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Exxon expects reduced Q4 earnings from lower oil prices, refining squeeze
Exxon Mobil (NYSE:XOM) -1.4% in Wednesday's trading after saying its Q4 earnings were hurt by lower crude prices and narrower refining margins, in a sign that the quarter may have been a tough one for the big oil companies.
Exxon Mobil signals oil refining results to hurt Q4 profits
Exxon Mobil signaled on Tuesday that sharply weaker oil refining results, asset impairments and lower oil prices would reduce its fourth-quarter earnings by about $1.75 billion from the prior quarter.
Exxon Drops After Warning of Oil, Refining Hit to 4Q Profit
Exxon Mobil Corp.’s shares fell after the company warned its fourth-quarter earnings will take a hit from lower crude prices and narrowing refining margins during the final three months of 2024.
ExxonMobil Warns of Weak Q4 Profits Amid Global Oil Challenges
Exxon Mobil Corporation XOM has projected a sharp decline in its fourth-quarter earnings due to weak performance across all its business segments, including significant headwinds in refining and chemicals.
21h
on MSN
Shell cuts production forecast for LNG, warns weaker Q4
Shell (NYSE:SHEL) cut its Q4 forecast; LNG liquefaction volumes are expected to be between 6.8 and 7.2 million metric tons, ...
Analytics Insight
27m
Top Tech News: AI Chip Market Struggles Hit Samsung's Q4 Guidance; Superhero Capital Launches Fund for Tech Startups in Finland
Good morning, tech fam; here are some quick tech updates for you to catch on to! What’s New Today: AI Chip Market Struggles ...
22h
Samsung's preliminary Q4 profit falls far short of estimates as chip issues drag
Samsung Electronics' preliminary fourth-quarter operating profit missed estimates by a large margin, with the South Korean ...
19h
Wall Street Breakfast Podcast: Shell Lowers Q4 Outlook, Trims LNG Output
Shell cuts production forecast for LNG, warns weaker Q4. Goodyear to sell Dunlop brand to Sumitomo Rubber in $701M deal.
1d
Samsung Forecasts Q4 Earnings To Fall Well Short Of Expectations
South Korea's Samsung Electronics said on Wednesday it expected fourth-quarter profits to be sharply down compared with the ...
2d
Samsung Q4 earnings expected to be hit by Nvidia AI chip supply delay
Samsung Electronics , the world's top memory chip maker, is expected to forecast on Wednesday its profit growth continued to ...
cbtnews
1d
Monthly new car payments hit all-time high in Q4 2024
Nearly 1 in 5 new car buyers face $1,000+ monthly payments in Q4 2024 as rising loan amounts and high interest rates strain ...
48m
TGS Q4 2024 Operational Update
TGS, a leading global provider of energy data and intelligence routinely publishes a quarterly operational update six working ...
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