Exxon Mobil Corporation (XOM)
Softer Oil & Gas Prices in Q2: Will XOM's Bottom Line Be Affected?
Exxon Mobil expects Q2 upstream earnings to fall as weaker oil and gas prices weigh on exploration and production activities.
Exxon Mobil expects $1.5B hit to Q2 earnings from lower oil and gas prices
Exxon Mobil Corp (NYSE:XOM, ETR:XONA) warned on Monday that lower oil and gas prices may result in a $1.5 billion drop in second quarter earnings compared to the previous quarter. In a regulatory filing with the US Securities and Exchange Commission (SEC), Exxon Mobil said it expects a profit impact from falling liquids prices between $800 million and $1.2 billion.
ExxonMobil Warns Falling Fuel Prices Will Pull Down Earnings
Exxon Mobil Corp. (XOM) warned that lower oil and gas prices would pull down current-quarter earnings by as much as $1.9 billion compared with the first quarter.
Exxon Mobil warns lower oil, gas prices could cut profit by over $1B
Benchmark Brent crude prices averaged $66.71 per barrel during the April to June quarter, an 11% decline from the previous quarter.
Exxon just warned Wall Street of billion-dollar profit hits. Here's what may cause it.
Exxon Mobil Corp. late Monday warned investors that its second-quarter profit may take a hit of more than $1 billion from lower crude prices, and just under $1 billion from lower natural-gas prices.
ExxonMobil: Limited Risk and Lots of Reward With This Oil Play
Over the past few years, the company's efforts have included repositioning, ramping up production, and improving operational quality, which have driven a robust cash flow despite the decline in oil prices.
Indonesia, U.S. companies including Pertamina, Exxon to sign $34 bln deal
Companies from Indonesia and the United States are expected to sign a memorandum of understanding worth $34 billion, including state energy Pertamina [RIC:RIC:PERTM.UL], Exxon Mobil Corp and Chevron , a government official said on Monday.
Will Exxon (XOM) Beat Estimates Again in Its Next Earnings Report?
Exxon (XOM) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
ExxonMobil tipped to beat EPS estimates for Q2 despite oil price drag, analysts say
Exxon Mobil Corp (NYSE:XOM, ETR:XONA) has earned a repeat ‘Buy' rating from UBS analysts who remain bullish on the energy giant ahead of its second quarter earnings report. They have a $130 price target on ExxonMobil, representing 17% upside on its July 2 closing price of about $111.
Exxon Mobil: Guyana Production About To Grow Roughly 50%
Exxon Mobil is set to boost Guyana's production by 50% with a new platform. Management is confident in winning the right of first refusal dispute. Guyana's profits surged 64%.
Can Disciplined Cost Management Fuel ExxonMobil's Future?
XOM targets breakeven at $30/barrel by 2030 while slashing $12.7B in costs, fueling resilience amid price swings.
ExxonMobil Loses Supreme Court Appeal Over Baytown Pollution Penalty
XOM's $14.25 million Baytown pollution fine stands as the Supreme Court rejects its appeal in a landmark Clean Air Act case.
