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-0.00285738297335913 -0.00495839986553495 -0.0083200268930163 -0.00327758635179427 0.0125220606773678 0.0110093285150012 0.00428607446003858 0.00218505756786277
Stock impact report

Exxon earnings miss, hit by lower natural gas prices and squeezed refining margins [CNBC]

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: CNBC
Here is what Exxon reported for the first quarter compared with what Wall Street was expecting, based on a survey of analysts by LSEG: Earnings per share: $2.06 vs. $2.20 expected Revenue: $83.08 billion vs. $78.35 billion expected. The nation's largest oil producer reported net income of $8.22 billion, or $2.06 per share, a 28% decrease from earnings of $11.43 billion, or $2.79 per share, in the same period a year ago. Revenue beat expectations, coming in at $83.08 billion, but was lower than a year ago, when the company reported $86.56 billion. Oil and gas production profits fell 12% to $5.67 billion, compared with $6.46 billion in same quarter last year due to lower natural gas prices. Exxon produced 3.78 million barrels per day in the quarter, down slightly from the 3.83 million bpd of output in the year-ago period. Exxon's fuel business saw earnings plummet 71% to $1.38 billion, compared with $4.18 billion in the prior year, due to lower refining margins. The compa Show less Read more
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