Exxon Mobil expects 3rd-quarter earnings were hit by lower oil prices
A slump in oil prices probably reduced Exxon Mobil's third-quarter upstream earnings by $600 million to $1 billion, the oil major signaled in a regulatory filing published on Thursday.
ExxonMobil Warns of $1B Hit to Q3 Earnings Amid Falling Oil Prices
Exxon Mobil Corporation XOM has issued a warning regarding its third-quarter financial results, indicating a negative impact due to declining oil prices and refining margins from the second quarter. In its regulatory filing,
ExxonMobil Warns Lower Oil Prices and Refining Margins Will Hurt Q3 Profit
ExxonMobil said lower oil prices and refining margins will lower third-quarter profit as compared with the second quarter.
Exxon Mobil's Q3 Upstream Earnings Likely Decreased By Up To $1 Bln Due To Falling Oil Price
Exxon Mobil (XOM) disclosed in a regulatory filing that it expects a reduction in its third-quarter upstream earnings of
Exxon Mobil Signals Fall in Third-Quarter Upstream Earnings
Exxon posted $7.07 billion in upstream earnings for the second quarter and a net profit of $9.1 billion in the year-ago third quarter. Analysts expect the industry giant to post an adjusted profit of $1.97 per share in the third quarter, according to estimates compiled by LSEG.
Stock Of The Day: Is Exxon A Way To Profit From Higher Oil Prices?
Tensions in the Middle East have created trading opportunities in the energy stocks. Shares on Exxon (XOM) may be about to breakout.
Exxon rises to all-time high but sees Q3 earnings hit from lower oil prices
Exxon Mobil (NYSE:XOM) +1.1% in early trading Friday to an all-time intraday high $124.16, as crude oil futures extend gains in their best week since March 2023 with the market bracing for a possible strike by Israel on Iran's crude facilities in retaliation for the ballistic missile attack earlier this week.
ExxonMobil’s (NYSE:XOM) Q3 Earnings Face Pressure from Falling Oil Prices
A slump in oil prices appears to have significantly impacted Exxon Mobil’s ($XOM) third-quarter upstream earnings, potentially reducing profits by
Exxon Mobil Braces For Q3 Earnings Hit As Oil Price Swings Bite Into Profits
Exxon Mobil revealed 3Q earnings impact due to reduction in oil prices. Analysts project $1.97 EPS and $96.136B revenue.
Exxon Mobil Stock Trades On Future Prospects
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Even big oil is asking Trump to spare Biden's signature bill — or at least parts of it
Former President Donald Trump has been publicly critical of the sitting president’s signature climate bill and its benefits ...
Exxon Mobil says advanced recycling is the answer to plastic waste. But is it really?
Exxon Mobil has touted 'advanced recycling' as a groundbreaking technology that will turn the tide in the plastic crisis.
APA Corporation: Oil Patch Value
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Oil Price Spikes From Middle East Conflict Get Noticed on Wall Street
Wall Street has taken notice — share prices for companies in oil, gas, and drilling have moved higher with crude prices. The ...
Is Exxon Mobil Corp. (XOM) the Most Undervalued Large Cap Stock to Invest In Now?
We recently compiled a list of the 10 Most Undervalued Large Cap Stocks To Invest In. In this article, we are going to take a ...
Exxon Mobil: You Won't Get It That Cheap Now (Rating Downgrade)
Exxon Mobil has significant upstream assets to capitalize on. Read why waiting for a more attractive buying opportunity seems wise with XOM stock.
Nigeria Set to Approve Exxon Sale of Oil, Gas Assets to Seplat
Nigeria is set to approve Exxon Mobil Corp.’s sale of its oil and gas assets to domestic energy supplier Seplat Energy Plc, ...