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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
(Reuters) -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. Oil prices fell by 17% in the third 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 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.
Exxon Mobil signals fall in third-quarter upstream earnings
Exxon Mobil signaled in a regulatory filing on Thursday that changes in oil prices would reduce the energy major's third-quarter upstream earnings by $600 million to $1 billion. The company, in its earnings snapshot,
ExxonMobil Warns Lower Oil Prices and Refining Margins Will Hurt Q3 Profit
Key Takeaways ExxonMobil said lower oil prices and refining margins will lower third quarter profit as compared to the second quarter.The company predicted that the change in prices would lower upstream earnings by $600 million to $1 billion,
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.
7h
Exxon Mobil Just Broke Out And Remains Undervalued (Technical Analysis)
Exxon Mobil's dividend is well-covered and likely to increase, supported by higher oil prices. Read why I believe XOM stock ...
1d
Exxon Mobil Poised for Growth: Buy Rating Affirmed Amidst Market Headwinds and Strategic Adjustments
Analyst Jason Gabelman from TD Cowen maintained a Buy rating on Exxon Mobil (XOM – Research Report) and keeping the price target at ...
8d
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.
2h
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.
6d
Jim Cramer on Exxon Mobil (XOM): ‘This is Not the Moment to Own Oil’
We recently published a list of Jim Cramer Stock Portfolio for Q4: Top 11 Stocks to Buy and Sell. Since Exxon Mobil Corp ...
3d
Exxon's deal with unions at Port Jerome refinery to allow job-cutting plan to move ahead
Energy major Exxon Mobil can move ahead with a plan to cut jobs at its Port Jerome refinery in northern France after ...
12d
on MSN
California lawsuit accuses Exxon Mobil of misleading the public about plastic recycling
California Atty. Gen. Rob Bonta filed a first-of-a-kind lawsuit against the oil giants, saying they've deceived the public ...
10d
Exxon Paid More Tax to UAE Than Any Other Country in 2023
Exxon Mobil Corp. revealed it paid $7.41 billion in taxes and royalties to the United Arab Emirates last year, more than any ...
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