bullish

Exxon Mobil

[Earnings Preview] Exxon Braces for Profit Hit as Refining Margins Tighten

172 Views01 Aug 2024 14:48
Exxon expects rising oil prices to offset falling nat-gas prices. Shrinking refining margins to hurt profits by USD 1.1 – USD 1.5 billion. Strong Permian and Guyana presence will fuel future growth.
What is covered in the Full Insight:
  • Earnings Impact from Refining Margins
  • Pioneer Natural Resources Acquisition
  • Production in the Permian and Guyana
  • Q1 Performance and EPS Miss
  • Valuation and Profitability Metrics
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