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Exxon Mobil Likely To Report Higher Q2 Earnings; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
Exxon Mobil Corporation (NYSE:XOM) is set to release earnings results for its second quarter, before the opening bell on Aug. 2, 2024.
Analysts expect the Spring, Texas-based company to report quarterly earnings at $2.01 per share, up from $1.94 per share in the year-ago period. Exxon Mobil is projected to report quarterly revenue of $90.99 billion, compared to $82.91 billion a year earlier, according to data from Benzinga Pro.
Exxon Mobil and its partner CNOOC Ltd have filed arbitration claims, asserting their right of first refusal to any sale of Hess Corp's (NYSE:HES) stake in a Guyana oil-producing joint venture. This move could potentially hinder Chevron Corp's (NYSE:CVX) proposed $53 billion acquisition of Hess.
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