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Exxon Drops
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 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.
Exxon Mobil signals oil refining results to hurt Q4 profits
Exxon Mobil signaled on Tuesday that sharply weaker oil refining results, asset impairments and lower oil prices would reduce its fourth-quarter earnings by about $1.75 billion from the prior quarter.
Exxon sues California AG for defamation
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 environmental groups.
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 it misled the public about plastics recycling.
Exxon Mobil sues California Atty. Gen. Rob Bonta over plastic recycling claims
Exxon lawsuit accuses California's attorney general, the Sierra Club and others of defaming the oil giant with negative comments about plastic recycling.
21h
on MSN
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 ...
14h
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.
4h
Exxon Mobil (XOM) Gets a Hold from Mizuho Securities
In a report released yesterday, Nitin Kumar CFA from Mizuho Securities reiterated a Hold rating on Exxon Mobil (XOM – Research Report). The ...
18h
Wall Street cuts Exxon earnings views after fourth-quarter snapshot
Exxon Mobil shares fell nearly 2% in early trading on Wednesday after the top U.S. oil producer warned of a decline in ...
2d
Exxon Mobil: Capex Fears Are Exaggerated (Rating Upgrade)
Exxon Mobil shares have underperformed peers following the December strategy update. Read why I upgrade XOM stock from sell ...
19h
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 ...
1d
Exxon signals weaker performance across the board to hurt Q4 profits
Exxon Mobil said on Tuesday changes in oil prices would ease its fourth-quarter upstream earnings by $500 million to $900 ...
3d
Exxon Mobil Corporation's (NYSE:XOM) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?
Exxon Mobil (NYSE:XOM) has had a rough three months with its share price down 12%. But if you pay close attention, ...
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