Exxon Mobil: A Bargain Buy Before Q1 Earnings
ExxonMobil(XOM) Seeking Alpha·2024-04-15 05:11
JHVEPhoto Exxon Mobil (NYSE:XOM) is set to detail how it benefited from the strong price increase for WTI crude oil on April 26, 2024 which is when the company is expected to release first-quarter earnings. The petroleum company has likely seen a drastic increase in the average price for petroleum in Q1'24 which in turn should have led to a major boost to the company's earnings and free cash flow. With OPEC+ also providing considerable pricing support through the extension of voluntary supply cuts and upsid ...