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-6.34517766496885E-05 -6.34517766496885E-05 -0.000380710659898311 0.00044416243654836 -0.000126903553299377 -0.00878807106598979 0.00475888324873096 0.00862944162436557
Stock impact report

Chevron forecasts up to US$2.2 billion rise in upstream earnings from higher first-quarter prices [BNN Bloomberg (Canada)]

Exxon Mobil Corporation (XOM) 
Last exxon mobil corporation earnings: 5/1 07:34 am Check Earnings Report
US:NYSE Investor Relations: ir.exxonmobil.com
Company Research Source: BNN Bloomberg
The conflict, which began on February 28, sent oil prices skyrocketing as much as 65 per cent, with some oil and gas fields in the Middle East shutting production after the Strait of Hormuz - a conduit for a fifth of global energy flows - was effectively closed. Benchmark Brent crude prices averaged $78.38 per barrel during the first quarter, up 24% from the previous three months, according to LSEG data. Chevron's net oil-equivalent production is expected to average 3.8 million to 3.9 million barrels per day, with volumes affected by downtime at Kazakhstan's Tengizchevroil project and reduced output in parts of the Middle East. Rival Exxon Mobil on Wednesday earnings in its upstream business could get a lift of about $1.4 billion compared with the fourth quarter, driven by higher oil prices. Exxon, however, signaled overall earnings could decline from the previous quarter as a multi-billion-dollar hit related to financial hedging was expected to outweigh gains from higher oil Show less Read more
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