Exxon Mobil (XOM) came out with quarterly earnings of $1.92 per share, beating the Zacks Consensus Estimate of $1.91 per share. This compares to earnings of $2.27 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 0.52%. A quarter ago, it was expected that this oil and natural gas company would post earnings of $2.04 per share when it actually produced earnings of $2.14, delivering a surprise of 4.90%.Over the last four quarters, ...

An Exxon gas station is seen in the Brooklyn borough of New York City on Oct. 6, 2023.Exxon Mobil beat third-quarter earnings expectations, as the oil major reached its highest production level in more than four decades.Here is what Exxon reported for the third quarter compared with what Wall Street was expecting, based on a survey of analysts by LSEG: Earnings per share: $1.92 adjusted, vs. $1.88 per share expected.Revenues: $90 billion, vs. $93.94 billion expectedThe oil major booked net income of $8.61 b ...

My last analysis on Exxon Mobil stock (NYSE: XOM ) was titled “Exxon Mobil: Bridgewater Added Energy Shares And So Did I”. As hinted in the title, the article analyzed XOM following the perspective of Ray As you can tell, our core style is to provide actionable and unambiguous ideas from our independent research. If your share this investment style, check out Envision Early Retirement. It provides at least 1x in-depth articles per week on such ideas.We have helped our members not only to beat S&P 500 but al ...

In January, we initiated on Exxon Mobil Corporation (NYSE: XOM ), with a $150/share Price Target and a Buy Rating. The company's shares have appreciated by 18% since January. In that article, we had highlighted key factors signifying long-term prosperity Currently, I work as an investment analyst at Seamist Capital. Previously, since 2006, I was on the sell-side, in a research analyst role. The banks I have worked for include the Stanford Group, Madison Williams, Roth Capital, and WR Hambrecht. I have passe ...

The primary goal of the Cash Flow Kingdom Income Portfolio is to produce an overall yield in the 7% - 10% range. We accomplish this by combining several different income streams to form an attractive, steady portfolio payout. The portfolio's price can fluctuate, but the income stream remains consistent. Start your free two-week trial today!Exxon Mobil Corporation (NYSE: XOM ) will report its third-quarter earnings results on Friday. In this article, we will take a look at what investors can expect from the ...

Oil is making a big move lower, with some analysts attributing the decline to Israel's decision not to target Iranian oil facilities. As a result, most oil stocks are also trending lower. For Exxon Mobil Corporation XOM, if shares continue to slide, there's a strong likelihood of finding support around the critical $109.50 level—a key support area in both June and September. This is why it's our Stock of the Day. In financial markets, price levels that previously acted as support often do so again due to wh ...

Exxon Mobil (XOM) is expected to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. The earnings report, which is expected to be released on November 1, 2024, might help the stock move higher if these key numbers are better tha ...

Exxon Mobil Corporation (XOM) , the largest oil producer in the United States, has secured approval from Nigeria to sell its onshore oil and gas assets to Seplat Energy Plc, a domestic energy company. This decision ends a more than two-year delay in the $1.28 billion deal, allowing it to move forward.The Nigerian Upstream Petroleum Regulatory Commission granted ministerial consent for the sale, according to its chief executive officer, Gbenga Komolafe, during a conference in Abuja on Oct. 21. Initially anno ...

When I last covered Exxon Mobil Corp. (NYSE: XOM ) on May 7th, 2024 with ' Exxon Mobil: Not Cheap, Still A Buying Opportunity ', the stock was in the process of rallying quite strongly (posting gains of over 29.2% in less Analyst's Disclosure: I/we have a beneficial long position in the shares of XOM either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no bu ...

The energy sector and WTI crude oil prices spiked following the escalation in the Middle East after Iran launched a missile attack on Israel earlier this month. Initial fears of conflict disrupting global oil supplies, mainly through the vital Strait of Hormuz. This drove a rally across the energy market. However, with signs emerging that Israel will not retaliate by targeting Iranian oil fields, tensions have eased, and the sector has experienced a pullback.Over the past week, WTI crude prices fell from ne ...