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Exxon Mobil signals fall in 3rd-quarter upstream earnings
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 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.
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 Sees $1.6 Billion Earnings Hit From Oil, Refining Margins
Exxon Mobil Corp. said lower oil prices and refining margins reduced third-quarter earnings by $1.6 billion compared with the previous period. Most Read from BloombergThe Corner Store ComebackA Housin
ExxonMobil’s (NYSE:XOM) Q3 Earnings Face Pressure from Falling Oil Prices
A slump in oil prices appears to have significantly impacted Exxon Mobil’s ($XOM) third-quarter upstream earnings, potentially reducing profits by
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.
Middle East, Oil
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 S&P 500 has dropped nearly one percent in that stretch. The energy sector within that index has rallied nearly 7 percent.
India prepared to handle oil supply hit from Middle East conflict, oil minister says
India will be able to navigate through any hit to oil supplies from the potential widening of the Middle East conflict, oil minister Hardeep Singh Puri said on Monday. India, the world's third-biggest oil importer and consumer,
Business Matters: Oil prices could climb even higher amid escalating Middle East conflicts
Crude oil prices soared nearly 10 per cent last week, marking the biggest weekly gain since March 2023 and there are concerns prices could climb higher following escalating conflicts in the Middle East.
12h
Exxon Mobil Stock Trades On Future Prospects
The market appears to be finally seeing the effects of Exxon Mobil's growth and income strategy. Read why I maintain my ...
9h
on MSN
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 ...
Investor's Business Daily on MSN
1h
Oil Prices Top Key Hurdle As Israel Prepares Response To Iran: These Stocks Are Actionable
U.S. oil prices moved up to just below $75 per barrel on Friday, nearing an August high, as tensions in the Middle East ...
9d
on MSN
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.
9h
APA Corporation: Oil Patch Value
APA Corporation is a mid-sized oil and gas company with a 3.7% dividend and potential 30% capital gain in 2024. Check out why ...
1d
on MSN
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 ...
6d
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, ...
1d
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.
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