Exxon Mobil Signals Lower Q4 Earnings. Here’s What Analysts Are Saying.
Exxon Mobil profits will likely miss fourth-quarter-earnings estimates by close to 20%, one analyst argued as he trimmed his numbers. While Exxon Mobil expects changes in gas prices to improve earnings by up to $400 million,
ExxonMobil Says Lower Oil Prices Will Hit Q4 Earnings
ExxonMobil said it expects to take an up to $900 million hit to its upstream earnings in the fourth quarter versus the previous three months amid falling oil prices.
Exxon Drops After Warning of Oil, Refining Hit to 4Q Profit
Exxon Mobil Corp.’s shares fell after the company warned its fourth-quarter earnings will take a hit from lower crude prices and narrowing refining margins during the final three months of 2024.
Exxon signals weaker performance across the board to hurt Q4 profits
Exxon Mobil signaled on Tuesday that sharply lower oil refining profits and weakness across all its businesses would reduce its fourth-quarter earnings by about $1.75 billion from the prior quarter. The oil major also said in an SEC filing that upstream asset sales would benefit results by about $400 million,
Exxon Mobil estimates effects of market factors impacting Q4 results
The company sees change in Liquids (oil) prices negatively impact Q4 earnings by $0.9B to $0.5B and change in gas prices impact Q3 earnings by
ExxonMobil 4Q Earnings to Fall on Lower Oil Prices
ExxonMobil expects falling oil prices to drag on fourth-quarter earnings, while higher gas prices will provide a boost. The oil company on Tuesday said it expects receding liquids prices to lower its upstream earnings by $500 million to $900 million compared with the prior quarter,
Exxon Mobil signals oil refining results to hurt Q4 profits
Exxon Mobil signaled on Tuesday that sharply weaker oil refining results, asset impairments and lower oil prices would reduce its fourth-quarter earnings by about $1.75 billion from the prior quarter.
U.S. Q4 GDP Growth Still On Track To Slow After Strong Q3 Rise
US economic activity looks set to post softer growth in the government’s upcoming fourth quarter GDP report. Read more here.
UK baker Greggs like-for-like Q4 sales rise 2.5%
British baker and food-to-go retailer Greggs Plc reported a modest 2.5% growth in fourth-quarter like-for-like sales on ...
Samsung Forecasts Q4 Earnings To Fall Well Short Of Expectations
South Korea's Samsung Electronics said on Wednesday it expected fourth-quarter profits to be sharply down compared with the ...
Motor Trader55m
Prices of second-hand AFVs rose in Q4 2024
Prices of the UK’s most popular used electric and hybrid vehicles rose in Q4 2024 which signals softening of market ...
Samsung's preliminary Q4 profit falls far short of estimates as chip issues drag
Samsung Electronics' preliminary fourth-quarter operating profit missed estimates by a large margin, with the South Korean ...
energy.economictimes.indiatimes2h
Operating loss in Q4 due to EV sales slowdown: LG Energy
In the three months ended in December, the company shifted to an operating loss of 225.5 billion won ($155 million) from an ...
cbtnews1d
Monthly new car payments hit all-time high in Q4 2024
Nearly 1 in 5 new car buyers face $1,000+ monthly payments in Q4 2024 as rising loan amounts and high interest rates strain ...
Wall Street Breakfast Podcast: Shell Lowers Q4 Outlook, Trims LNG Output
Shell cuts production forecast for LNG, warns weaker Q4. Goodyear to sell Dunlop brand to Sumitomo Rubber in $701M deal.
Cedar Grove Capital Management’s Q4 2024 Investor Letter
Cedar Grove Capital Management, an investment management company, released its fourth quarter 2024 investor letter.
PetroTal Announces Q4 2024 Operations and Financial Updates
PetroTal Corp. (TSX: TAL) (AIM: PTAL) (OTCQX: PTALF) ("PetroTal" or the "Company") is pleased to provide the following operational and financial updates. All amounts are in US dollars unless stated ...