share_log

Exxon Mobil | 8-K: 2Q24 Earnings Considerations

SEC announcement ·  Jul 8 19:12
Summary by Futu AI
Exxon Mobil Corporation, a New Jersey-incorporated energy company, filed a Form 8-K report with the United States Securities and Exchange Commission on July 8, 2024. The report provided insights into the factors expected to influence the company's financial results for the second quarter of 2024 (2Q24), compared to the first quarter (1Q24). The company reported 1Q24 earnings of $8.2 billion, with no identified items affecting the results. For 2Q24, Exxon Mobil anticipates changes in market dynamics such as liquid and gas prices, industry margins, and timing effects to impact earnings. Additionally, the report included the estimated effects of the recent acquisition of Pioneer Natural Resources, which is expected to contribute to production and earnings in the upstream segment. The acquisition-related performance metrics were provided for the period from May 3, 2024, to June 30, 2024. Exxon Mobil plans to release its 2Q24 financial results on August 2, 2024, via its website and an SEC filing.
Exxon Mobil Corporation, a New Jersey-incorporated energy company, filed a Form 8-K report with the United States Securities and Exchange Commission on July 8, 2024. The report provided insights into the factors expected to influence the company's financial results for the second quarter of 2024 (2Q24), compared to the first quarter (1Q24). The company reported 1Q24 earnings of $8.2 billion, with no identified items affecting the results. For 2Q24, Exxon Mobil anticipates changes in market dynamics such as liquid and gas prices, industry margins, and timing effects to impact earnings. Additionally, the report included the estimated effects of the recent acquisition of Pioneer Natural Resources, which is expected to contribute to production and earnings in the upstream segment. The acquisition-related performance metrics were provided for the period from May 3, 2024, to June 30, 2024. Exxon Mobil plans to release its 2Q24 financial results on August 2, 2024, via its website and an SEC filing.

The information provided by Futu AI is automatically generated by third-party artificial intelligence (AI) software based on news content. It is only available to users located outside of China mainland.


The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.