Exxon Warns of Oil Price Impact on Q3 Earnings | OilPrice.com

Oct 4, 2024 · Exxon has warned that its third-quarter earnings would likely be affected by lower oil prices, with the impact in the range of $600 million to $1 billion.

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

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Oct 4, 2024 · Exxon has warned that its third-quarter earnings would likely be affected by lower oil prices, with the impact in the range of $600 million to $1 billion.

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Exxon Warns Low Oil Prices, Refining Margins Will Impact 3Q …

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Oct 4, 2024 · The price of U.S. oil benchmark West Texas Intermediate crude averaged $75.27/bbl during the third quarter, 8.4% lower than the $82.21 average seen during the same …

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

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Oct 7, 2024 · Exxon Mobil Corporation XOM has issued a warning regarding its third-quarter financial results, indicating a negative impact due to declining oil prices and refining margins …

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

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Oct 4, 2024 · Exxon expects lower oil prices and refining margins to negatively impact its third-quarter earnings by up to $2 billion.

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BP Warns Weak Refining And Oil Trading Will Hurt Q3 Earnings

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Oct 11, 2024 · The lower refining margins are expected to hit earnings by between $400 million and $600 million, the company said in a trading statement ahead of the Q3 results set to be …

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Exxon Beats Profit Estimates As Production Hits 40-Year High

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Nov 1, 2024 · Exxon booked earnings of $8.61 billion for the third quarter, down by 5% year-over-year. Earnings per share came in at $1.92, higher than the consensus estimate of $1.87 .

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

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Oct 3, 2024 · (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 …

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Exxon Mobil Braces For Q3 Earnings Hit As Oil Price Swings Bite …

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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’s (NYSE:XOM) Q3 Earnings Face Pressure From

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Oct 4, 2024 · A slump in oil prices appears to have significantly impacted Exxon Mobil’s (XOM) third-quarter upstream earnings, potentially reducing profits by $600 million to $1 billion, …

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Exxon Mobil's Q3 Earnings To Get $2.1 Billion Boost From Oil Price ...

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Oct 5, 2023 · Exxon Mobil anticipates a boost in its Q3 earnings due to increased oil prices and refining margins, amidst talks of selling its stake in Italy's primary LNG terminal.

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Exxon Mobil Warns That Lower Oil Prices And Tighter Refining …

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Jan 8, 2025 · The company is expecting lower liquids prices to reduce upstream earnings by $500 million to $900 million from the third quarter. Exxon had net income of $8.6 billion in the third …

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

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Oct 7, 2024 · Exxon Mobil Corporation XOM has issued a warning regarding its third-quarter financial results, indicating a negative impact due to declining oil prices and refining margins …

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Exxon Mobil Q4 Earnings: Mixed Results, But CEO Promises …

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Jan 31, 2025 · Related: Oil Price Drop To Cut Exxon Mobil’s Q4 Upstream Earnings By Up To $0.9 Billion: Details Adjusted net profit came in at $7.39 billion, down from $8.61 billion in the …

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Higher Oil Prices Help Exxon Beat Q3 Forecasts Despite Harvey

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Oct 27, 2017 · Exxon reported on Friday earnings of $0.93 per diluted share for Q3, up by 48 percent from the $0.63 EPS for the third quarter last year, as commodity prices improved and …

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Lower Oil Prices Drag Equinor’s Q3 Earnings Below Estimates

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Oct 24, 2024 · Equinor’s adjusted net income of $2.191 billion “was supported by an increase in gas prices, however this was more than offset by the impact of lower production levels, liquids …

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FAQs about Exxon Warns of Oil Price Impact on Q3 Earnings | OilPrice.com Coupon?

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

Oct 3 (Reuters) - A slump in oil prices probably reduced Exxon Mobil's (XOM.N) 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. ...

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. ...

Why are Exxon Mobil shares trading higher today?

Exxon Mobil Corporation (NYSE: XOM) shares are trading higher today. The oil giant anticipates changes in oil prices to reduce third-quarter upstream earnings Q/Q by $ (1.0) billion to $ (0.6) billion. Conversely, changes in gas prices is expected to impact its upstream results by between $ (0.2) billion and $0.2 billion. ...

How did Exxon's Q3 earnings compare to last Q2 2021?

Exxon’s Q3 net profit of $19.66 billion compares with last quarter’s $17.9 billion, or $4.21 per share, which wasquadruple that seen in Q2 2021, and triple the earnings from the first quarter of this year. ...

How will industry margins affect Exxon Mobil's earnings?

On the other hand, Exxon Mobil projects that variations in industry margins will impact energy products earnings by $ (1.0) billion-$ (0.6) billion and both specialty products earnings and chemical products earnings by $0.0 billion-$0.2 billion each. ...

Why did Exxon increase its Q3 dividend?

Exxon raised its quarterly dividend by $0.03 to $0.91 per share, payable on December 9th. The increase reflects the company's confidence in its strategy, business performance, and financial strength. Exxon kept its capital investments at $5.73 billion for Q3 and $15.24 billion in 9M. ...