Exxon Mobil chairman and CEO Darren Woods joins 'Squawk Box' to discuss the company's quarterly earnings results, global oil demand, headwinds facing the company, energy outlook, and more.

Exxon Mobil (XOM) Q3 Earnings Lag Estimates

09:02am, Friday, 27'th Oct 2023
Exxon Mobil (XOM) came out with quarterly earnings of $2.27 per share, missing the Zacks Consensus Estimate of $2.36 per share. This compares to earnings of $4.45 per share a year ago.
Exxon Mobil Corporation (NYSE:XOM) is targeting more cost savings after hitting its $9.0 billion ahead of schedule. The Texas oil giant made the announcement alongside third quarter results which sho
CNBC's Becky Quick reports on the company's quarterly earnings results.
Shares of Exxon Mobil Corp. XOM, -0.91% lost 0.3% in premarket trading Friday, after the oil giant reported third-quarter profit and revenue that missed expectations as production fell, while free cas
Exxon Mobil Corp on Friday posted a $9.1 billion third-quarter profit, an about 54% drop from record earnings a year ago but up from the prior quarter as oil prices recovered.
Chevron and Exxon announced shiny new acquisitions this month, and industry watchers say that it could be the start of more multibillion megadeals to come.
Oil production consortia led by TotalEnergies and Exxon Mobil bid on separate shallow-water oil and gas blocks in Guyana's first competitive auction, a government official said in a briefing on Thursd

What's in Store for Energy ETFs in Q3 Earnings?

01:32pm, Thursday, 26'th Oct 2023
Most of the oil biggies are expected to surprise on earnings. However, the sector's earnings are expected to decline 35.5% from the year-ago level.
Exxon Mobil's $59.5 billion deal to acquire oil and gas producer Pioneer Natural Resources may have been larger than Chevron's $53 billion agreement to buy Hess , but it is Chevron that is paying a lo

U.S. Oil & Gas Is A Good Bet - Jennifer Warren

08:30am, Thursday, 26'th Oct 2023
U.S. oil and gas production is seen as a safe bet and a positive amid geopolitical conflicts and market volatility. Energy production globally is a source of economic development.
Between a proposed acquisition and the stock's inexpensive valuation, ExxonMobil looks enticing right now. Investors are getting a rare opportunity to scoop up Target shares from the bargain bin.
With uncertainty still present in the clouds, investors may find solace in dependable dividend stocks. Unlike your pure growth-oriented enterprises, companies that provide passive income tend to be le
Oil production cuts this year by the Organization of the Petroleum Exporting Countries and their allies have given the U.S. the price incentive it needed to lift domestic output to its highest level o
Exxon and Chevron's recent acquisitions show that despite global decarbonization pushes, the energy transition is likely to be long and slow.
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