ExxonMobil’s (NYSE:XOM) Q3 Earnings Face Pressure from Falling Oil Prices
A slump in oil prices appears to have significantly impacted Exxon Mobil’s ($XOM) third-quarter upstream earnings, potentially reducing profits by
Exxon Warns Low Oil Prices, Refining Margins Will Impact 3Q Earnings -- OPIS
Low oil prices and weak refining margins are likely to have a significant impact on ExxonMobil's third quarter earnings, the company warned Thursday in a filing with the Securities and Exchange Commission.
Exxon Mobil's Q3 Upstream Earnings Likely Decreased By Up To $1 Bln Due To Falling Oil Price
Exxon Mobil (XOM) disclosed in a regulatory filing that it expects a reduction in its third-quarter upstream earnings of
Exxon Mobil expects 3rd-quarter earnings were hit by lower oil prices
(Reuters) -A slump in oil prices probably reduced Exxon Mobil's third-quarter upstream earnings by $600 million to $1 billion, the oil major signaled in a regulatory filing published on Thursday. Oil prices fell by 17% in the third quarter,
Exxon rises to all-time high but sees Q3 earnings hit from lower oil prices
Exxon Mobil (NYSE:XOM) +1.1% in early trading Friday to an all-time intraday high $124.16, as crude oil futures extend gains in their best week since March 2023 with the market bracing for a possible strike by Israel on Iran's crude facilities in retaliation for the ballistic missile attack earlier this week.
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Reasons to Retain ExxonMobil Stock in Your Portfolio Now
Exxon Mobil Corporation XOM has witnessed upward earnings estimate revisions for 2024. This leading integrated energy player has a Zacks Rank #3 (Hold) at present. What's Favoring XOM? The West Texas ...
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Oil Majors Are Facing a Major Dilemma
- BP stands out amongst oil majors as it already has the highest debt ratio with $22.6 billion of net debt against a ...
Why Top Oil Stocks Like ExxonMobil and Chevron Continue to Fall Despite China's Stimulus and Interest Rate Cuts
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Isle of Wight East MP welcomes ExxonMobil decision
The former family solicitor and nursing charity worker, who also represents Bembridge on the Isle of Wight Council, voted for Cllr Nick Stuart's motion opposing the pipeline last month along with Isle ...
ExxonMobil Accused of “Deceptively” Promoting Chemical Recycling as a Solution for the Plastics Crisis
The California attorney general’s lawsuit, which cites ProPublica reporting, alleges that products made with Exxon’s process ...
Why ExxonMobil, Conoco Phillips, and Lockheed Martin Rallied on a Down Day for the Markets
Shares of oil and gas majors ExxonMobil (NYSE: XOM) and Conoco Phillips (NYSE: COP), as well as defense contractor Lockheed Martin (NYSE: LMT), rallied on Tuesday, up 2.8%, 4.2%, and 3.5%, ...
California sues ExxonMobil for alleged decades of deception around plastic recycling, in first-of-its-kind lawsuit
California Attorney General Rob Bonta filed a lawsuit against oil and gas giant ExxonMobil for allegedly misleading the ...
California sues Big Oil, alleging ExxonMobil spent decades misleading about plastic recycling
California Attorney General Rob Bonta on Monday announced that he is suing ExxonMobil, alleging that the oil giant has waged ...
Is ExxonMobil Stock a Buy?
Exxon is a great pick if you need to add some energy exposure to your portfolio for diversification purposes. Now isn't a ...
CO2 pipeline plan axed by ExxonMobil, MPs told
Plans for a "controversial" scheme to build a carbon dioxide pipeline on the Isle of Wight have been scrapped, MPs say.