⚠️BREAKING: *EXXONMOBIL 1Q EARNINGS PER SHARE $2.83, EST. $2.60 *EXXONMOBIL 1Q REV. $86.56B, EST. $82.66B $XOM
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Exxon Mobil CEO Darren Woods: Industry could be very successful with the prices we see today'The world supplies of both oil and gas are fairly constrained today,' Exxon Mobil CEO Darren Woods says after the oil company reported first-quarter earnings. 'If demand turns around, things pick up, I think we're going to see some very tight markets.'
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Exxon Mobil approves $12.7 billion oil project in GuyanaExxon Mobil Corp and its partners have approved a $12.7 billion investment for their fifth and most expensive offshore oil project in Guyana, the U.S. firm said in a statement.
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Exxon Mobil reports record earnings that beat expectations and revenue that fell but topped forecastsExxon Mobil Corp. reported Friday record first-quarter earnings that beat expectations, and revenue that declined as lower prices and crude and natural gas...
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Exxon ups production to counter falling prices in record Q1Exxon Mobil’s profit more than doubled in the first quarter as the oil and natural gas company overcame declining prices by producing more oil. Exxon Mobil Corp. earned $11.43 billion, or $2.79 per share, for the three months ended March 31. A year earlier it earned $5.48 billion, or $1.28 per share. Stripping out certain items, earnings were $2.83 per share. The results beat Wall Street expectations, but Exxon does not adjust its reported results based on one-time events such as asset sales. Analysts surveyed by Zacks Investment Research were looking for earnings of $2.65 per share.
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Exxon delivers a record first-quarter profit on higher outputExxon Mobil on Friday reported a record first-quarter profit that was more than double from a year ago and topped Wall Street estimates.
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Exxon, Chevron Profits Are Resilient Even as Oil Prices DropExxon Mobil and Chevron collectively posted $18 billion in first-quarter profits, showing resilient performance even as oil and natural-gas prices declined.
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