Crude Oil Prices3d
Exxon Beats Profit Estimates as Production Hits 40-Year High
ExxonMobil reported better-than-expected Q3 earnings driven by record liquids production, despite lower oil and gas prices and weak refining margins.
malaymail4d
ExxonMobil’s Q3 profits slip as it rewards investors with nearly US$10b payouts
ExxonMobil reported a dip in third-quarter profits today on lower earnings from its refining business, but the results were ...
KTEN5d
ExxonMobil profits dip as it gives back almost $10 bn to investors
ExxonMobil reported a dip in third-quarter profits Friday on lower earnings from its refining business, but the results were strong enough to enable nearly $10 billion in shareholder distributions ...
Crude Oil Prices4d
Big Oil Needs to Borrow to Cover Dividends and Share Buybacks
The need to borrow in order to cover buybacks isn’t necessarily a problem for US oil majors whose debt-to-capital ratios are ...
Nasdaq29d
ExxonMobil Warns of $1B Hit to Q3 Earnings Amid Falling Oil Prices
Despite these challenges, ExxonMobil made $9.2 billion in the second quarter of 2024 and $9.1 billion in earnings in the third quarter of 2023. While oil prices fell throughout the third quarter ...
Upstream4d
ExxonMobil oil production highest in decades as profit tops analyst estimates
US supermajor ExxonMobil reported a small decrease in its latest quarterly profits but results topped expectations as production hit its highest level in four decades, fuelled by the recent ...
ExxonMobil Is the Best Oil Stock (and These Numbers Prove It)
ExxonMobil led its peers in making money during the third quarter ... in $4.7 billion of debt repayments and its $27 ...
Nasdaq5d
ExxonMobil Before Q3 Earnings: How Should You Play the Stock Now?
ExxonMobil reported in a Form 8-K that weaker oil prices could reduce its third-quarter earnings from upstream operations by $0.6 billion to $1 billion sequentially. This projection seems ...