Will ExxonMobil's (XOM) Upstream Business Aid Q4 Earnings?

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 ...