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 ...
Today, on April 26th, energy company ExxonMobil (NYSE: XOM) reported its Q1 2024 financial results before US markets opened.
The results did not meet Wall Street expectations, but Exxon does not adjust its reported results based on one-time events such as asset sales. The average estimate of seven analysts surveyed by Zacks ...
Exxon Mobil Corporation will report its first-quarter earnings with a predicted decline in revenues of 7% compared to the previous year. Exxon has a mixed track record of beating revenue estimates ...
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 ...
Exxon Mobil ended 2023 on ... according to FactSet. Earnings for the year totaled $36 billion, down 35% from 2022, which was a record year for profits. The company outperformed its production ...
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.