ExxonMobil (XOM) weaker as 8K filing suggests below-consensus EPS
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Exxon Mobil signals second-quarter earnings hit from refining margins, natural gas prices
July 8, 2024 7:16 AM EDTBy Tanay Dhumal
(Reuters) -Exxon Mobil said on Monday lower natural gas prices and refining margins are expected to hit the oil major's second-quarter earnings.
The oil major would be reporting its first earnings after closing the acquisition of Pioneer Natural Resources for $60 billion, with the combined operations making it the largest oil producer in the Permian basin.
Exxon said changes in gas prices could... More
