Exxon Says Oil Skid Could Cut $1 Billion From Q4 Results
7 Articles
7 Articles
Oil prices rise on U.S. stock draw and Venezuela headlines; Exxon stock steadies after earnings-hit warning
NEW YORK, Jan 8, 2026, 06:20 EST — Premarket Exxon Mobil shares were up about 0.1% in premarket trade at $118.61 on Thursday, after ending the prior session down 2.1%. In a regulatory filing, Exxon said lower crude prices could trim fourth-quarter upstream — its oil and gas production business — earnings by $800 million to $1.2 billion. The filing also showed stronger refining margins, a gauge of profit from turning crude into fuel, could add $3…
Exxon Signals Fall in Fourth-Quarter Upstream Profit - Energy News, Top Headlines, Commentaries, Features & Events
(Reuters) – U.S. oil major Exxon Mobil said on Wednesday that lower crude oil prices could cut its fourth-quarter upstream earnings by about $800 million to $1.2 billion. Oil prices declined 9.2% during the three months ended December 31, as concerns about oversupply and tariffs outweighed geopolitical risks. Brent crude futures shed about 19% in ...
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