XOM Awards Major Deepwater Seismic Contract to Shearwater in Guyana

Group 1 - Exxon Mobil Corporation (XOM) has awarded a significant contract to Shearwater Geoservices for a deepwater 4D ocean-bottom node seismic survey in Guyana [1][2] - The seismic survey is expected to start in the first half of 2025 and will last for six months, utilizing advanced technology to monitor hydrocarbon reservoirs [2][3] - Shearwater Geoservices has a successful track record with previous projects for XOM and is experiencing an increase in demand for 4D OBN monitoring in the international energy market [3] Group 2 - XOM currently holds a Zacks Rank 3 (Hold), while Matador Resources Corporation, Equinor ASA, and Archrock Inc. are better-ranked stocks in the energy sector with Zacks Rank 2 (Buy) [4] - Matador Resources has shown operational efficiency and robust growth, positively impacting its bottom line due to favorable oil prices [5] - Equinor ASA is expanding in the renewable energy sector, positioning itself for long-term growth as countries transition to cleaner energy solutions [6] - Archrock focuses on midstream natural gas compression services, generating stable fee-based revenues [7]