Exxon, Oil

Exxon expects reduced Q4 earnings from lower oil prices, refining squeeze
Exxon Mobil (NYSE:XOM) -1.4% in Wednesday's trading after saying its Q4 earnings were hurt by lower crude prices and narrower refining margins, in a sign that the quarter may have been a tough one for the big oil companies.
Exxon Warns of Weaker Q4 Profits Amid Lower Refining Margins
Exxon expects lower-than-expected fourth-quarter profits due to weaker refining margins and a $600 million impairment.
ExxonMobil Says Lower Oil Prices Will Hit Q4 Earnings
ExxonMobil said it expects to take an up to $900 million hit to its upstream earnings in the fourth quarter versus the previous three months amid falling oil prices.
ExxonMobil Warns of Weak Q4 Profits Amid Global Oil Challenges
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.
Shell Warns of Weaker Fourth Quarter LNG, Oil Trading
Shell, the world's largest LNG trader, said trading results for the division in the fourth quarter would be significantly lower than in the previous three months due to the expiry of hedging contracts Shell took in 2022 to protect itself against a potential loss of Russian production following the invasion of Ukraine.
Exxon Drops After Warning of Oil, Refining Hit to 4Q Profit
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.
Exxon Mobil warns that lower oil prices and tighter refining margins will weigh on earnings
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 measured by the U.S. WTI benchmark fell about 6.
Exxon slips after flagging weak fourth-quarter earnings on refining squeeze
Exxon Mobil shares fell nearly 2% in early trading on Wednesday after the top U.S. oil producer warned of a decline in refining profits in the fourth quarter and weak returns across its operations. The earnings snapshot from the industry bellwether signaled a challenging environment as companies grapple with pricing pressure amid demand volatility.
Exxon Mobil Signals Lower Q4 Earnings. Here’s What Analysts Are Saying.
Exxon Mobil profits will likely miss fourth-quarter-earnings estimates by close to 20%, one analyst argued as he trimmed his ...
Exxon signals weaker performance across the board to hurt Q4 profits
Exxon Mobil signaled on Tuesday that sharply lower oil refining profits and weakness across all its businesses would reduce ...
Goldman Sachs Flags Weak Q4 Guidance For Exxon Amid Weak Upstream And Chemical Results
Goldman Sachs analyst Neil Mehta expressed views on Exxon Mobil Corporation‘s (NYSE:XOM) trading update reported yesterday.
Exxon Mobil’s Q4 2024 Earnings Impact Preview
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Q1 EPS Estimates for Exxon Mobil Increased by Zacks Research
Investment analysts at Zacks Research upped their Q1 2025 earnings per share (EPS) estimates for shares of Exxon Mobil in a ...
Futures higher, Exxon Mobil flags hit to Q4 earnings - what's moving markets
By 03:28 ET, the US crude futures (WTI) climbed 0.8% to $74.87 a barrel, while the Brent contract rose 0.7% to $77.56 per ...
Exxon Mobil estimates effects of market factors impacting Q4 results
The company sees change in Liquids (oil) prices negatively impact Q4 earnings by $0.9B to $0.5B and change in gas prices impact Q3 earnings by ...