Group 1 - The core viewpoint indicates that both Chevron and Exxon Mobil are expected to report declines in quarterly profits, continuing a trend observed in previous earnings reports [1] - Analyst consensus predicts Exxon Mobil's third-quarter earnings per share to decrease by 5% to $1.82, with sales anticipated to drop by 4% to $86.47 billion [1] - This decline in earnings and sales reflects a significant slowdown in performance for U.S. supermajors [1] Group 2 - TechnipFMC has secured a new contract with ExxonMobil, which is expected to enhance its market position and leverage AI technologies [2] - The stock performance of BP ADR is showing improved relative strength, although it remains below key benchmarks [4] - Exxon Mobil's stock is currently stable as it prepares for a potential reentry into the Russian market, while other energy stocks are experiencing upward movement [4]
Supermajors Chevron And Exxon Mobil Reported Another Quarterly Profit Decline But One Is Closing The Gap