Exxon slips

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 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 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 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 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 numbers. While Exxon Mobil expects changes in gas prices to improve earnings by up to $400 million,
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 ...
Wall Street cuts Exxon earnings views after fourth-quarter snapshot
Analysts on Wednesday lowered their fourth-quarter earnings estimates for Exxon Mobil , the day after the top U.S. oil ...
Exxon's Earnings Bombshell: Profits Set to Miss Big
Exxon's Q3 profits were already down 5% year-over-year, and Chevron ( NYSE:CVX) took an even bigger hit, with a 21% drop in ...
OHP: Fire reported at Mustang Gas Plant in Hennessey, evacuations underway
All lanes of U.S. 81 from E0640 Road to E0660 Road, just south of Hennessey, are closed Sunday morning after a fire broke out ...
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 , ...
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 price target lowered to $122 from $124 at BofA
BofA analyst Jean Ann Salisbury lowered the firm’s price target on Exxon Mobil (XOM) to $122 from $124 and keeps a Neutral rating on the ...
Exxon Sues California AG, Environmental Groups Over ‘Smear’
Exxon Mobil Corp. filed a lawsuit alleging that California Attorney General Rob Bonta and several environmental groups made ...
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 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 ...