Exxon Mobil warns that lower oil prices and tighter refining …
1 day ago · 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.
Exxon Mobil warns that lower oil prices and tighter refining
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 ...
Exxon warns of hit to Q4 profits after drop in oil prices, weaker ...
2 days ago · Exxon's snapshot is closely watched for clues to how other oil majors will fare when they begin releasing results this month. ... News. Today's news ; US ; Politics ... Oil prices declined about 6 ...
ExxonMobil Braces for $900M Profit Blow as Oil Prices Plunge, …
1 day ago · ExxonMobil is still growing its output of oil and gas, hence the announcement fits perfectly. The firm underlined in December its long-term plan, which calls for using its $60 billion acquisition ...
Exxon drops after warning of oil, refining hit to 4Q profit
17 hours ago · Exxon Mobil’s shares fell after the company warned its fourth-quarter earnings will take a hit from lower crude prices and narrowing refining margins during the final three months of 2024.
Exxon Warns of Weaker Q4 Profits Amid Lower Refining Margins
1 day ago · Exxon expects to book a weaker profit for the fourth quarter of 2024 because of lower refining margins, the company said in an SEC filing this week, estimating the size of the negative impact at ...
ExxonMobil Says Lower Oil Prices Will Hit Q4 Earnings
1 day ago · Lower liquids prices are set to bring down its upstream earnings by between $500 million to $900 million in the fourth quarter of 2024 compared with the third quarter, the oil giant said in a ...
Exxon Drops After Warning of Oil, Refining Hit to 4Q Profit
2 days ago · Oil prices lowered earnings at Exxon’s production division by about $700 million, while refining margins reduced its profit by a further $500 million compared with the third quarter, Exxon said ...
Exxon overcomes hefty charge and falling crude prices in fourth …
Feb 2, 2024 · Exxon Mobil’s fourth-quarter revenue and profits declined along with the price of oil, and the energy giant was weighed down by a hefty impairment charge tied to regulatory issues in California. Still, it posted a healthy adjusted profit and the company raised its quarterly dividend.
ExxonMobil Earnings to Fall on Lower Oil Prices - WSJ
The change in gas prices, however, may boost earnings by as much as $400 million for the quarter, the company said.. Receding liquids prices to lower its upstream earnings by $500 million to $900 ...