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On a constant price basis, our 2019 unit earnings were about $5 per oil equivalent barrel. Year-to-date in 2024, excluding Pioneer, we've doubled that to $10 per barrel.
Despite sluggish energy prices and the broader sector taking a back seat to the excitement in high-growth technology companies, shares of Exxon are up 20% thus far in 2024 and near its all-time ...
Add in its gas production, and Exxon's total output averaged nearly 4.6 million barrels of oil equivalent per day (BOE/d). Exxon's production has averaged 4.2 million BOE/d this year, a whopping ...
The oil giant expects to report $1.76 per share of earnings in the period, well below analysts' expectations. It's also below the $2.48 per share it posted in the year-ago period and the $1.92 per ...
Exxon Mobil Corp. earned $9.07 billion, or $2.25 per share in the period. That compares with $19.66 billion, or $4.68 per share, a year earlier. Removing certain items, earnings were $2.27 per share.
Exxon Mobil Corporation (NYSE:XOM) shares are trading higher today. The oil giant anticipates changes in oil prices to reduce third-quarter upstream earnings Q/Q by $(1.0) billion to $(0.6) billion.
Exxon Mobil's third-quarter profit beat analysts' expectations, as the oil and gas giant was helped by contributions from Pioneer Natural Resources, a recent acquisition. Exxon earned $8.6 billion ...
As a reminder, at Brent between $60 and $80 a barrel real and 10-year average refinery and chemical margins, we expect to generate between $80 million and $140 billion in cumulative surplus cash ...