investment Management

2023-11-26 · 2 company · 6 thematic
sentiment
2 bull0 bear0 neu
speakers
nicolai tangen

Nicolai Tangen is the CEO of Norges Bank Investment Management, which manages the Norwegian Sovereign Wealth Fund, one of the world's largest sovereign wealth funds. He hosts the podcast 'In Good Company' where he interviews leaders across various fields.

darren woods

Darren Woods has spent over 30 years at ExxonMobil, joining in 1992 after an MBA. He became CEO in 2017 and Chair in 2018. He emphasizes long-term investment cycles, molecular management capabilities, and a values-driven culture (integrity, care, courage, resilience, excellence).

quote
“think carbon capture and storage think hydrogen think bofs all of those uh recognized by credit credible third parties are going to be needed as part of the solutions we think we can bring something to Bear there bring an advantage to soci…”
—darren woods
now playing · $XOM
$XOM···bullish· medium· posnicolai tangen
NBIM holds 1% of ExxonMobil, sees challenges and opportunities ahead
Norges Bank Investment Management owns over 1% of ExxonMobil (~$5B), viewing CEO Darren Woods as impressive with significant opportunities despite energy transition challenges.
$XOM···bullish· highdarren woods
ExxonMobil prioritizes molecule-based low-carbon solutions over electrons to generate returns
ExxonMobil leverages its core competitive advantage in molecular management to pursue carbon capture, hydrogen, and biofuels, targeting above-average returns by focusing on techno…