Exxon Mobil shares move lower after reporting lower Q1 earnings due to declining oil refining margins and gas prices.
The oil companies are still printing big profits, but their postpandemic run of record earnings is slowing down.
E xxon Mobil and Chevron will announce first-quarter earnings and revenue early Friday as the two U.S. supermajors continue to squabble over Chevron's attempt to move into oil-rich Guyana. Both XOM ...
Last week, Exxon's smaller rival Chevron posted softer-than-expected fourth quarter earnings of $7.9 billion, or $4.09 per share, just days after unveiling plans for a $75 billion buyback. . Group ...
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 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 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 ...
HOUSTON: Exxon Mobil Corp signalled another strong operational profit of about US$15.4bil (RM67.8bil) in its fourth quarter, pushing it toward a record profit for all of 2022. The largest US oil ...
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.
Weak oil and gas prices anticipated to impact Exxon Mobil's Q1 FY24 results. Fluctuations in gas prices expected to negatively influence upstream results by $(0.6)B to $(0.2)B. The company ...
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 a ...