Exxon warns of hit to Q4 profits after drop in oil prices, weaker ...

Jan 7, 2025  · An Exxon service station in Bethesda. (Reuters) The company indicated oil refining margins would cut earnings by between $300 million and $700 million from the third-quarter level.


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Exxon Warns Of Hit To Q4 Profits After Drop In Oil Prices, Weaker ...

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Jan 7, 2025  · An Exxon service station in Bethesda. (Reuters) The company indicated oil refining margins would cut earnings by between $300 million and $700 million from the third-quarter level.

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Exxon Mobil's Earnings Warning Shouldn't Worry Investors

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Jan 8, 2025  · Exxon Mobil has lagged the broader market over the past 12 months, up 9.6% on a total return basis (price change plus dividends) vs the S&P 500's 27.5% gain. Yet, Wall Street …

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Exxon Mobil Warns That Lower Oil Prices And Tighter Refining …

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Jan 8, 2025  · Exxon Mobil Corp.’s stock fell 1.4% Wednesday, after the oil giant said lower oil prices and pressure on refining margins would weigh on fourth-quarter earnings. Oil prices …

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

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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 from the second …

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

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Oct 4, 2024  · Yet refining margins were already lower in the second quarter, dampening the performance of that segment even as upstream performance remained robust, at $7.1 billion …

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Exxon Predicts $700 Million Hit To Profit From Lower Oil Prices

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Jan 7, 2025  · (Bloomberg) --Exxon Mobil Corp. said earnings took a hit from lower crude prices and narrowing refining margins during the final three months of 2024.Oil prices lowered …

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Exxon Sees $1.6 Billion Earnings Hit From Oil, Refining Margins

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Oct 4, 2024  · Exxon Mobil Corp. said lower oil prices and refining margins reduced third-quarter earnings by $1.6 billion compared with the previous period. The oil giant revealed quarterly …

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

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Oct 3, 2024  · 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 …

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Wall Street Cuts Exxon Earnings Views After Fourth-quarter Snapshot

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Jan 8, 2025  · The company indicated lower margins on sales would shave between $300 million and $700 million from oil refining and another $400 million from chemicals, compared to the …

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Exxon Signals Weaker Performance Across The Board To Hurt Q4 …

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Jan 7, 2025  · Exxon Mobil signaled on Tuesday that sharply lower oil refining profits and weakness across all its businesses would reduce its fourth-quarter earnings by about $1.75 …

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

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Oct 3, 2024  · 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 …

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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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Big Oil Bleak On Refining Profits Going Into 2025 - Yahoo Finance

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Jan 31, 2025  · Exxon Mobil's shares fell 2.5% after it reported a 75% plunge in adjusted earnings from refining compared with the third quarter. The broader S&P 500 Energy Sector index was …

yahoo.com

FAQs about Exxon warns of hit to Q4 profits after drop in oil prices, weaker ... Coupon?

Will lower oil prices hurt Exxon Mobil's fourth-quarter earnings?

Exxon Mobil has warned that lower oil prices and a squeeze on refinery margins will hurt its fourth-quarter earnings. Photo: Michael M. Santiago/Getty Images Exxon Mobil Corp.’s stock fell 1.4% Wednesday, after the oil giant said lower oil prices and pressure on refining margins would weigh on fourth-quarter earnings. ...

Why did Exxon Mobil lower earnings estimates?

Analysts on Wednesday lowered their fourth-quarter earnings estimates for Exxon Mobil , the day after the top U.S. oil producer warned that reduced prices and margins could hurt quarterly results. ...

How did oil prices affect Exxon?

Oil prices lowered earnings at Exxon’s production division by about $700 million, while refining margins reduced its profit by a further $500 million compared with the third quarter, Exxon said in a statement Tuesday. Natural gas prices provided a lift of about $200 million while chemical margins shrank. ...

How did Exxon Mobil's third-quarter financial results affect its earnings?

To read this article on Zacks.com click here. 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 from the second quarter. In its regulatory filing, XOM outlined the potential effects on its earnings across various segments. ...

Why did Exxon Mobil stock fall?

(Bloomberg) -- Exxon Mobil Corp.’s shares fell after the company warned its fourth-quarter earnings will take a hit from lower crude prices and narrowing refining margins during the final three months of 2024. Most Read from Bloomberg Can American Drivers Learn to Love Roundabouts? Can States Hit the Brakes on Runaway Roadbuilding? ...

Why did Exxon Mobil Xom issue a warning?

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 from the second quarter. In its regulatory filing, XOM outlined the potential effects on its earnings across various segments. ...

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