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 ...

Exxon Mobil (XOM) closed the most recent trading day at $116.10, moving -1.05% from the previous trading session. The stock's change was less than the S&P 500's daily gain of 0.08%. Elsewhere, the Dow lost 0.12%, while the tech-heavy Nasdaq added 0.07%.The oil and natural gas company's stock has climbed by 1.92% in the past month, exceeding the Oils-Energy sector's loss of 9.38% and the S&P 500's loss of 0.21%.Analysts and investors alike will be keeping a close eye on the performance of Exxon Mobil in its ...

A bankruptcy judge has approved a crucial settlement between the joint venture behind Exxon Mobil Corporation’s (XOM) $10-billion Golden Pass liquefied natural gas (LNG) project in Texas and the lead contractor, Zachry Holdings Inc. The decision allows other companies to take over and complete the project, which had faced significant delays.Located near the Louisiana border, the Golden Pass LNG facility's construction had been nearly halted after Zachry Holdings filed for Chapter 11 bankruptcy in March. The ...

Exxon Mobil (XOM) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 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 stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on August 2. On ...

Exxon Mobil Corporation (XOM) announced plans to transfer operations of all assets under two production-sharing contracts (PSCs) in Malaysia to the national energy company Petronas, per a Reuters report.The move comes after ExxonMobil agreed to divest its oil and gas assets in Malaysia in 2020. The company has since clarified that the move is a transfer of operations, not a sale, and there will be no change to its working interest in the PSCs.ExxonMobil stated that the operational transfer would not affect ...