Exxon Mobil unveils plans for a natural-gas fired power plant with carbon capture, as well as plans for $140B investment in Permian Basin, and strong earnings outlook.

This would be the first time Exxon built a power plant that wasn’t intended to power its own operations, the New York Times reported.

Exxon Mobil plans to invest heavily into several big projects over the next six years, even as some other oil companies are growing more cautious, the company said at an investor day on Wednesday. All that investment comes at a time when most analysts expect oil prices to fall next year because of a glut—which may be why Exxon stock was down 0.