Exxon Mobil's Earnings Warning Shouldn't Worry Investors

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'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 …

kiplinger.com

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Exxon's Earnings Bombshell: Profits Set To Miss Big - Yahoo Finance

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Jan 8, 2025  · Exxon Mobil just threw a curveball at investors, warning that its fourth-quarter profits could miss Wall Street's estimates by nearly 20%.Despite a $400 million lift from rising gas …

yahoo.com

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

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Oct 7, 2024  · ExxonMobil currently carries a Zack Rank #3 (Hold). Investors interested in the energy sector may look at some better-ranked stocks that currently flaunt a Zacks Rank #1 …

yahoo.com

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ExxonMobil Warns Of Weak Q4 Profits Amid Global Oil Challenges

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Jan 8, 2025  · In the third quarter, ExxonMobil posted $8.6 billion in earnings, but the current forecast signals a stark contrast as the company navigates a tough operating environment. …

yahoo.com

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Exxon Mobil's Earnings Beat Expectations, Revenue Falls Short

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6 days ago  · For the full year 2024, Exxon Mobil (NYSE: XOM) posted earnings of $33.7 billion, or $7.84 per share, down from $36.0 billion, or $8.89 per share, in 2023. The company generated …

investing.com

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

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Oct 4, 2024  · The company's warning was not unexpected. The price of U.S. oil benchmark West Texas Intermediate crude averaged $75.27/bbl during the third quarter, 8.4% lower than the …

morningstar.com

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Exxon Earnings: Earnings Exceed Expectations As Concerns

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6 days ago  · Exxon's fourth-quarter earnings of $7.4 billion surpassed market expectations. For the full year, Exxon produced 4.3 mmboed, including a record 1.2 mmboed from the Permian.

morningstar.com

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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 …

reuters.com

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Exxon Mobil Stock Drops On Refining Profit Warning

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Jan 8, 2025  · Investing.com -- Shares of Exxon Mobil Corporation (NYSE: XOM) dropped 1.2% on Wednesday following the company's warning of a decline in refining profits for the fourth …

investing.com

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Oil Teases Crucial Level On Attack News; Big Oil Earnings Loom

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Jan 29, 2024  · The recovery in oil prices also comes ahead of Exxon Mobil and Chevron reporting fourth-quarter earnings and revenue this week. Exxon Mobil stock gained 0.17% while …

investors.com

FAQs about Exxon Mobil's Earnings Warning Shouldn't Worry Investors Coupon?

Will ExxonMobil's earnings be a bellwether for the oil industry?

ExxonMobil's results, scheduled for release on Jan. 31, will serve as a bellwether for the oil industry, offering insights into the broader challenges faced by energy majors. In the third quarter, ExxonMobil posted $8.6 billion in earnings, but the current forecast signals a stark contrast as the company navigates a tough operating environment. ...

Will Exxon Mobil's fourth-quarter profits Miss Wall Street estimates?

Exxon Mobil (NYSE:XOM) just threw a curveball at investors, warning that its fourth-quarter profits could miss Wall Street's estimates by nearly 20%. Despite a $400 million lift from rising gas prices, the energy giant is taking hits elsewhere, with falling liquids pricing and weak chemicals margins dragging its numbers down. ...

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. ...

Why did Exxon Mobil cut its fourth-quarter earnings?

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 billion from the prior quarter. ...

How will Exxon Mobil's Q4 earnings affect other oil majors?

HOUSTON (Reuters) -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 billion from the prior quarter. Exxon's snapshot is closely watched for clues to how other oil majors will fare when they begin releasing results this month. ...

Is ExxonMobil's earnings outlook 'well below consensus'?

RBC Capital Markets analyst Biraj Borkhataria described ExxonMobil's earnings outlook as "well below consensus," highlighting significant headwinds for the refining business. ExxonMobil's results, scheduled for release on Jan. 31, will serve as a bellwether for the oil industry, offering insights into the broader challenges faced by energy majors. ...

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