Exxon Drops

Exxon Mobil warns that lower oil prices and tighter refining margins will weigh on 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 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 Drops After Warning of Oil, Refining Hit to 4Q Profit
Exxon Mobil Corp.’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 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 Mobil's Earnings Warning Shouldn't Worry Investors
Exxon Mobil said lower oil prices and refining margins will weigh on earnings, but Wall Street isn't overly concerned. Here's what you need to know.
Exxon Mobil Signals Lower Q4 Earnings. Here’s What Analysts Are Saying.
Exxon Mobil profits will likely miss fourth-quarter-earnings estimates by close to 20%, one analyst argued as he trimmed his numbers. While Exxon Mobil expects changes in gas prices to improve earnings by up to $400 million,
ExxonMobil 4Q Earnings to Fall on Lower Oil Prices
ExxonMobil expects falling oil prices to drag on fourth-quarter earnings, while higher gas prices will provide a boost.
Exxon Predicts $700 Million Hit to Profit From Lower Oil Prices
Exxon Mobil Corp. said earnings took a hit from lower crude prices and narrowing refining margins during the final three ...
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 ...
US Oil Production Will Disappoint Again In 2025
Until we see robust economic growth return that allows the unwinding of OPEC+ cuts in a manner that does not impact balances, ...
Goldman Sachs Flags Weak Q4 Guidance For Exxon Amid Weak Upstream And Chemical Results
Goldman Sachs analyst Neil Mehta expressed views on Exxon Mobil Corporation‘s (NYSE:XOM) trading update reported yesterday.
Exxon signals weaker performance across the board to hurt Q4 profits
Exxon Mobil signaled on Tuesday that sharply lower oil refining profits and weakness across all its businesses would reduce ...
Canada's Imperial Oil Says Senior Executive to Leave for Exxon Mobil
(Reuters) - Canadian oil refiner Imperial Oil said on Friday senior executive Sherri Evers will join major shareholder Exxon ...
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 ...