Jeremy PolandExxon Mobil (NYSE:XOM) management went out of their way to define the ongoing transition to the future. That probably has a whole lot more importance than the current earnings release because it defines how management looks at the future to drive the company's expected earnings. It needs to be as flexible as possible and realistic. The previous article centered on profitability and gaining a competitive edge. Now the CEO, Darren Woods, is sharing his vision on maintaining that competitive ed ...

CHUNYIP WONG XOM stock: Q2 recap I last analyzed Exxon Mobil Corporation (NYSE:XOM) stock in mid-July. As you can see from the following screenshot, that article was titled "Exxon Mobil: Buy The Dip" and was published by Seeking Alpha on July 17, 2024. In that article, I argued for a Strong Buy rating based on the following two factors: Price divergence. XOM's stock price has diverged from the broader market since my last writing. The price divergence, combined with the new development in its business fu ...

Exxon Mobil Corporation (NYSE:XOM) Q2 2024 Earnings Conference Call August 2, 2024 8:30 AM ET Company Participants Jim Chapman - VP of IR Darren Woods - Chairman, CEO Kathy Mikells - SVP, CFO Conference Call Participants Neil Mehta - Goldman Sachs Betty Jiang - Barclays Doug Leggate - Wolfe Research Devin McDermott - Morgan Stanley John Royall - JP Morgan Jason Gabelman - TD Cowen Biraj Borkhataria - RBC Stephen Richardson - Evercore Roger Reed - Wells Fargo Josh Silverstein - UBS Bob Brackett - Bernstein R ...

Key TakeawaysExxonMobil reported better-than-expected second-quarter revenue and net income Friday thanks to higher production and oil prices.The company said it reached its highest production levels since the 1999 merger of Exxon and Mobil.The nearly $60 billion acquisition of Pioneer Natural Resources was also closed during Q2, contributing about $500 million to ExxonMobil's earnings during May and June. ExxonMobil (XOM) posted second-quarter results well above analysts' expectations Friday as record prod ...

Exxon Mobil (XOM) came out with quarterly earnings of $2.14 per share, beating the Zacks Consensus Estimate of $2.04 per share. This compares to earnings of $1.94 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 4.90%. A quarter ago, it was expected that this oil and natural gas company would post earnings of $2.19 per share when it actually produced earnings of $2.06, delivering a surprise of -5.94%.Over the last four quarters ...

2024 2 nd Quarter Earnings Delivering industry-leading value by growing advantaged portfolio 08.02.24 Cautionary statement FORWARD-LOOKING STATEMENTS. Statements of future events, conditions, expectations, plans, potential addressable markets, ambitions, or results in this presentation or the subsequent discussion period are forward-looking statements. Similarly, discussions of future carbon capture, transportation, and storage, as well as biofuels, hydrogen, ammonia, direct air capture, and other plans to ...

Exxon Mobil Corporation XOM is set to release earnings results for its second quarter, before the opening bell on Aug. 2, 2024.Analysts expect the Spring, Texas-based company to report quarterly earnings at $2.01 per share, up from $1.94 per share in the year-ago period. Exxon Mobil is projected to report quarterly revenue of $90.99 billion, compared to $82.91 billion a year earlier, according to data from Benzinga Pro.Exxon Mobil and its partner CNOOC Ltd have filed arbitration claims, asserting their righ ...

A view of an Exxon gas station in Glen Burnie, Maryland on May 29, 2024. ExxonMobil investors will ... [+] have a chance to weigh in at Wednesday's annual meeting on the company's hardball approach to the latest shareholder challenge from environmentalists over climate change. (Photo by Jim WATSON / AFP) (Photo by JIM WATSON/AFP via Getty Images)AFP via Getty ImagesExxon Mobil (NYSE: XOM), a leading explorer, producer, transporter, and seller of crude oil and natural gas, and North America’s largest energy ...

We are at the midpoint of the second-quarter 2024 earnings, with many energy firms having released results. Two major integrated energy companies, Exxon Mobil Corporation (XOM) and Chevron Corporation (CVX) , are scheduled to report their earnings on Aug 2. Investors are likely weighing which stock is better positioned ahead of the second-quarter earnings reports.XOM’s Surpasses CVX in Price PerformanceExxonMobil has proven to be incredibly rewarding, gaining 20.7% year to date, surpassing the 12% rise of t ...

Exxon Mobil Corporation (XOM) is set to report second-quarter 2024 results on Aug 2, 2024, before the opening bell.The Zacks Consensus Estimate for second-quarter earnings is pegged at $2.04 per share, implying growth of 5.2% from the year-ago reported number. The estimate was revised downward by seven analysts in the past 30 days against no upward movement. The Zacks Consensus Estimate for second-quarter revenues is currently pegged at $90.4 billion, suggesting a 9% uptick from the year-ago actuals. Image ...