Exxon Mobil Corp. /zigman2/quotes/204455864/composite XOM +2.94% said Wednesday that it has finalized its corporate plans to 2027, including increased spending on greenhouse gas emission-reduction projects to $15 billion over the next six years. The company said it also plans to maintain "disciplined capital investments," keeping that in the range of $20 billion to $25 billion per year through 2027. "The support the corporate strategy of continued structural cost savings, investment in low-cost-of-supply and lower-emission products, and further portfolio high-grading, positioning the company to double earnings and cash flow by 2027 versus 2019," the oil giant stated. The stock rose 2.1% in premarket trading, and crude oil futures /zigman2/quotes/209723049/delayed CL00 -0.28% bounced 4.7% off Tuesday's 3-month closing low. Exxon Mobil's stock has rallied 45.2% year to date through Tuesday, while the SPDR Energy Select Sector ETF /zigman2/quotes/206420077/composite XLE +3.88% has run up 44.0% and the S&P 500 /zigman2/quotes/210599714/realtime SPX -1.22% has advanced 21.6%.