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.
Donald Trump’s claim that the US doesn’t need anything from Canada is “simply false,” said Jonathan Wilkinson, Canada’s ...
A spill of new data Wednesday sent oil futures slipping and sliding in opposite directions. So is Big Oil's tank is half-full ...
Exxon Mobil Corp.’s stock fell 1.4% 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. WTI ...
Goldman Sachs analyst expresses views on Exxon Mobil's Q4 earnings expectations. The company projected impact on upstream ...
As I have been saying, the rise in yields concerns me and as is the case with most assets, round numbers tend to have a ...
The incoming Trump administration suggests a potential return to more traditional levels of antitrust enforcement for energy industry mergers and ...
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 has warned that lower oil prices and a squeeze on refinery margins will hurt its fourth-quarter earnings. Exxon ...
Exxon Mobil (NYSE:XOM) -1.4% in Wednesday's trading after saying its Q4 earnings were hurt by lower crude prices and narrower ...
This is thanks to over 70% of upstream investment going toward the Permian, Guyana, and LNG, where Exxon has realized material capital efficiency gains. These areas should also deliver margin ...
Exxon expects lower-than-expected fourth-quarter profits due to weaker refining margins and a $600 million impairment.