Post #10352 by Aussi on the Berkshire Hathaway board

Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A) ❤

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Cost reductions are another key. XOM has now reduced op costs by over $11 billion annually in pursuit of their $15 billion goal by 2027.

From the recent earnings announcement, the cost savings is total, not annual:

"And across the entire company, we’ve achieved $11.3 billion of structural cost savings since 2019".

https://corporate.exxonmobil.com/news/news-release...

Aussi

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