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Exxon Soars on Q3 Beat But Near-Term Gains Could Be Capped

Exxon Soars on Q3 Beat But Near-Term Gains Could Be Capped
ExxonMobil reported strong third quarter earnings of $9.1 billion, driven by high oil and gas prices, robust refining margins, and structural cost improvements. However, the outlook for energy stocks is mixed in the near term. In the short term, Exxon faces some headwinds. Its chemical segment continues to struggle with weak industry margins as additional The post Exxon Soars on Q3 Beat But Near-Term Gains Could Be Capped appeared first on ECS: Elite CurrenSea... Read More
Posted: Nov 1 2023, 14:07
Author Name: elitecurrensea
Views: 040711

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