Exxon Mobil Corporation ( XOM ) shares are trading lower premarket on Friday. The oil giant anticipates changes in oil prices to add first-quarter Upstream earnings quarter-over-quarter by $0.0 billion to $0.4 billion.

Also, changes in gas prices are expected to add to its Upstream results by $0.0 billion and $0.4 billion compared to the fourth quarter.

Also, Exxon Mobil ( XOM ) projects that variations in industry margins will positively impact Energy Products earnings by $0.3 billion – $0.7 billion.

On the other hand, the company expects change in industry margins to impact Chemical Products earnings by $(0.1) billion – $0.1 billion and Specialty Products earnings by $(0.3) billion – $(0.1) billion.

Moreover, changes in timing effects are expected to positively impact both Upstream and Energy Products earnings by $0.1 billion – $0.5 billion each.

Also Read: Trump’s Tariffs On Buyers Of Venezuelan Oil Could Boost Energy Sector, Exxon Mobil Stock

Apart from this, changes in scheduled maintenance are projected to affect Upstream results by $0.0 billion – $0.2 billion, Energy Products by $(0.3) billion – $(0.1) billion, Chemical Products by $(0.1) billion – $0.1 billion and Specialty Products by $(0.1) billion – $0.1 billion.

According to Benzinga Pro, analysts estimate Exxon Mobil ( XOM ) to report first -quarter adjusted earnings per share of $1.70 and revenues of $86.09 billion.

Last month, the company disclosed that it is preparing to increase its isopropyl alcohol (IPA) production, aiming to produce 99.999% ultra-pure IPA to meet the growing needs of the semiconductor sector.

Exxon's Baton Rouge facility will undergo upgrades to manufacture this high-purity IPA to meet the growing demand by 2027.

Investors can gain exposure to XOM via THOR Equal Weight Low Volatility ETF ( THLV ) and ALPS Equal Sector Weight ETF ( EQL ) .

Price Action: XOM shares are down 3.53% at $108.46 premarket at the last check Friday.

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