Exxon Mobil Corporation (XOM)
Should You Buy, Hold, or Sell ExxonMobil (XOM) Post Q2 Update?
Exxon Mobil Corporation XOM recently made a Form 8-K disclosure, stating that soft natural gas prices — resulting from reduced demand and surplus inventories — are expected to have negatively impacted its second-quarter 2024 earnings. Additionally, its announcement regarding diminished refining margins exacerbates apprehensions about second-quarter earnings performance.
ExxonMobil (XOM) Expects Soft Gas Prices to Hurt Q2 Earnings
ExxonMobil (XOM) expects soft gas prices and unfavorable changes in industry margins to hurt Q2 earnings.
Exxon Mobil (XOM) Stock Sinks As Market Gains: Here's Why
In the most recent trading session, Exxon Mobil (XOM) closed at $112.18, indicating a -1.05% shift from the previous trading day.
Exxon Mobil expects weaker earnings than market was expecting, filing shows
Exxon Mobil Corp (NYSE:XOM, ETR:XONA) shares fell Monday on indications from the oil supermajor that quarterly earnings would be weaker than expected. An 8K filing indicated earnings per share (EPS) would be around $1.50-2.40 per share, mostly less than the consensus forecast of roughly $2.30 per share.
Exxon Slips on Chance of Weak Earnings
The company released a few details about its coming quarterly report in a government filing.
Exxon Mobil poised to deliver Q2 earnings beat on higher crude prices, increased production
Exxon Mobil Corp (NYSE:XOM, ETR:XONA) is expected to highlight quarter-over-quarter improvements when it files its quarterly earnings considerations 8-K, analysts at UBS believe. The UBS analysts have a ‘Buy' rating on the stock and a $154 price target, representing upside of about 35% from its current share price of $114.
Is It Time To Buy ExxonMobil Stock As Oil Prices Hit Two-Month Highs?
XOM stock is climbing back from June lows along with the rise in oil prices. Exxon is fighting to block Chevron's acquisition of Hess.
Exxon Mobil Corporation (XOM) Is a Trending Stock: Facts to Know Before Betting on It
Recently, Zacks.com users have been paying close attention to Exxon (XOM). This makes it worthwhile to examine what the stock has in store.
ExxonMobil's (XOM) Hammerhead Project Fuels Guyanese Production
ExxonMobil (XOM) is currently producing around 650,000 barrels per day of oil from Guyana, and the Hammerhead FPSO is expected to ramp up the production to 1.5 million barrels per day.
Exxon Mobil: Gaining A Competitive Edge With Cost Advantaged Assets
Exxon Mobil and partners had a record-breaking profitable fiscal year in Guyana with the widest margins in the industry for a major project. Discovering oil in offshore Guyana took years and lots of money. There were many failures before there was oil found. The Sixth FPSO project, Whiptail, is underway and expected to be in production in fiscal year 2027, contributing to a future total production of 1.5 million BOD.
ExxonMobil's (XOM) French Refinery Suspension Looms Amid Strike
ExxonMobil (XOM) may suspend operations at its Gravenchon refinery due to an ongoing strike. The refinery, representing a fifth of France's refining capacity, has faced significant losses and operational challenges, leaving its future hanging in the balance.
ExxonMobil (XOM), Air Liquide Partner for Texas Hydrogen Project
ExxonMobil (XOM) and Air Liquide join forces to enhance low-carbon hydrogen and ammonia production at the Baytown, TX facility, slated to begin production in 2028, to drive industrial decarbonization along the U.S. Gulf Coast.
