Khadija Saeed

Exxon Mobil shares ended Friday roughly 1% higher at $134.97. Late in the session, the company confirmed that its XTO unit has opened a virtual data room to gauge buyer interest in select Eagle Ford shale assets in South Texas. Sources say the sale process is being handled internally, without investment banks. The package covers about 168,000 net acres and more than a thousand wells, with a potential value topping $1 billion. Exxon said this aligns with its ongoing strategy to “continually evaluate and optimize” its portfolio, focusing on growth in the Permian Basin, Guyana, and liquefied natural gas.