Exxon Mobil shares move lower after reporting lower Q1 earnings due to declining oil refining margins and gas prices.
Exxon Mobil banked $8.2 billion in profit in a humdrum quarter, maintaining its perch as one the country’s most profitable ...
ExxonMobil and Chevron both reported a dip in profits Friday on lower refining margins and natural gas prices, but ExxonMobil's big takeover appears on track to close before Chevron's.
Exxon said the profits were a vindication of the firm's strategy Oil giant ExxonMobil reaped a record $55.7bn (£45.2bn) in profit last year as oil prices surged following Russia's invasion of ...
ExxonMobil recorded its highest-ever earnings in the first three months of 2023. The company announced on Friday that it made $11.4 billion between January and March, more than double its $5.5 ...
In an SEC filing, Exxon (XOM) also said changes in gas prices could have a negative impact of $200M-$600M on upstream earnings in Q1, the company said in the filing. The company also said a $500M ...
Exxon Mobil (XOM) is expected to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended March 2024. This widely-known consensus outlook gives ...
On the other hand, Exxon Mobil projects that variations in industry margins will positively impact energy products earnings by $0.5 billion-$0.7 billion and both specialty products earnings and ...
High international oil and natural gas prices last year generated record earnings among all oil majors. Exxon benefited the most after doubling down on oil during the pandemic as European rivals ...
Exxon Mobil Corp.’s first-quarter earnings will likely be lower than in the prior three-month period due to falling oil and gas prices as well as a drop in profit from mark-to-market derivatives.
(Bloomberg) -- Exxon Mobil Corp.’s first-quarter earnings will likely be lower than in the prior three-month period due to falling oil and gas prices as well as a drop in profit from mark-to ...