Exxon Mobil Full Year 2024 Earnings: Revenues Disappoint
Looking ahead, revenue is expected to decline by 3.3% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in the US are expected to grow by 3.1%. The company's shares are down 1.7% from a week ago.
Why Exxon Mobil Stock Is Dipping After Earnings Beat Forecasts
Exxon Mobil reported fourth-quarter earnings that beat analysts’ expectations, but the stock fell 0.7% in early trading. Uncertainties about tariffs and other political issues appear to be weighing on energy companies.
Exxon Stock Has Been Slumping. The Earnings Are Friday.
While Exxon Mobil seems to be in a sweet spot as it prepares to announce its fourth-quarter earnings on Friday, investors have their doubts. On the positive side is that the Trump administration clearly likes oil companies,
Exxon Mobil’s stock rallies as profit and cash flow beats offset a revenue miss
Shares of Exxon Mobil Corp. climbed 1.2% in premarket trading Friday, after the oil giant beat quarterly profit and free cash flow expectations, to offset a revenue miss. If the stock’s gains can hold throughout the day,
Exxon Mobil, Chevron Earnings Are On Deck And One Has This 'Overhang' Weighing On It
Chevron and Exxon Mobil report fourth-quarter earnings early Friday, as both U.S. supermajors face expectations for another big quarterly profit dip compared to a year ago. Ahead of Friday's quarterly reports,
Exxon’s CEO touted this ‘huge advantage’ in building power plants for AI data centers
"Our view is we'll bring this on faster than anybody else in the industry, and we'll certainly bring it on faster than any ...
Exxon posts mixed Q4 results with higher oil production, weak refining profit
Exxon Mobil on Friday beat Wall Street's estimate for fourth-quarter profit as higher oil and gas production offset lower oil ...
Exxon Mobil CEO says natural gas can meet surging data center demand on a faster timeline than nuclear power
Exxon Mobil is building a natural gas power plant and implementing carbon capture technology to power AI data centers.
Not Sweating DeepSeek: Exxon, Chevron Plow Ahead on Data Center Power
The launch of the energy-efficient DeepSeek chatbot roiled tech and power markets in late January. But supermajors Exxon ...
Exxon Mobil’s strong fourth quarter fueled by rising production in the Permian, Guyana
Exxon Mobil’s fourth-quarter adjusted profit managed to beat Wall Street’s expectations, as the oil and gas company increased ...
Exxon Mobil Q4 Earnings: Mixed Results, But CEO Promises 'Profitable Growth Well Into the Future'
Exxon Mobil reported Q4 results with revenues of $83.4B, missing expectations. Adjusted EPS beat at $1.67 & company plans to ...
Exxon, Chevron Investor Payouts Hit All-Time Highs in 2024
That's the record amount Exxon Mobil distributed to shareholders last year, despite a fall in annual profit. Meantime, rival Chevron boosted dividends and share repurchases to $27 billion. Dig deeper: ...
Exxon Mobil: Unusual Insider Purchases Signal Entry Opportunities
Exxon Mobil's recent insider activities are unusual in several ways and thus should be a key consideration for potential ...
Exxon, Chevron Brave DeepSeek Risk to Chase AI Future as Oil Glow Fades
Big Oil was once the antithesis of the asset-light, hyper-growth world of Silicon Valley. Now it’s looking to Big Tech to ...