Exxon Mobil Corporation (XOM) is set to release fourth-quarter 2023 results on Feb 2, before the opening bell. Since the integrated energy player has significant exposure to upstream business, the favorable oil and natural gas prices are likely to have aided the quarterly performance.Upstream BusinessExxonMobil’s upstream businesses fall under core operations. This segment covers the company’s activities in exploring and developing oil and natural gas resources. From upstream operations within and outside t ...

Exxon Mobil (XOM) closed at $103.13 in the latest trading session, marking a +0.13% move from the prior day. The stock lagged the S&P 500's daily gain of 0.76%. Meanwhile, the Dow gained 0.59%, and the Nasdaq, a tech-heavy index, added 1.12%.Shares of the oil and natural gas company have appreciated by 3.02% over the course of the past month, outperforming the Oils-Energy sector's loss of 2.82% and the S&P 500's gain of 2.5%.The investment community will be paying close attention to the earnings performance ...

Exxon Mobil Corporation (XOM) is set to report fourth-quarter 2023 earnings on Feb 2, before the opening bell.In the last reported quarter, the integrated energy giant’s earnings per share of $2.27 (excluding identified items) missed the Zacks Consensus Estimate of $2.36 due to lower realizations of crude prices and a decline in oil equivalent production.ExxonMobil’s earnings beat the Zacks Consensus Estimate in two of the trailing four quarters and missed the same twice, delivering an average surprise of 0 ...

ExxonMobil (XOM 0.85%) is a giant company, with a huge market cap of roughly $400 billion. It has a fairly attractive dividend yield of around 3.8%, compared to the S&P 500 index's relatively tiny 1.4% yield. It also happens to have an investment grade-rated balance sheet.There's a lot to like here for investors looking at the energy sector. But it gets even better when you dig deeper into the story. Here are three other reasons to like this dividend-paying energy stock.1. ExxonMobil has a great dividend tr ...

Exxon Mobil (XOM) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended December 2023. 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 February 2. ...

BURBANK, CA - FEBRUARY 01: An Exxon gas station advertises its gas prices on February 1, 2008 in ... [+] Burbank, California. Exxon Mobil Corp. has posted an annual profit of $40.6 billion, the largest ever by a US company, and set a new US record for the highest quarterly profit, $11.7 billion for the last three months of 2007. The previous annual profit record, $39.5 billion, was set by Exxon in 2006. The company's revenue also rose 30 percent in the fourth quarter, from $90 billion a year ago to $116.6 b ...

Exxon Mobil (XOM) closed the latest trading day at $97.91, indicating a +1.13% change from the previous session's end. The stock's performance was ahead of the S&P 500's daily gain of 0.29%. At the same time, the Dow lost 0.25%, and the tech-heavy Nasdaq gained 0.43%.Coming into today, shares of the oil and natural gas company had lost 4.99% in the past month. In that same time, the Oils-Energy sector lost 5.56%, while the S&P 500 gained 2.08%.Analysts and investors alike will be keeping a close eye on the ...

Exxon Mobil filed a lawsuit on Sunday in a Texas court that seeks to block activist investors from bringing a climate proposal up for a vote during the company’s shareholder meeting in May. The lawsuit marks the first time Exxon has moved to block a shareholder proposal through a court complaint. The case was assigned to the U.S. District Court for the Northern District of Texas and has been assigned to Judge Reed O’Connor, an appointee of former President George W. Bush who has a record of ruling in favor ...

SPRING, Texas--(BUSINESS WIRE)--Exxon Mobil Corporation (NYSE: XOM) will release its fourth quarter 2023 financial results on Friday, February 2, 2024. The company will issue a press release via Business Wire that will be available at 5:30 a.m. CT at investor.exxonmobil.com. Chairman and Chief Executive Officer Darren Woods, Senior Vice President and Chief Financial Officer Kathy Mikells, and Vice President of Investor Relations Jennifer Driscoll will review the results during a live conference call at 7:3 ...

These yogis are stretching the patience of America’s biggest oil company.Natasha Lamb and Farnum Brown founded and run Arjuna Capital. The decade-old sustainable-investment firm, whose mission is to push major corporations into adopting more socially conscious policies, has found itself at the center of a lawsuit by Exxon Mobil Corp. XOM, +0.02% that seeks to block a shareholder proposal on climate change.With a mantra of “divest from old problems; invest in new solutions,” Arjuna says its goal for clients ...