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Exxon, Q4 earnings
Exxon predicts $700 million hit to profit from lower oil prices
The company faces “significant headwinds” at its refining division.
Exxon expects reduced Q4 earnings from lower oil prices, refining squeeze
Exxon Mobil (NYSE:XOM) -1.4% in Wednesday's trading after saying its Q4 earnings were hurt by lower crude prices and narrower refining margins, in a sign that the quarter may have been a tough one for the big oil companies.
Wall Street cuts Exxon earnings views after fourth-quarter snapshot
Exxon Mobil shares fell nearly 2% in early trading on Wednesday after the top U.S. oil producer warned of a decline in refining profits in the fourth quarter and weak returns across its operations.
ExxonMobil Says Lower Oil Prices Will Hit Q4 Earnings
ExxonMobil said it expects to take an up to $900 million hit to its upstream earnings in the fourth quarter versus the previous three months amid falling oil prices.
Exxon Mobil's stock falls after warning that lower oil prices will crimp earnings
Exxon Mobil Corp.’s stock fell 1.4% Wednesday after the oil giant said lower oil prices and pressure on refining margins would weigh on fourth-quarter earnings. Oil prices measured by the U.S. WTI benchmark fell about 6.
Exxon signals weaker performance across the board to hurt Q4 profits
Exxon Mobil said on Tuesday changes in oil prices would ease its fourth-quarter upstream earnings by $500 million to $900 million.
Exxon Warns of Weaker Q4 Profits Amid Lower Refining Margins
Exxon expects lower-than-expected fourth-quarter profits due to weaker refining margins and a $600 million impairment.
Exxon Mobil warns that lower oil prices and tighter refining margins will weigh on earnings
Exxon Mobil Corp.’s stock fell 0.5% early Wednesday, after the oil giant said lower oil prices and pressure on refining margins would weigh on fourth-quarter earnings. Oil prices measured by the U.S.
ExxonMobil Earnings to Fall on Lower Oil Prices
The change in gas prices, however, may boost earnings by as much as $400 million for the quarter, the company said..
Exxon Mobil signals oil refining results to hurt Q4 profits
Exxon Mobil signaled on Tuesday that sharply weaker oil refining results, asset impairments and lower oil prices would reduce its fourth-quarter earnings by about $1.75 billion from the prior quarter.
1d
Goldman Sachs Flags Weak Q4 Guidance For Exxon Amid Weak Upstream And Chemical Results
Goldman Sachs analyst expresses views on Exxon Mobil's Q4 earnings expectations. The company projected impact on upstream ...
1d
Exxon's Earnings Bombshell: Profits Set to Miss Big
Exxon's Q3 profits were already down 5% year-over-year, and Chevron ( NYSE:CVX) took an even bigger hit, with a 21% drop in ...
8d
Why Exxon Mobil (XOM) Is a Top Dividend Stock for 2025 and Beyond
Looking for a top dividend stock to add to your portfolio as we head into 2025? How about energy giant Exxon Mobil (XOM)? I’m ...
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