ExxonMobil Announces Third-Quarter 2024 Results

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Barclays Reiterates Overweight Rating on ExxonMobil (XOM)

November 4, 2024 4:52 AM EST

Barclays analyst Jeanine Wai reiterated an Overweight rating and $137.00 price target on ExxonMobil (NYSE: XOM).

The analyst comments "Our take: The downstream-driven 3Q earnings beat highlights the advantages of XOM's integrated portfolio to compete even in a weak margin environment, helped by execution on its structural cost savings, strategic project start-ups, and portfolio high-grading over the past few year. In upstream, XOM continues to see momentum in the Permian with PXD synergies... More

Exxon Mobil (XOM) Tops Q3 EPS by 3c, Misses on Revenue

November 1, 2024 6:32 AM EDT

Exxon Mobil (NYSE: XOM) reported Q3 EPS of $1.92, $0.03 better than the analyst estimate of $1.89. Revenue for the quarter came in at $90.02 billion versus the consensus estimate of $94.24 billion.

For earnings history and earnings-related data on Exxon Mobil (XOM) click here.

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