ExxonMobil (XOM) tops Q2 earnings, revenue expectations
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Exxon Mobil (XOM) Tops Q2 EPS by 11c
August 2, 2024 7:23 AM EDTExxon Mobil (NYSE: XOM) reported Q2 EPS of $2.14, $0.11 better than the analyst estimate of $2.03. Revenue for the quarter came in at $93.06 billion versus the consensus estimate of $90.46 billion.
For earnings history and earnings-related data on Exxon Mobil (XOM) click here.
... MoreExxon delivers $9.2 billion second-quarter profit, raises output target
August 2, 2024 6:37 AM EDTBy Sabrina Valle
(Reuters) -Exxon Mobil on Friday posted a better-than-expected $9.2 billion second-quarter profit based on rising oil prices and volume gains from its purchase this year of shale oil firm Pioneer Natural Resources.
Exxon delivered a $2.14 per share profit that beat analysts' estimates on oil production and pricing gains that offset refining weakness. Results mirrored profit beats by rivals BP (NYSE: BP), Shell and ConocoPhillips.
"I'd say vectors are all pointing up," said Exxon CEO Darren Woods of the output gains.
The top U.S. oil producer's focus on oil underscores its view... More
Payrolls, slumping stocks, Apple, Amazon - what's moving markets
August 2, 2024 5:36 AM EDTInvesting.com -- Wall Street looks set to end the week on a losing note as weak activity data has investors fretting about the possibility of a U.S. recession. Nonfarm payrolls will be studied for growth clues, while results from tech heavyweights Apple and Amazon will also be in the spotlight.Â
1. Payrolls loom large
Fridays economic highlight will be the release of the closely watched nonfarm payrolls report, as investors seek further clues on the health of the U.S. labor market and the broader... More
Payrolls, slumping stocks, Apple, Amazon - what's moving markets
August 2, 2024 5:36 AM EDTInvesting.com -- Wall Street looks set to end the week on a losing note as weak activity data has investors fretting about the possibility of a U.S. recession. Nonfarm payrolls will be studied for growth clues, while results from tech heavyweights Apple and Amazon will also be in the spotlight.Â
1. Payrolls loom large
Fridays economic highlight will be the release of the closely watched nonfarm payrolls report, as investors seek further clues on the health of the U.S. labor market and the broader... More
Chevron (CVX), Hess Corp. (HES) Decline Tied to Potential Deal Delay
August 1, 2024 11:32 AM EDTChevron (NYSE: CVX), Hess Corp. (NYSE: HES) Decline Tied to Potential Deal Delay
More:
On October 22, 2023, Chevron Corporation (Chevron) entered into a definitive merger agreement with Hess Corporation (Hess), pursuant to which, subject to the terms and conditions of the merger agreement, a subsidiary of... More
ExxonMobil (XOM) August weekly option IV increases into quarter results and outlook
August 1, 2024 10:36 AM EDTExxonMobil (NYSE: XOM) August weekly call option implied volatility is at 50, August is at 25; compared to its 52-week range of 17 to 29 into expected release of quarter results before the bell on August 2.
... More