AsExxon Mobil Corp(NYSE:XOM) prepares to release its third-quarter earnings Friday morning, investors will likely focus on the company's ongoing production growth, particularly from its high-output assets in thePermian BasinandGuyana, as well as cost savings initiatives designed to boost profitability.

Despite mixed sentiment in the second quarter, the company's financial resilience and strategic cost controls have positioned it to deliver another strong quarter for production and potential earnings growth.

What To Know: In the second quarter, Exxon reported total revenues of $93.06 billion, outpacing the consensus estimate of $90.987 billion. This growth came...