Exxon Mobil is re-entering Libya after a decade of instability, leveraging its integrated strength and low-cost assets. The company is doubling down on low-carbon initiatives and major acquisitions. It has driven a record-breaking oil boom in Guyana, rapidly transforming it into a major producer. However, the company has halted its Baytown blue hydrogen project due to weak demand and higher costs. While its stock has underperformed the S&P 500 over the past year, it has delivered a solid 8.1% return year-to-date, and Wall Street maintains a moderately optimistic outlook.