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ExxonMobil Reports 23.4% Drop In Profits On Lower Crude Prices
ExxonMobil reported a drop in second-quarter profits Friday as the hit from lower crude prices more than offset a boost from higher oil and gas production. The petroleum giant reported profits of $7.1 billion, down 23.4 per cent from the year-ago period. Crude prices were under $65 a barrel, more than $10 less than the level in the 2024 quarter.
An association representing chemical companies in Brazil, where large U.S. firms like ExxonMobil and Dow Chemical operate, ...
Exxon Mobil Corp. (($XOM)) has held its Q2 earnings call. Read on for the main highlights of the call. ExxonMobil’s recent earnings call presented ...
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Q2 profits at Exxon Mobil and Chevron dip to lowest level in 4 years on subdued energy prices
Exxon Mobil’s profit dropped in the second quarter to the lowest level in four years as oil prices declined amid an increase ...
Australia's Woodside Energy said on Tuesday it will take over operatorship of the Bass Strait oil and gas assets from ...
ExxonMobil's second-quarter earnings declined to $7.1 billion due to lower oil prices, but the operator achieved record upstream production.
After losing an arbitration battle to block Chevron’s $53 billion acquisition of Hess, ExxonMobil is scouting for its own oil patch deals, The Wall Street Journal writes. CEO Darren Woods says ...
ExxonMobil reported strong second-quarter earnings, surpassing analyst estimates, driven by record production in the Permian ...
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ExxonMobil negotiating return to Iraq’s oilfields
ExxonMobil is reportedly in negotiations with Iraq to make a comeback to the nation's oilfields, according to a report by ...
More than just a day on the green, ExxonMobil’s annual Charity Golf Tournament brought together community members, volunteers ...
Q2 2025 Management View Darren W. Woods, Chairman and CEO, emphasized the strength of ExxonMobil’s diversified business, stating, "This quarter once again proved the value of our strategy and our ...
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