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ExxonMobil, Oil Prices
ExxonMobil Says Lower Oil Prices Will Hit Q4 Earnings
KEY TAKEAWAYS ExxonMobil said it expects to take an up to a $900 million hit to its upstream earnings in the fourth quarter versus the previous three months amid falling oil prices.Lower liquids prices are set to bring down its upstream earnings by between $500 million to $900 million in the fourth quarter of 2024 compared with the third quarter.
ExxonMobil Earnings to Fall on Lower Oil Prices
The change in gas prices, however, may boost earnings by as much as $400 million for the quarter, the company said..
Exxon Mobil warns that lower oil prices and tighter refining margins will weigh on earnings
Exxon Mobil Corp.’s stock fell 0.5% early 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.
1h
ExxonMobil sues, doubling down on advanced plastics recycling
In a new lawsuit, the oil giant alleges the California attorney general and environmental groups defamed the company ...
2d
ExxonMobil Sues Rob Bonta, NGOs, Alleging Plastic Recycling Smears
ExxonMobil sued California Attorney General Rob Bonta and several environmental groups alleging tortious interference with ...
Zacks.com on MSN
2d
ExxonMobil Warns of Weak Q4 Profits Amid Global Oil Challenges
ExxonMobil's results, scheduled for release on Jan. 31, will serve as a bellwether for the oil industry, offering insights ...
Odessa American
4h
Oil giants looking at gas to meet AI’s power demand
The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.
2d
on MSN
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 ...
3d
on MSN
ExxonMobil sued California Attorney General Rob Bonta for defamation. What did he say?
The oil giant ExxonMobil this week sued California Attorney General Rob Bonta, alleging that the state’s chief lawyer has ...
6h
Chart Industries price target raised to $220 from $207 at Craig-Hallum
Craig-Hallum analyst Eric Stine raised the firm’s price target on Chart Industries (GTLS) to $220 from $207 and keeps a Buy rating on the ...
Plastics News
3d
ExxonMobil sues Bonta, environmental groups for defamation
ExxonMobil Corp. is firing back at California Attorney General Rob Bonta and environmental groups, filing a lawsuit accusing ...
Business Times
2d
ExxonMobil signals weaker performance across the board to hurt Q4 profits
EXXONMOBIL signalled on Tuesday that sharply lower oil refining profits and weakness across all its businesses would reduce ...
3d
on MSN
Exxon sues California attorney general, environmental groups for disparaging its recycling initiatives
ExxonMobil on Monday sued California Attorney General Rob Bonta (D) and a group of environmental activist groups, alleging ...
Upstream
1d
US contractor wins LNG services agreement with ExxonMobil
US contractor Chart Industries has sealed a pact with ExxonMobil to provide liquefied natural gas equipment, technology and ...
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