ExxonMobil Expects to Report a Profit Gusher in Q1. Can It Repeat That Feat With Crude Prices Falling? [Yahoo! Finance]
Exxon Mobil Corporation (XOM)
Last exxon mobil corporation earnings: 5/1 07:34 am
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Source: Yahoo! Finance
The oil giant expects to report a roughly $900 million increase in its quarterly profit. A combination of higher oil and natural gas prices and improving oil refining margins helped fuel the increased profitability. Unfortunately, the strong market conditions that helped drive its earnings higher in the first quarter vanished in the early days of Q2. Crude prices have crumbled due to concerns about how higher tariffs will impact the global economy. On a more positive note, Exxon is working hard to bolster its earnings capacity in the future. ExxonMobil provided some preliminary numbers for the first quarter. The company expects its earnings to be about $900 million higher than in the fourth quarter, when it reported $7.4 billion in profit. That would also put its profits up about $100 million compared to the first quarter of last year, when it posted $8.2 billion in income. The company benefited from higher oil and gas prices in the quarter. Brent, the global oil benchmark price
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XOM
Earnings
- 10/31/25 - Beat
XOM
Sec Filings
- 12/19/25 - Form 4
- 12/18/25 - Form 4
- 12/15/25 - Form 4
- XOM's page on the SEC website