Exxon has multiple catalysts to drive robust earnings growth through 2027.ExxonMobil (XOM -2.78%) recently reported rather lackluster first-quarter earnings. The oil giant's adjusted earnings declined by 29% to $8.2 billion, or $2.06 per share. That fell a bit short of the analysts' consensus estimate of $2.19 per share. The energy giant battled headwinds from lower natural gas prices and refining margins. However, while the first quarter was a little underwhelming, ExxonMobil's future remains bright. Here' ...

CHUNYIP WONG In February, we discussed Exxon Mobil (NYSE:XOM) as a company that was a valuable opportunity due to its steady execution. Since then, the company's share price has gone up by more than 16% versus close to 3% for the S&P 500. That, combined with a weaker pricing environment, shows how the company needs perfect execution to justify its valuation. Exxon Mobil Quarterly Results Exxon Mobil had strong results from the quarter, but investors need to pay attention to what's now a lofty valuation ...

The oil and gas giant has benefited from higher oil prices, and external factors could keep them high for longer.Energy stocks have gone on a tear over the past two months, and ExxonMobil (XOM -2.78%) is one company benefiting. Oil prices have risen amid geopolitical conflicts in the Middle East, but is it too late to buy the stock? Here are some things you'll want to consider if you're buying ExxonMobil today.ExxonMobil's integrated business model and its growing dividend payoutExxonMobil is one of the wor ...

News flash: ExxonMobil stock is still a sell.ExxonMobil (XOM -2.37%) stock slumped after reporting mixed Q1 earnings this morning. Analysts forecast the oil company would earn $2.06 per share for the quarter, and Exxon nailed that target. On the revenue front, Exxon's $83.1 billion in sales soared past Street expectations for $73.2 billion. As of 12:15 p.m. ET, shares of the energy stock are down 2.8%. But if Exxon met on earnings and beat on sales, why is the stock down?ExxonMobil Q1 earnings reportWell, n ...

Exxon Mobil is working on technology to directly remove carbon dioxide from the atmosphere with the goal slashing sky-high costs by half, CEO Darren Woods said Friday.Woods said direct air capture technology holds huge long-term potential as a tool to address climate change, but is currently unaffordable at scale with the removal of atmospheric emissions costing between $600 to $1,000 per ton."If you tried to apply that across the emissions challenge the planet has, the world won't be able to pay for that," ...

Exxon Mobil Corporation (NYSE:XOM) Q1 2024 Earnings Conference Call April 26, 2024 8:30 AM ET Company Participants Darren Woods - Chairman, Chief Executive Officer Kathy Mikells - Senior Vice President, Chief Financial Officer Marina Matselinskaya - Director of Investor Relations Conference Call Participants Devin McDermott - Morgan Stanley Neil Mehta - Goldman Sachs Roger Reed - Wells Fargo Betty Jiang – Barclays Bob Brackett - Bernstein Research. Jason Gabelman - TD Cowen Ryan Todd - Piper Sandler Step ...

Exxon Mobil (XOM) came out with quarterly earnings of $2.06 per share, missing the Zacks Consensus Estimate of $2.19 per share. This compares to earnings of $2.83 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -5.94%. A quarter ago, it was expected that this oil and natural gas company would post earnings of $2.21 per share when it actually produced earnings of $2.48, delivering a surprise of 12.22%.Over the last four quarter ...

Key TakeawaysExxonMobil shares fell in early trading Friday as the company posted larger profit declines than analysts expected.Lower natural gas prices and slimmer margins on refined products impacted the company's margins, but higher-than-expected production from investments like Exxon's operations in Guyana helped boost revenue.Another oil and gas giant, Chevron, also reported earnings Friday and saw its stock slip. Shares of ExxonMobil (XOM) slipped in early trading Friday as the oil and gas giant repor ...

Exxon Mobil Corporation (XOM) reported first-quarter 2024 earnings per share of $2.06 (excluding identified items), which missed the Zacks Consensus Estimate of $2.19. The bottom line also declined from the year-ago level of $2.83.Total quarterly revenues of $83,083 million missed the Zacks Consensus Estimate of $86,599 million. The top line also deteriorated from the year-ago quarter’s figure of $86,564 million.Weak quarterly results primarily resulted from lower realizations of natural gas prices and decr ...

An Exxon gas station is seen on October 06, 2023 in the Brooklyn borough of New York City.Exxon Mobil on Thursday reported first-quarter earnings that missed expectations as the industry came under pressure from eroding refining margins and collapsing natural gas prices.Here is what Exxon reported for the first quarter compared with what Wall Street was expecting, based on a survey of analysts by LSEG: Earnings per share: $2.06 vs. $2.20 expectedRevenue: $83.08 billion vs. $78.35 billion expected.The nation ...