Less than a month after they each announced major acquisitions, the two largest U.S. oil giants reported sluggish third-quarter earnings Friday. But investors responded less harshly to ExxonMobil's re
Exxon Mobil Corporation missed analyst estimates for Q3 '23 after a major deal announcement, confirming a bearish outlook. The acquisition of Pioneer Natural Resources raises concerns about focusing o
Exxon Mobil  XOM  and Chevron  CVX  reported quarterly earnings Friday morning, and both companies missed quarterly earnings expectations. The energy giants saw EPS drop more than -40% YoY, in sta
CNBC's Pippa Stevens joins 'Power Lunch' to discuss the energy trade.
Neal Dingmann, energy analyst at Truist Securities, joins 'The Exchange' to discuss increasing consolidation in the oil market, who the buyers and sellers will be, and more.

Oil slide hits Exxon Mobil profits

02:20pm, Friday, 27'th Oct 2023
Exxon Mobil Corp reported a $9.1 billion third-quarter profit, about a 54% drop from record earnings a year ago. The decline comes as oil prices retreat from higher levels.
ExxonMobil Corp.'s (XOM) third-quarter profit fell by more than half of its record high last year on a decline in oil and gas price realizations, although the company's refineries had the highest thro
Exxon Mobil Chair and CEO Darren Woods discusses the company's third-quarter earnings, refining strategy and the ESG movement with Alix Steel and Guy Johnson on "Bloomberg Markets."
Spending continued to climb: +0.7% compared with the +0.5% anticipated and the +0.4% posted a month ago.
While the top- and bottom-line numbers for Exxon (XOM) give a sense of how the business performed in the quarter ended September 2023, it could be worth looking at how some of its key metrics compare
Lower realizations of commodity prices and production hurt ExxonMobil's (XOM) earnings in Q3.

PCE Numbers Come in Line With Expectations

12:02pm, Friday, 27'th Oct 2023
PCE Numbers Come in Line With Expectations.
Exxon Mobil Corporation (NYSE:XOM ) Q3 2023 Earnings Conference Call October 27, 2023 8:30 AM ET Company Participants Darren Woods - Chairman, Chief Executive Officer Neil Chapman - Senior Vice Presid
Exxon Mobil Corp (NYSE: XOM) is in the red this morning after reporting its financial results for the third quarter that came in shy of Street estimates. Exxon Q3 financial highlights Exxon attributed
Amazon.com Inc (NASDAQ:AMZN), up 5.25% to $125.85, last night reported better-than-expected financial results for its third quarter of 2023, with a notable beat on the bottom line. The e-commerce gian
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