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Exxon Mobil & Oil Prices News Monitoring

  • Published on 11:58 GMT

    Exxon and Chevron suffer profit falls on lower oil prices

    Stay informed with free updates Simply sign up to the Oil & Gas industry myFT Digest -- delivered directly to your inbox. Profits at ExxonMobil and Chevron fell as lower commodity prices and weaker refining margins outweighed the US oil groups’ soaring …

    Source: The Financial Times - Neutral
  • Published on 19:07 GMT

    Exxon Mobil CEO Won't Ramp Up Drilling Just Because Donald Trump Wants to

    The Exxon Mobile CEO said the oil industry has no plans to ramp up drilling because of Donald Trump. While former President Trump has pushed for increased oil and gas production in hopes of getting lower gas prices for Americans, CEO Darren Woods said …

    Source: Newsweek - Left-wing
  • Published on 12:56 GMT

    Exxon beats earnings estimates, increases fourth-quarter dividend

    Exxon Mobil beat third-quarter earnings expectations, as the oil major reached its highest liquids production level in more than four decades. "This quarter is one of the best third quarters we've had in the past decade," Exxon CEO Darren …

    Source: CNBC - Neutral
  • Published on 18:55 GMT

    Exxon CEO on U.S. election: 'Not sure how drill, baby, drill translates into policy'

    The outcome of the U.S. presidential election on Nov. 5 won't affect oil production levels in the short to medium term, Exxon CEO Darren Woods told CNBC on Friday. Former President Donald Trump has called for unconstrained oil and gas production to …

    Source: CNBC - Neutral
  • Published on 19:52 GMT

    Oil prices settle up slightly on Iran worries, but prices down for week

    NEW YORK :Oil prices edged up on Friday on reports Iran was preparing a retaliatory strike on Israel from Iraq in coming days, but record U.S. output weighed on prices. Brent futures were up 29 cents, or 0.4 per cent, to settle at $73.10 a barrel. U.S. …

    Source: Channel News Asia - Pro-Government
  • Published on 17:42 GMT

    Europe midday: Oil stocks drive markets higher as crude jumps

    The Stoxx 600 was up 0.9% at 509.78 after hitting its lowest level since 14 August on Thursday following a barrage of underwhelming blue chip earnings from across the continent. Oil prices were creeping back up towards the $75-a-barrel level after last …

    Source: ShareCast - Label Pending
  • Published on 20:03 GMT

    Exxon Mobil Profit Tops Q3 Expectations

    [Stay on top of transportation news: Get TTNews in your inbox.] Exxon Mobil’s third-quarter profit beat analysts’ expectations, as the oil and gas giant was helped by contributions from Pioneer Natural Resources, a recent acquisition. Exxon earned $8.6 …

    Source: Transport Topics - Neutral
  • Published on 20:29 GMT

    Exxon and Chevron are expected to top Q3 profits as US oil production hits a record high

    Exxon Mobil, a U.S.-based oil producer, and Chevron, a U.S.-based fuel company, posted higher-than-expected profits for the third quarter on Friday. This was due to soaring U.S. crude oil production, which cushioned soaring fuel prices. Both companies …

    Source: World Energy News - Connecticut - Label Pending
  • Published on 21:19 GMT

    How to Reap Rewards from Oil's Next Major Upswing

    Let’s work through a few options ideas for one to position for a big move in oil (something we see as an above average probability). From the outset, we are rather bullishly positioned for a big move in oil, as we have been so for the last five years or …

    Source: Investing - Neutral
  • Published on 17:54 GMT

    ExxonMobil (XOM) Q3 2024 Earnings Call Transcript

    XOM earnings call for the period ending September 30, 2024. Image source: The Motley Fool. ExxonMobil (XOM -0.79%) Q3 2024 Earnings Call Nov 01, 2024, 9:30 a.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: …

    Source: myMotherLode - Label Pending
  • Published on 15:37 GMT

    Exxon’s $8.6 billion profit beats as volume offsets price weakness

    Exxon Mobil on Friday beat Wall Street's third quarter profit estimate, boosted by strong oil output in its first full quarter that includes volumes from U.S. shale producer Pioneer Natural Resources. Oil industry earnings have been squeezed this year …

    Source: American Journal of Transportation - Neutral
  • Published on 14:21 GMT

    Exxon’s US$8.6 billion profit beats estimate as volume offsets price weakness

    EXXON Mobil beat Wall Street’s third-quarter profit estimate on Friday (Nov 1), boosted by strong oil output in its first full quarter that includes volumes from US shale producer Pioneer Natural Resources. Oil industry earnings have been squeezed this …

    Source: The Business Times Singapore - Neutral
  • Published on 14:35 GMT

    Exxon’s US$8.6 billion profit beats estimates as volume offsets price weakness

    HOUSTON,  (Reuters) – Exxon Mobil XOM.N today  beat Wall Street’s third quarter profit estimate, boosted by strong oil output in its first full quarter that includes volumes from U.S. shale producer Pioneer Natural Resources. Oil industry earnings have …

    Source: Stabroek News - Neutral
  • Published on 14:16 GMT

    Exxon Beats Profit Estimates as Production Hits 40-Year High

    ExxonMobil (NYSE: XOM) reported on Friday third-quarter earnings above expectations as its liquids production hit a 40-year high, offsetting lower oil and gas realizations and weak refining margins. As expected, Exxon’s Q3 profit dropped from a year …

    Source: Oil Price - Neutral
  • Published on 15:46 GMT

    ExxonMobil, Chevron Beat Expectations on Higher Permian Production

    Exxon Mobil Corp. and Chevron Corp. beat analysts’ estimates as rising oil production from the Permian Basin helped offset weaker crude prices. Exxon’s third-quarter adjusted profit exceeded expectations by a nickel on Friday, while Chevron surpassed …

    Source: Rigzone - Neutral
  • Published on 13:39 GMT

    ExxonMobil profits dip as it gives back almost $10 bn to investors

    ExxonMobil reported a dip in third-quarter profits Friday on lower earnings from its refining business, but the results were strong enough to enable nearly $10 billion in shareholder distributions. The big US oil company, which saw upstream oil production …

    Source: Goldsboro News-Argus - North Carolina - Neutral
  • Published on 16:15 GMT

    Oil Prices Almost Recoup Week Losses As Iran Mulls Retaliatory Attack On Israel Prior To US Elections

    Crude prices are nearing full recovery from early-week losses, poised for a third consecutive daily gain on Friday amid escalating geopolitical tensions in the Middle East. A report by Axios on Thursday, citing two Israeli intelligence sources, indicates …

    Source: Benzinga - Neutral
  • Published on 19:10 GMT

    Oil giants weigh record production against falling prices

    The American oil producers ExxonMobil and Chevron posted lower profits as a fall in commodity prices and weaker refining margins offset record high oil production. Exxon’s third-quarter net income fell 5.1 per cent year-on-year to $8.6 billion, while at …

    Source: The Times - Center-right
  • Published on 14:16 GMT

    Big Oil Needs to Borrow to Cover Dividends and Share Buybacks

    Big Oil Needs to Borrow to Finance Own Share Buybacks - Oil majors have been reporting lower Q3 profits, suggesting that the era of windfall revenues is coming to an end, with the average quarter-on-quarter dip for the five leading companies averaging 12%. …

    Source: Oil Price - Neutral

03 days 06:33:18

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