Exxon Mobil expects 3rd-quarter earnings were hit by lower oil …

Oct 3, 2024  · Oil prices fell by 17% in the third quarter, the largest quarterly decline in a year, on worries about the global oil demand outlook. ... Exxon Mobil expects 3rd-quarter earnings …


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Exxon Mobil Expects 3rd-quarter Earnings Were Hit By Lower Oil …

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Oct 3, 2024  · Oil prices fell by 17% in the third quarter, the largest quarterly decline in a year, on worries about the global oil demand outlook. ... Exxon Mobil expects 3rd-quarter earnings …

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Exxon Mobil Expects 3rd-quarter Earnings Were Hit By Lower Oil …

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Oct 3, 2024  · Oil prices fell by 17% in the third quarter, the largest quarterly decline in a year, on worries about the global oil demand outlook. The company, in its earnings snapshot, indicated …

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Exxon Mobil Expects 3rd-quarter Earnings Were Hit By Lower Oil

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Oct 4, 2024  · They were up just a 1 cent in after hours trading. Exxon posted $7.07 billion in upstream earnings for the second quarter and a net profit of $9.1 billion in the year-ago third …

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ExxonMobil Expects Third-quarter Earnings Were Hit By Lower Oil …

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Oct 4, 2024  · A SLUMP in oil prices probably reduced ExxonMobil’s third-quarter upstream earnings by US$600 million to US$1 billion, the oil major signalled in a regulatory filing …

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Exxon Mobil Expects 3rd-quarter Earnings Were Hit By Lower Oil …

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Oct 3, 2024  · They were up just a 1 cent in after hours trading. Exxon posted $7.07 billion in upstream earnings for the second quarter and a net profit of $9.1 billion in the year-ago third …

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Exxon Warns Of Oil Price Impact On Q3 Earnings | OilPrice.com

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Oct 4, 2024  · International crude oil prices were on average 17% lower during the third quarter of the year than the second, Reuters noted in a report on the Exxon update. The decline followed …

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Exxon 3Q Profits To Climb From Last Quarter On Higher Prices

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Oct 4, 2023  · Exxon Mobil said on Wednesday big increases in oil, gas and fuel prices would deliver a third-quarter operating profit between $8.3 billion and $11.4 billion, below the year …

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ExxonMobil Warns Of $1B Hit To Q3 Earnings Amid Falling Oil Prices

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Oct 7, 2024  · Despite these challenges, ExxonMobil made $9.2 billion in the second quarter of 2024 and $9.1 billion in earnings in the third quarter of 2023. While oil prices fell throughout …

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Exxon Mobil Expects 3rd-quarter Earnings Were Hit By Lower Oil …

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Oct 3, 2024  · Exxon posted $7.07 billion in upstream earnings for the second quarter and a net profit of $9.1 billion in the year-ago third quarter, or $2.25 per share. Analysts expect the …

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Exxon Mobil Braces For Q3 Earnings Hit As Oil Price Swings

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Oct 4, 2024  · Exxon Mobil expects Q3 upstream earnings to lower by $0.6B-$1.0B due to weak oil prices. Industry margin variations could lower energy product earnings by $1.0B-$0.6B, while …

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ExxonMobil Says Lower Oil Prices Will Hit Q4 Earnings - Investopedia

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Jan 8, 2025  · ExxonMobil said it expects to take an up to a $900 million hit to its upstream earnings in the fourth quarter versus the previous three months amid falling oil prices.; Lower …

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Exxon, Chevron Succumb To Oil-Refining Slump As Tariffs Loom

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Jan 31, 2025  · Across all its business lines, Exxon posted adjusted fourth-quarter earnings of $1.67 a share that exceeded the consensus forecast by 12 cents. Chevron, meanwhile, …

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ExxonMobil 4Q Earnings To Fall On Lower Oil Prices

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Jan 7, 2025  · In the third quarter Exxon earned $8.6 billion, with $6.2 billion of that coming from upstream earnings. The company said that the change in gas prices may boost earnings by as …

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Exxon Mobil Posts Mixed Fourth-quarter Results With Higher Oil ...

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Jan 31, 2025  · Exxon’s adjusted profit for the fourth quarter was $7.39 billion or $1.67 per share, beating analyst estimates of $1.56, LSEG data showed. Earnings from oil and gas production …

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ExxonMobil: Solid EPS, But Revenue Miss | The Motley Fool

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Jan 31, 2025  · Global energy giant ExxonMobil (XOM 0.83%) reported mixed fourth-quarter 2024 results on Friday, Jan. 31. Stronger-than-anticipated earnings resulted in adjusted EPS of …

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TotalEnergies Beats Expectations For Fourth-quarter Profit, Signals ...

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2 days ago  · The company said it expects higher gas prices, upstream production and power sales in early 2025. ... .10 realized in late 2023 — while crude oil prices were nearly $10 per …

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FAQs about Exxon Mobil expects 3rd-quarter earnings were hit by lower oil … Coupon?

Did a slump in oil prices reduce Exxon Mobil's third-quarter earnings?

(Reuters) -A slump in oil prices probably reduced Exxon Mobil's third-quarter upstream earnings by $600 million to $1 billion, the oil major signaled in a regulatory filing published on Thursday. Oil prices fell by 17% in the third quarter, the largest quarterly decline in a year, on worries about the global oil demand outlook. ...

How much did Exxon Mobil make in 3rd quarter?

Exxon Mobil said on Wednesday big increases in oil, gas and fuel prices would deliver a third-quarter operating profit between $8.3 billion and $11.4 billion, below the year ago's record earnings but up from its second quarter. ...

Why did Exxon stock fall 17% in 3rd quarter?

Oil prices fell by 17% in the third quarter, the largest quarterly decline in a year, on worries about the global oil demand outlook. The company, in its earnings snapshot, indicated weaker refining margins during the quarter would also hurt profits by up to $1 billion. Shares of Exxon closed at $122.58 each on Thursday. ...

Will lower oil prices hurt ExxonMobil's upstream earnings?

ExxonMobil said it expects to take an up to a $900 million hit to its upstream earnings in the fourth quarter versus the previous three months amid falling oil prices. Lower liquids prices are set to bring down its upstream earnings by between $500 million to $900 million in the fourth quarter of 2024 compared with the third quarter. ...

Why did ExxonMobil take a $900 million hit?

The forecasted earnings hit comes at a time when demand for oil is soft and there is an oversupply of the commodity. ExxonMobil (XOM) said it expects to take an up to a $900 million hit to its upstream earnings in the fourth quarter versus the previous three months amid falling oil prices. ...

Did Exxon Mobil beat earnings estimates?

(Bloomberg) -- Exxon Mobil Corp. beat earnings estimates as strong production growth cushioned the drop in oil prices and refining margins, easing investor concerns about an increase in capital spending. Adjusted fourth-quarter earnings of $1.67 a share exceeded the consensus forecast by 12 cents. ...

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