By Josh Beckerman

Exxon Mobil Corp. (XOM) said it expects to increase annual "earnings potential" by more than 140% by 2025, compared with 2017 adjusted earnings, assuming a 2017 oil price of $60 a barrel adjusted for inflation and based on 2017 margins.

Under those conditions, it expects to double potential annual cash flow from operations.

Exxon Mobil said shareholders voted in the company's favor at its annual meeting on matters including board nominees and stockholder proposals.

Write to Josh Beckerman at josh.beckerman@wsj.com

(END) Dow Jones Newswires

May 29, 2019 13:28 ET (17:28 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.
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