Exxon Predicts $700 Million Hit
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,
The lawsuit, an unusual strategy for the oil giant, comes after California’s attorney general sued Exxon last year alleging ...
Exxon Mobil shares fell nearly 2% in early trading on Wednesday after the top U.S. oil producer warned of a decline in ...
Exxon Mobil Corp.’s stock fell 1.4% Wednesday, after the oil giant said lower oil prices and pressure on refining margins ...
Grist on MSN2d
California and environmental groups sued Exxon over plastics. Now Exxon is striking back.In a retaliatory lawsuit, Exxon says claims against it are motivated by “sordid for-profit incentives and outright greed.” ...
Exxon Mobil signaled on Tuesday that sharply lower oil refining profits and weakness across all its businesses would reduce ...
Exxon lawsuit accuses California's attorney general, the Sierra Club and others of defaming the oil giant with negative ...
ExxonMobil on Monday sued California Attorney General Rob Bonta (D) and a group of environmental activist groups, alleging ...
Hess Corp. expressed confidence in prevailing in arbitration brought by Exxon Mobil Corp. over a massive oil project that’s ...
In a report released yesterday, Nitin Kumar CFA from Mizuho Securities reiterated a Hold rating on Exxon Mobil (XOM – Research Report). The ...
Exxon Mobil shares have underperformed peers following the December strategy update. Read why I upgrade XOM stock from sell ...
Chevron Corp. Chief Executive Officer Mike Wirth reiterated his support for Hess Corp. in its arbitration battle with Exxon ...
Exxon Mobil Corp. closed $17.59 short of its 52-week high ($126.34), which the company reached on October 7th.
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