Exxon earnings fall on lower oil prices as OPEC+ raises production

Financial Performance - Exxon Mobile's earnings per share is at $1.88 [1] - Cash flow from operations came in at $14.8 billion [2] - Free cash flow was $6.3 billion [2] Operational Highlights - Lower crude prices, weak chemical margins, and reduced volumes from asset sales weighed down earnings [2] - Stronger output in the Permian and Guyana partially offset the negative impacts [2] - Guyana's quarterly production topped 700,000 barrels a day [2] - Ongoing cost savings contributed to offsetting negative impacts [2] Market Trends & Outlook - Crude oil prices and business margins are key areas of focus [3] - Amazon stock is up about 13% in pre-market [4] - Nvidia stock is up about 2% in pre-market [4] - Apple stock is close to up 2% in pre-market [4]