ExxonMobil Earnings Miss Lofty Expectations on Weather and Timing Impacts, Takes Charges of $3.4 billion on Russian Exit.

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  • #36062
    ThePitBoss
    Participant

    Oil giant ExxonMobil reported first quarter earnings Friday that missed lofty expectations on a quarter where oil and natural gas prices hit long term
    [See the full post at: ExxonMobil Earnings Miss Lofty Expectations on Weather and Timing Impacts, Takes Charges of $3.4 billion on Russian Exit.]

    #37296
    ThePitBoss
    Participant

    Exxon Mobil (XOM 94.27, +2.41, +2.6%): rising to its best level since July 2016. Follows last week deal where ExxonMobil will receive $750 million in cash, along with additional payments contingent on future natural gas prices.

    #38290
    TradersCom
    Keymaster

    Javier Blas @JavierBlas
    ·
    ExxonMobil shares hit a record high |

    #38756
    TradersCom
    Keymaster

    Official response to US President #Biden via @ericnuttall accusations & threats from Exxon Mobil $XOM. Hard to believe the lack of knowledge on energy, the belief the public will buy the political rhetoric & they are on the same team USA

    #38972
    Truman
    Participant

    Exxon Mobil $XOM 91.47, +5.35, +6.2%) after Credit Suisse upgrade to Outperform from Neutral

    Helped Energy sector up along with a pop in #oil ($109.46, +1.40, +1.3%).
    Still the energy sector $XLF remains down 11.2% for the month. Update

    #39791
    TradersCom
    Keymaster

    Exxon Mobil $XOM 81.04, -3.77, -4.5% falling to its lowest level since late April.

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