ExxonMobil Says Lower Oil Prices Will Hit Q4 Earnings
KEY TAKEAWAYS ExxonMobil said it expects to take an up to a $900 million hit to its upstream earnings in the fourth quarter versus the previous three months amid falling oil prices.Lower liquids prices are set to bring down its upstream earnings by between $500 million to $900 million in the fourth quarter of 2024 compared with the third quarter.
JPMorgan Q4 Earnings Preview: Buy Now or Wait for the Results?
JPM will release Q4 earnings next week. Here, we explore the factors impacting its performance and consider whether the stock merits a place in your portfolio.
Exxon Mobil signals oil refining results to hurt Q4 profits
Exxon Mobil signaled on Tuesday that sharply weaker oil refining results, asset impairments and lower oil prices would reduce its fourth-quarter earnings by about $1.75 billion from the prior quarter.
Exxon Mobil’s Q4 2024 Earnings Impact Preview
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Exxon Mobil Signals Lower Q4 Earnings. Here’s What Analysts Are Saying.
Exxon Mobil profits will likely miss fourth-quarter-earnings estimates by close to 20%, one analyst argued as he trimmed his numbers. While Exxon Mobil expects changes in gas prices to improve earnings by up to $400 million,
Exxon Mobil signals Q4 earnings to drop versus prior quarter
Exxon Mobil signaled on Tuesday that weaker oil prices and refining results would reduce its fourth-quarter earnings by about $1.6 billion from the previous quarter. The oil major also said in an SEC filing that it expects to take impairments in the quarter totaling about $600 million,
Cash flow: Top 10 tech startup funding rounds in the Pacific Northwest for Q4
Data from GeekWire’s fundings list. Venture capital funding to startups based across the Pacific Northwest rose more than 20% ...
Shell cuts production forecast for LNG, warns weaker Q4
Shell (NYSE:SHEL) cut its Q4 forecast; LNG liquefaction volumes are expected to be between 6.8 and 7.2 million metric tons, ...
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Samsung Q4 2024 results fall short of expectations, despite record-breaking memory sales
In late 2024, it was reported that as a result of these record-breaking sales workers in Samsung’s memory business unit would ...
Samsung Forecasts Q4 Earnings To Fall Well Short Of Expectations
South Korea's Samsung Electronics said on Wednesday it expected fourth-quarter profits to be sharply down compared with the ...
Shell Trims Q4 LNG Production Outlook
Shell, the world's largest trader of liquefied natural gas, trimmed its LNG production forecast for the quarter to 6.8-7.2 ...
Wall Street Breakfast Podcast: Shell Lowers Q4 Outlook, Trims LNG Output
Shell cuts production forecast for LNG, warns weaker Q4. Goodyear to sell Dunlop brand to Sumitomo Rubber in $701M deal.
Samsung's preliminary Q4 profit falls far short of estimates as chip issues drag
Samsung Electronics' preliminary fourth-quarter operating profit missed estimates by a large margin, with the South Korean ...
Cedar Grove Capital Management’s Q4 2024 Investor Letter
Cedar Grove Capital Management, an investment management company, released its fourth quarter 2024 investor letter.