exxon mobil corp news

Exxon Mobil warns that lower oil prices and tighter refining margins will weigh on earnings

Exxon Mobil Corp.’s stock fell 0.5% early 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.

Investopedia on MSN · 2d

ExxonMobil Says Lower Oil Prices Will Hit Q4 Earnings

KEY TAKEAWAYS 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.

E&E · 1d

Exxon drops after warning of oil, refining hit to 4Q profit

Exxon Mobil’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. Oil prices lowered earnings at Exxon’s production division by about $700 million,

Seeking Alpha on MSN · 2d

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.

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Exxon Mobil Corp. stock outperforms market despite losses on the day

Supported by world-class markets data from Dow Jones and FactSet, and partnering with Automated Insights, MarketWatch ...

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

Exxon Mobil Corp. said earnings took a hit from lower crude prices and narrowing refining margins during the final three ...

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Exxon Mobil Corp. sues California attorney general for defamation over plastic recycling claims

Exxon Mobil Corp. has filed a federal defamation lawsuit against California Attorney General Rob Bonta and several ...

Exxon Mobil Corp. stock falls Wednesday, underperforms market

Exxon Mobil Corp. closed $19.41 below its 52-week high ($126.34), which the company achieved on October 7th.

Chevron CEO Wirth Backs Hess in Exxon Arbitration Over Guyana

Chevron Corp. Chief Executive Officer Mike Wirth reiterated his support for Hess Corp. in its arbitration battle with Exxon ...

Exxon sues California AG, environmental groups over recycling ‘smear’

Exxon accused Rob Bonta, the Sierra Group and others of making “false accusations” about its advanced recycling process.

The San Joaquin Valley Sun2d

Exxon sues Bonta for defamation

Exxon Mobil Corp has filed a lawsuit against California Attorney General Rob Bonta and environmental groups, accusing them of ...

John Hess ‘Very Confident’ of Winning Exxon Case, Chevron Merger

Hess Corp. expressed confidence in prevailing in arbitration brought by Exxon Mobil Corp. over a massive oil project that’s ...

Yahoo Finance3d

Exxon Mobil Corporation (XOM)

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 Sues California Official, Claiming He Defamed the Company

The lawsuit, an unusual strategy for the oil giant, comes after California’s attorney general sued Exxon last year alleging ...

Zacks.com on MSN4d

Top Analyst Reports for Microsoft, Exxon Mobil & Amgen

Today's Research Daily features new research reports on 16 major stocks, including Microsoft Corporation (MSFT), Exxon Mobil ...

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Canada's Imperial Oil says senior executive to leave for Exxon Mobil

Canadian oil refiner Imperial Oil said on Friday senior executive Sherri Evers will join major shareholder Exxon Mobil , ...

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