Exxon Mobil shares move lower after reporting lower Q1 earnings due to declining oil refining margins and gas prices.
For the last two years, Exxon enjoyed a period of profitability unprecedented in the Texas oil giant’s long history as it rode surging energy prices to record profit and shareholder payouts ...
Exxon Mobil and Chevron posted lower first-quarter profits in part due to anemic natural-gas prices and refining margins, as their run of record-setting results tapers off. The oil-and-gas ...
A heavy schedule of refinery maintenance helped drive the earnings miss, according to Biraj Borkhataira of RBC Capital Markets. Exxon’s accounting charges were noncash items associated with tax ...
ExxonMobil (NYSE: XOM) reported on Friday underwhelming earnings for the first quarter that were lower than consensus estimates, due to declining natural gas prices and refining margins and non ...
Investors are always looking for stocks that are poised to beat at earnings season and Exxon Mobil Corporation XOM may be one such company. The firm has earnings coming up pretty soon, and events ...
Exxon Mobil beats revenue expectations, reporting $83.083 billion, exceeding consensus by nearly $5 billion. Adjusted net profit declines to $8.22 billion in Q1 FY24, down from $11.62 billion Y/Y ...