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Exxon Mobil expects 4th-quarter upstream earnings to ease
Exxon Mobil Signals Lower Q4 Earnings. Here’s What Analysts Are Saying.
Exxon Mobil profits will likely miss fourth-quarter-earnings estimates by close to 20%, one analyst argued as he trimmed his numbers. While Exxon Mobil expects changes in gas prices to improve earnings by up to $400 million,
Exxon Mobil expects fourth-quarter upstream earnings to ease
Exxon Mobil said on Tuesday changes in oil prices would ease its fourth-quarter upstream earnings by $500 million to $900 million. The industry bellwether had posted $6.16 billion in upstream earnings for the third quarter,
Exxon Mobil’s Q4 2024 Earnings Impact Preview
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ExxonMobil Warns of Weak Q4 Profits Amid Global Oil Challenges
Exxon Mobil Corporation XOM has projected a sharp decline in its fourth-quarter earnings due to weak performance across all its business segments, including significant headwinds in refining and chemicals.
Exxon signals weaker performance across the board to hurt Q4 profits
Exxon Mobil signaled on Tuesday that sharply lower oil refining profits and weakness across all its businesses would reduce its fourth-quarter earnings by about $1.75 billion from the prior quarter. The oil major also said in an SEC filing that upstream asset sales would benefit results by about $400 million,
Exxon sues California AG for defamation
Exxon Mobil Corp. sues California attorney general for defamation over plastic recycling claims
Exxon Mobil Corp. has filed a federal defamation lawsuit against California Attorney General Rob Bonta and several environmental groups.
Exxon Sues California Official, Claiming He Defamed the Company
The lawsuit, an unusual strategy for the oil giant, comes after California’s attorney general sued Exxon last year alleging it misled the public about plastics recycling.
Exxon sues California AG, environmental groups over attacks on recycling efforts
Exxon Mobil filed a lawsuit on Monday against California Attorney General Rob Bonta and several environmental groups, court records show, accusing them of defaming and disparaging the oil giant's advanced plastics recycling initiatives.
20m
Exxon Mobil Corp. stock falls Wednesday, underperforms market
Exxon Mobil Corp. closed $19.41 below its 52-week high ($126.34), which the company achieved on October 7th.
7h
Exxon slips after flagging weak fourth-quarter earnings on refining squeeze
Exxon Mobil shares fell nearly 2% in early trading on Wednesday after the top U.S. oil producer warned of a decline in ...
5h
Chevron CEO Wirth Backs Hess in Exxon Arbitration Over Guyana
Chevron Corp. Chief Executive Officer Mike Wirth reiterated his support for Hess Corp. in its arbitration battle with Exxon ...
4h
on MSN
Exxon Mobil warns that lower oil prices and tighter refining margins will weigh on earnings
Exxon Mobil has warned that lower oil prices and a squeeze on refinery margins will hurt its fourth-quarter earnings. Exxon ...
1d
Exxon Mobil: Capex Fears Are Exaggerated (Rating Upgrade)
Exxon Mobil shares have underperformed peers following the December strategy update. Read why I upgrade XOM stock from sell ...
23h
on MSN
Exxon Predicts $700 Million Hit to Profit From Lower Oil Prices
Exxon Mobil Corp. said earnings took a hit from lower crude prices and narrowing refining margins during the final three ...
2d
Exxon Mobil Corporation's (NYSE:XOM) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?
Exxon Mobil (NYSE:XOM) has had a rough three months with its share price down 12%. But if you pay close attention, ...
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