NYSE - Nasdaq Real Time Price USD

Exxon Mobil Corporation (XOM)

117.86

-3.47

(-2.86%)

At close: 3:59 PM EDT

117.92

+0.06

(+0.05%)

After hours: 4:12 PM EDT

What Exxon, Chevron Q1 earnings mean for the energy sector

Energy giants Exxon Mobil (XOM) and Chevron (CVX) are experiencing divergent stock performance following the release of their respective first quarter earnings reports today. Both companies faced headwinds from lower national gas prices and narrowing refining margins, which put pressure on their first quarter profits. However, Chevron managed to surpass expectations on adjusted earnings per share. Yahoo Finance's Jared Blikre and Julie Hyman discuss each company's first quarter earnings report, providing insights into how their financial performance is impacting share prices. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Angel Smith

Yahoo Finance Video 4 minutes ago

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CVX
+0.37%
Chevron, Exxon face energy headwinds, lower profits in Q1

Exxon Mobil (XOM) and Chevron (CVX) reported their first quarter earnings, with both companies revealing a fall in revenue for the quarter compared to the same period last year. However, both companies beat Wall Street expectations for revenue for the quarter. Chevron claims the revenue drop is partly due to lower margins on refined product sales. Yahoo Finance Reporter Ines Ferre joins The Morning Brief to analyze the latest developments for these companies and what they mean for the stocks moving forward. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief.

Yahoo Finance Video 6 hours ago

XOM
-2.86%
CVX
+0.37%
Exxon, Chevron Earnings 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. XOM stock fell Friday while Chevron stock shook off early losses and advanced.

Investor's Business Daily 10 minutes ago

XOM
-2.86%
CVX
+0.37%
Oil Posts Weekly Advance Amid Signs of a Tightening Market

(Bloomberg) -- Oil rose this week amid signs of a tightening physical market while traders continue to assess lingering Middle East risks. Most Read from BloombergPlunging Home Prices, Fleeing Companies: Austin’s Glow Is FadingJavier Milei Fuels Wild Rally That Makes Peso No. 1 in WorldFed’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 ItWes

Bloomberg 1 hour ago

CVX
+0.37%
XOM
-2.86%
Why ExxonMobil Stock Dropped on Earnings Friday

News flash: ExxonMobil stock is still a sell.

Motley Fool 1 hour ago

XOM
-2.86%
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 1 hour ago

GOOG

MSFT

INTC
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 2 hours ago

CVX
+0.37%
XOM
-2.86%
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 3 hours 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 BloombergPlunging Home Prices, Fleeing Companies: Austin’s Glow Is FadingJavier Milei Fuels Wild Rally That Makes Peso No. 1 in WorldFed’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 3 hours ago

XOM
-2.86%
CVX
+0.37%
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 3 hours ago

CVX
+0.37%
XOM
-2.86%
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 3 hours ago

XOM
-2.86%
ExxonMobil (XOM) Q1 2024 Earnings Call Transcript

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

Motley Fool 3 hours ago

XOM
-2.86%
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 5 hours ago

CVX
+0.37%
XOM
-2.86%
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 5 hours ago

XOM
-2.86%
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 5 hours ago

TTE

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CVX
+0.37%
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 5 hours ago

ABBV

XOM
-2.86%
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 7 hours ago

XOM
-2.86%
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 7 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 8 hours ago

XOM
-2.86%
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 8 hours ago

XOM
-2.86%
CVX
+0.37%
^GSPC

Performance Overview

Return	XOM	S&P 500
YTD	+18.98%	+6.92%
1-Year	+4.77%	+25.26%
3-Year	+140.23%	+22.00%

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Exxon Mobil Corporation (XOM)

What Exxon, Chevron Q1 earnings mean for the energy sector

Chevron, Exxon face energy headwinds, lower profits in Q1

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

Oil Posts Weekly Advance Amid Signs of a Tightening Market

Why ExxonMobil Stock Dropped on Earnings Friday

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

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

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

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 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