Exxon Mobil signals fall in 3rd-quarter upstream earnings
Exxon Mobil expects 3rd-quarter earnings were hit by lower oil prices
(Reuters) -A slump in oil prices probably reduced Exxon Mobil's third-quarter upstream earnings by $600 million to $1 billion, the oil major signaled in a regulatory filing published on Thursday. Oil prices fell by 17% in the third quarter,
Exxon Mobil's Q3 Upstream Earnings Likely Decreased By Up To $1 Bln Due To Falling Oil Price
Exxon Mobil (XOM) disclosed in a regulatory filing that it expects a reduction in its third-quarter upstream earnings of
Exxon Sees $1.6 Billion Earnings Hit From Oil, Refining Margins
Exxon Mobil Corp. said lower oil prices and refining margins reduced third-quarter earnings by $1.6 billion compared with the previous period.
Exxon Mobil signals fall in third-quarter upstream earnings
Exxon Mobil signaled in a regulatory filing on Thursday that changes in oil prices would reduce the energy major's third-quarter upstream earnings by $600 million to $1 billion. The company, in its earnings snapshot,
ExxonMobil Warns Lower Oil Prices and Refining Margins Will Hurt Q3 Profit
Key Takeaways ExxonMobil said lower oil prices and refining margins will lower third quarter profit as compared to the second quarter.The company predicted that the change in prices would lower upstream earnings by $600 million to $1 billion,
Exxon rises to all-time high but sees Q3 earnings hit from lower oil prices
Exxon Mobil (NYSE:XOM) +1.1% in early trading Friday to an all-time intraday high $124.16, as crude oil futures extend gains in their best week since March 2023 with the market bracing for a possible strike by Israel on Iran's crude facilities in retaliation for the ballistic missile attack earlier this week.
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