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Exxon Mobil expects fourth-quarter upstream earnings to ease
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Exxon Mobil expects fourth-quarter upstream earnings to ease
Jan 7, 2025 2:10 PM

Exxon Mobil ( XOM ) said on Tuesday changes in oil prices would ease its fourth-quarter upstream earnings by $500 million to $900 million.

The industry bellwether had posted $6.16 billion in upstream earnings for the third quarter, and a net profit of $7.63 billion in the year-ago fourth quarter.

(Reporting by Tanay Dhumal and Vallari Srivastava in Bengaluru; Editing by Devika Syamnath)

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