Exxon Mobil shares move lower after reporting lower Q1 earnings due to declining oil refining margins and gas prices.
For the last two years, Exxon enjoyed a period of profitability unprecedented in the Texas oil giant’s long history as it rode surging energy prices to record profit and shareholder payouts ...
ExxonMobil beat on sales and almost beat on earnings this morning. Nevertheless, Exxon's profits were down 28% year over year, and investors didn't like that one bit. Free cash flow at the oil ...
Exxon Mobil and Chevron posted lower first-quarter profits in part due to anemic natural-gas prices and refining margins, as ...
A glut of natural gas and a warmer-than-expected winter slashed natural gas prices, eating into earnings. Exxon, which is in ... where gross production reached a record 600,000 barrels per day ...
Exxon Mobil’s XOM first-quarter adjusted earnings fell to $8.2 billion from $11.6 billion the year before, slightly short of market expectations. The decline was largely attributable to lower ...
ExxonMobil (NYSE: XOM) reported on Friday underwhelming earnings for the first quarter that were lower than consensus estimates, due to declining natural gas prices and refining margins and non ...
Exxon Mobil beats revenue expectations, reporting $83.083 billion, exceeding consensus by nearly $5 billion. Adjusted net profit declines to $8.22 billion in Q1 FY24, down from $11.62 billion Y/Y ...
Exxon’s so-so first quarter came on the heels of record profits in 2022. Fortune • 2d ago Chevron Showcases How Integration Can Pay Big Dividends in the Oil Patch ...