which was in line with a drop in the broader S&P 500 Energy Sector index. Global oil demand lagged expectations in 2024, pushing down crude and fuel prices and impacting the industry. Exxon ...

French oil major TotalEnergies has today reported a 15% drop in fourth-quarter earnings, closing out a year marked by low oil ...

Exxon Mobil Corp. beat earnings estimates as strong production growth cushioned the drop in oil prices and refining margins, easing investor concerns about an increase in capital spending.

Exxon Mobil on Friday posted mixed fourth-quarter results that showed weakness in its refining and chemicals business, though it beat Wall Street's profit estimate with higher oil and gas production.

Exxon Mobil is primarily an oil company, and it's reliant on high ... but the company is still quite profitable at these prices. Should prices drop substantially from these levels, though, the ...

Related: Oil Price Drop To Cut Exxon Mobil’s Q4 Upstream Earnings By Up To $0.9 Billion: Details Adjusted net profit came in at $7.39 billion, down from $8.61 billion in the prior quarter.

Shares of the No. 1 U.S. oil producer declined 1.7% to $107.72 in afternoon trading, which was in line with a drop in the broader S&P 500 Energy Sector index. Exxon's adjusted profit for the ...

But industry leaders have also been clear that these and other policy changes floated by Trump won’t lead to more drilling.

ExxonMobil is currently producing about 650,000 barrels per day of oil from Stabroek via the Liza ... The company’s fourth quarter profit marked a 25% drop against the same period the previous ...