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XOM / ExxonMobil seeks further cost cuts after hitting target early

Exxon Mobil Corporation (NYSE:XOM) is targeting more cost savings after hitting its $9.0 billion ahead of schedule. The Texas oil giant made the announcement alongside third quarter results which showed earnings rose to $9.07 billion in the three months ended September 30, from $7.88 billion in the previous quarter, although they were more than halved from the $19.66 billion reported a year ago. Read More

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Posted: Oct 27 2023, 07:46

Author Name: Proactive Investors

XOM News

By The Motley Fool
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Why ExxonMobil Stock Crushed the Market on Thursday

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By Zacks Investment Research
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Here is What to Know Beyond Why Exxon Mobil Corporation (XOM) is a Trending Stock

Zacks.com users have recently been watching Exxon (XOM) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

By InvestorPlace
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XOM Stock Buy Alert: Jump On This Generational Energy Opportunity

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By The Motley Fool
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ExxonMobil Is Cashing In on Higher Crude Oil Prices

Higher oil prices provided a big boost to Exxon's third-quarter earnings and free cash flow. The company's strong and growing free cash flow enabled i

By Seeking Alpha
October 28, 2023

Exxon Mobil: Why This Dividend Zombie Deserves A Look

Exxon Mobil is a dividend zombie, having paid uninterrupted dividends for 141 years. Despite missing Q3 earnings estimates, Exxon Mobil's share price

By Reuters
October 27, 2023

Exxon restarts coker at Baton Rouge, Louisiana refinery -sources

ExxonMobil restarted the coker on Thursday night at its 522,500 barrel-per-day (bpd) Baton Rouge, Louisiana refinery, people familiar with plant opera

By Seeking Alpha
October 27, 2023

Exxon Mobil: Risk/Reward Isn't Appealing With Profit Slump

Exxon Mobil Corporation missed analyst estimates for Q3 '23 after a major deal announcement, confirming a bearish outlook. The acquisition of Pioneer

By Fox Business
October 27, 2023

Oil slide hits Exxon Mobil profits

Exxon Mobil Corp reported a $9.1 billion third-quarter profit, about a 54% drop from record earnings a year ago. The decline comes as oil prices retre

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