Exxon reduces Q2 earnings estimates over refining profits

Exxonmobil News

Exxon reduces Q2 earnings estimates over refining profits
Market Domination
  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 25 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 63%

Ahead of its full second-quarter earnings results on August 2, oil giant ExxonMobil (XOM) is signaling that its refinery profits could be taking a hit...

) is signaling that its refinery profits could be taking a hit, expected to decline from $1.1 billion to $1.5 billion. The Market Domination team monitors the energy company's stock movement on this news.Exxon, that company really expects refining profits to drop due to lower margins across the industry, reducing earnings estimates for the second quarter.This will be the oil giants first earnings report since closing on that $60 billion deal for pioneer natural resources.

So we we should get more fleshed out information when we get that full earnings report that's uh coming up. Mark O'Hare became a billionaire after BlackRock acquired his data company. Now he's turning his employees into millionaires. "Two years ago, workers who lost their jobs could simply walk across the street to find new work. That has become increasingly difficult," BCA said.Three Undervalued Stocks With Estimated Discounts Ranging From 13.7% To 35.9%

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

YahooFinanceCA /  🏆 47. in CA

Market Domination

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Arbitrator reinstates suspension of Alouettes DL Lemon ahead of August hearingArbitrator reinstates suspension of Alouettes DL Lemon ahead of August hearingTORONTO — An arbitrator has reinstated the CFL's indefinite suspension of Montreal Alouettes defensive lineman Shawn Lemon for gambling on sports.
Read more »

Arbitrator reinstates suspension of Alouettes DL Lemon ahead of August hearingArbitrator reinstates suspension of Alouettes DL Lemon ahead of August hearingTORONTO — An arbitrator has reinstated the CFL's indefinite suspension of Montreal Alouettes defensive lineman Shawn Lemon for gambling on sports.
Read more »

Arbitrator reinstates suspension of Alouettes DL Lemon ahead of August hearingArbitrator reinstates suspension of Alouettes DL Lemon ahead of August hearingTORONTO — An arbitrator has reinstated the CFL's indefinite suspension of Montreal Alouettes defensive lineman Shawn Lemon for gambling on sports.
Read more »

Arbitrator reinstates suspension of Alouettes DL Lemon ahead of August hearingArbitrator reinstates suspension of Alouettes DL Lemon ahead of August hearingTORONTO — An arbitrator has reinstated the CFL's indefinite suspension of Montreal Alouettes defensive lineman Shawn Lemon for gambling on sports.
Read more »

Arbitrator reinstates suspension of Alouettes DL Lemon ahead of August hearingArbitrator reinstates suspension of Alouettes DL Lemon ahead of August hearingTORONTO — An arbitrator has reinstated the CFL's indefinite suspension of Montreal Alouettes defensive lineman Shawn Lemon for gambling on sports.
Read more »

Arbitrator reinstates suspension of Alouettes DL Lemon ahead of August hearingArbitrator reinstates suspension of Alouettes DL Lemon ahead of August hearingTORONTO — An arbitrator has reinstated the CFL's indefinite suspension of Montreal Alouettes defensive lineman Shawn Lemon for gambling on sports.
Read more »



Render Time: 2025-02-19 03:37:50