XOM Q3 earnings gain on production growth from its Guyana and Permian Basin resources. Revenues decline year-over-year over lower commodity price realizations.
Exxon Mobil Corporation (NYSE:XOM ) Q3 2024 Earnings Conference Call November 1, 2024 9:30 AM ET Company Participants Jim Chapman - Treasurer, and Vice President of Investor Relations Darren Woods - Chairman, and Chief Executive Officer Kathy Mikells - Senior Vice President, and Chief Financial Officer Conference Call Participants Devin McDermott - Morgan Stanley Neil Mehta - Goldman Sachs Doug Leggett - Wolfe Research John Royall - J.P. Morgan Betty Jiang - Barclays Capital Bob Brackett - Bernstein Research Jean Ann Salisbury - Bank of America Biraj Borkhataria - RBC Capital Markets Ryan Todd - Piper Sandler Paul Cheng - Scotiabank Jason Gabelman - Cowen & Company Roger Read - Wells Fargo Jim Chapman Good morning, everyone.
Exxon Mobil chairman and CEO Darren Woods discusses the California lawsuit against the company.
Chevron Corp (NYSE:CVX) and Exxon Mobil Corp (NYSE:XOM) just had their turn in the earnings confessional.
Exxon Mobil chairman and CEO Darren Woods on Friday discussed the potential impact of 2024 election on the company.
Exxon Mobil Corp (NYSE:XOM, ETR:XONA) reported mixed results for the third quarter, with profit ahead of expectations but revenue falling short. Profits were $8.6 billion or $1.92 per share, above estimates of $1.91.
Exxon CEO Darren Woods said U.S. shale oil production does not face external constraints. Production levels in the U.S. are driven by the oil and gas industry deploying capital to generate shareholder returns, Woods said.
Exxon Mobil chairman and CEO Darren Woods joins 'Squawk Box' to discuss the company's quarterly earnings results, which beat third-quarter earnings expectations as the oil major reached its highest liquids production level in more than four decades, oil production outlook, impact of 2024 election, California lawsuit, and more.
Exxon Mobil (XOM) came out with quarterly earnings of $1.92 per share, beating the Zacks Consensus Estimate of $1.91 per share. This compares to earnings of $2.27 per share a year ago.
CNBC's Becky Quick reports on the company's quarterly earnings results.
Exxon Mobil Corp.'s stock rose 1.8% early Friday, after the oil giant's third-quarter earnings showed a profit beat that offset a revenue miss and the company boosted its quarterly dividend by 4%.
Exxon beat Wall Street's earnings expectations, though its profits fell slightly compared to the year ago period. The oil major booked net income of $8.61 billion in the quarter, or $1.92 per share.