NYSE - Nasdaq Real Time Price USD

Exxon Mobil Corporation (XOM)

118.50

-2.83

(-2.33%)

As of 2:50 PM EDT. Market Open.

What Chevron, Exxon Q1 earnings mean for gas prices

Shares of Exxon Mobil (XOM) and Chevron (CVX) traded lower on Friday as both companies revealed a year-over-year decline in first quarter revenue due to refining margins being lower. Will these reports have an effect at the pump? Yahoo Finance Reporter Ines Ferré joins Wealth! to break down the potential impact on gas prices and what consumers and investors should keep in mind moving forward. For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Nicholas Jacobino

Yahoo Finance Video 2 hours ago

CVX
+0.02%
XOM
-2.33%
PCE, big tech, and energy earnings: 3 Things

The core Personal Consumption Expenditure (PCE) index, the Federal Reserve's preferred measure of inflation, came in hotter-than-expected for March at 2.8%, potentially delaying the Fed's next round of rate cuts. Shares of Alphabet (GOOG,GOOGL) and Microsoft (MSFT) are trading higher on Friday morning as both companies affirm their commitment to investing in AI. The companies also reported their latest quarterly earnings, beating expectations. Shares of Exxon Mobil (XOM) and Chevron (CVX) are trading lower as both companies reported mixed earnings results for the first quarter, citing lower refining margins. Yahoo Finance reporters Jennifer Schonberger, Jared Blikre, and Ines Ferre join the Morning Brief to discuss the three things investors need to watch for the trading day. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Nicholas Jacobino

Yahoo Finance Video 5 hours ago

GOOG

XOM
-2.33%
MSFT
Chevron, Exxon stocks fall as lower refining margins, falling natural gas prices hit profits

Chevron and ExxonMobil said earnings per share dropped from a year earlier as they grappled with lower natural gas prices and refining margins.

Yahoo Finance 9 hours ago

CVX
+0.02%
HES

XOM
-2.33%
US Energy Stocks Fall Following Oil Giants' Subdued Earnings Reports

Shares of major U.S. energy companies experienced widespread declines in the first hour of trading on Friday, subsequent to the recently released subdued earnings reports from oil giants Exxon Mobil Corp. (NYSE:XOM) and Chevron Corp. (NYSE:CVX). The Energy Select Sector SPDR Fund (NYSE:XLE), a gauge for energy sector performance, experienced a 1.7% drop, setting it up for its worst session since the end of January. Chart: Energy Stocks Witness Their Sharpest Decline Since Late January As Major O

Benzinga 40 minutes ago

CVX
+0.02%
XOM
-2.33%
Stocks to Watch Friday: Exxon Mobil, Alphabet, Microsoft, Snap

↗️ **Alphabet (GOOG),** **(GOOGL)**: Google’s parent said quarterly profit jumped by more than half and announced its first cash dividend. Shares soared around 10%. ↗️ **Microsoft (MSFT)**: The software company reported quarterly results that beat Wall Street estimates for sales and revenue.

The Wall Street Journal 1 hour ago

INTC

SNAP

GOOG
Exxon Plunges After Surprise Refining Costs Erode Returns

(Bloomberg) -- Exxon Mobil Corp. plunged the most in six months after higher-than-expected maintenance costs diminished oil-refining results. Most Read from BloombergJavier Milei Fuels Wild Rally That Makes Peso No. 1 in WorldPlunging Home Prices, Fleeing Companies: Austin’s Glow Is FadingFed’s Preferred Core Inflation Gauge Rose at Brisk Pace in MarchHuawei’s New Phone Runs Latest Version of Made-in-China ChipBillionaire Stephen Ross Believes in South Florida—and Is Spending Big to Transform It

Bloomberg 1 hour ago

XOM
-2.33%
CVX
+0.02%
HES
Earnings for Big Oil backpedal as natgas prices tumble

HOUSTON (Reuters) -U.S. and European oil companies reported weaker first quarter results on Friday due to a sharp drop in natural gas prices compared with a year ago. Results at oil and gas firms are still retreating from record levels in 2022 that were boosted by a surge in demand after the COVID-19 pandemic and then when prices spiked after Russia invaded Ukraine. In the U.S., Exxon Mobil missed Wall Street earnings targets on fuel derivatives and Chevron beat tempered expectations with better-than-expected U.S. oil production.

Reuters 1 hour ago

CVX
+0.02%
XOM
-2.33%
Stocks on Track for Weekly Gains as PCE Inflation Hits 2.7%

Stocks climbed, putting the major U.S. indexes on course for weekly gains despite another round of firm inflation data.

The Wall Street Journal 2 hours ago

XOM
-2.33%
ExxonMobil (XOM) Q1 2024 Earnings Call Transcript

XOM earnings call for the period ending March 31, 2024.

Motley Fool 2 hours ago

XOM
-2.33%
These Stocks Are Moving the Most Today: Alphabet, Microsoft, Intel, Snap, Exxon, Roku, Skechers, ResMed, and More

Alphabet shares surge after Google’s parent posts better-than-expected earnings and announces its first cash dividend, Microsoft posts 31% quarterly growth in Azure cloud-computing revenue, and Exxon Mobil’s earnings miss estimates.

Barrons.com 3 hours ago

GOOG

MSFT

INTC
Exxon and Chevron Stocks Fall After Earnings. The Bar Was High.

With shares of Exxon Mobil and Chevron near their 52-week highs, the companies faced a high bar for their first-quarter earnings reports, both of which were released early on Friday. Chevron, which beat analysts’ earnings estimates by a penny, was down 0.8%. Exxon, which missed estimates, was down 3.6%.

Barrons.com 3 hours ago

CVX
+0.02%
XOM
-2.33%
Oil Heads for a Weekly Advance on Signs of a Tightening Market

(Bloomberg) -- Oil headed for a weekly gain amid signs of a tightening physical market while traders continue to assess lingering Middle East risks. Most Read from BloombergJavier Milei Fuels Wild Rally That Makes Peso No. 1 in WorldPlunging Home Prices, Fleeing Companies: Austin’s Glow Is FadingFed’s Preferred Core Inflation Gauge Rose at Brisk Pace in MarchHuawei’s New Phone Runs Latest Version of Made-in-China ChipBillionaire Stephen Ross Believes in South Florida—and Is Spending Big to Trans

Bloomberg 4 hours ago

CVX
+0.02%
XOM
-2.33%
Exxon Mobil (XOM) Lags Q1 Earnings and Revenue Estimates

Exxon (XOM) delivered earnings and revenue surprises of -5.94% and 4.06%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?

Zacks 4 hours ago

XOM
-2.33%
Exxon Spent Money to Make Money

The oil and gas giant’s spending in recent years has opened up a huge gap with Chevron, and it might widen further.

The Wall Street Journal 4 hours ago

TTE

TTFNF

CVX
+0.02%
PCE In-Line to Warmer, Pre-Market Calms; ABBV Beats, XOM Misses

Pre-market futures are up across the board: +106 points on the Dow, +45 points on the S&P 500 and +195 on the Nasdaq immediately following this important data's release.

Zacks 4 hours ago

ABBV

XOM
-2.33%
Exxon, Chevron Earnings In Q1 Fall As Supermajors Spar Over South America's Oil Jewel.

Exxon Mobil and Chevron reported first-quarter earnings and revenue declines early Friday as lower refining margins and natural gas prices took a toll on the energy giants. Meanwhile, the two U.S. supermajors continue to squabble over Chevron's attempt to move into oil-rich Guyana. Both XOM stock and Chevron stock initially edged lower.

Investor's Business Daily 4 hours ago

XOM
-2.33%
CVX
+0.02%
Exxon Mobil First-Quarter Earnings Miss Views Amid Lower Oil Refining Margins, Gas Prices

Exxon Mobil First-Quarter Earnings Miss Views Amid Lower Oil Refining Margins, Gas Prices

PREMIUM
MT Newswires 6 hours ago

XOM
-2.33%
Dow Jones Futures Rise As Microsoft, Google Jump; New Market Rally Still Must Do This

Microsoft and Google jumped on earnings late after the market rally attempt showed resilience Thursday amid Meta's sell-off.

Investor's Business Daily 6 hours ago

GOOG

^DJI

MSFT
Exxon Mobil Corp (XOM) Reports Mixed Q1 2024 Results: Earnings Miss, Revenue Aligns with ...

Insight into Exxon Mobil's First Quarter Financials and Strategic Developments

GuruFocus.com 6 hours ago

XOM
-2.33%
Exxon and Chevron Earnings Fall Back to Earth

The oil companies are still printing big profits, but their postpandemic run of record earnings is slowing down.

The Wall Street Journal 7 hours ago

XOM
-2.33%
CVX
+0.02%
^GSPC

Performance Overview

Return	XOM	S&P 500
YTD	+19.63%	+7.05%
1-Year	+5.34%	+25.41%
3-Year	+141.54%	+22.15%

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Exxon Mobil Corporation (XOM)

What Chevron, Exxon Q1 earnings mean for gas prices

PCE, big tech, and energy earnings: 3 Things

Chevron, Exxon stocks fall as lower refining margins, falling natural gas prices hit profits

US Energy Stocks Fall Following Oil Giants' Subdued Earnings Reports

Stocks to Watch Friday: Exxon Mobil, Alphabet, Microsoft, Snap

Exxon Plunges After Surprise Refining Costs Erode Returns

Earnings for Big Oil backpedal as natgas prices tumble

Stocks on Track for Weekly Gains as PCE Inflation Hits 2.7%

ExxonMobil (XOM) Q1 2024 Earnings Call Transcript

These Stocks Are Moving the Most Today: Alphabet, Microsoft, Intel, Snap, Exxon, Roku, Skechers, ResMed, and More

Exxon and Chevron Stocks Fall After Earnings. The Bar Was High.

Oil Heads for a Weekly Advance on Signs of a Tightening Market

Exxon Mobil (XOM) Lags Q1 Earnings and Revenue Estimates

Exxon Spent Money to Make Money

PCE In-Line to Warmer, Pre-Market Calms; ABBV Beats, XOM Misses

Exxon, Chevron Earnings In Q1 Fall As Supermajors Spar Over South America's Oil Jewel.

Exxon Mobil First-Quarter Earnings Miss Views Amid Lower Oil Refining Margins, Gas Prices

Dow Jones Futures Rise As Microsoft, Google Jump; New Market Rally Still Must Do This

Exxon Mobil Corp (XOM) Reports Mixed Q1 2024 Results: Earnings Miss, Revenue Aligns with ...

Exxon and Chevron Earnings Fall Back to Earth

Performance Overview