In the report, Exxon said that lower oil prices during the quarter could reduce earnings by $600 million to $1 billion. The company said it expects lower refining margins to have a similar impact ...
This could be the case even if Exxon Mobil's earnings report in late October or early November is lackluster, as the report is backward looking and will include the benefit of recent oil price ...
Exxon has warned that its third-quarter earnings would likely be affected by lower oil prices, with the impact in the range of $600 million to $1 billion. In an SEC filing, the supermajor also ...
Bolstered by the recent surge attributed to heightened geopolitical tensions between Israel and Iran, investors are likely betting on a potential growth inflection, lifting Exxon's earnings in the ...
The combined company would be the third-largest oil and gas producer in the region behind Exxon and Chevron, with both firms having announced recent deals. Exxon Mobil is suing to block a group of ...
Oct 3 (Reuters) - A slump in oil prices probably reduced Exxon Mobil's (XOM.N), opens new tab third-quarter upstream earnings by $600 million to $1 billion, the oil major signaled in a regulatory ...
Exxon Mobil expects Q3 upstream earnings to lower by $0.6B-$1.0B due to weak oil prices. Industry margin variations could lower energy product earnings by $1.0B-$0.6B, while specialty and chemical ...
(RTTNews) - Exxon Mobil (XOM) disclosed in a regulatory filing that it expects a reduction in its third-quarter upstream earnings of approximately $600 million to $1 billion due to falling oil price.
12:27 PM ESTEnergy Texas Instruments lands better price target as strong year puts value near Exxon's Texas Instruments lands better price target as strong year puts value near Exxon's ...
Because of this, empirical studies indicate a strong correlation between trends in earnings estimate revisions and short-term stock price movements. Exxon is expected to post earnings of $1.97 per ...
The Chemicals segment earnings estimation aligns with previous figures, reinforcing stability. Overall, his top pick recommendation reflects a well-rounded assessment that Exxon Mobil is poised to ...
Exxon Mobil Corporation (NYSE:XOM) shares are trading higher today. The oil giant anticipates changes in oil prices to reduce third-quarter upstream earnings Q/Q by $(1.0) billion to $(0.6) billion.