Exxon Mobil Q3 Earnings Impress Analysts With Record Production, Dividend Hike
Exxon Mobil Q3 Earnings Impress Analysts With Record Production, Dividend Hike
Analyst Neal Dingmann maintained a Hold rating and price target of $117.Shares of Exxon Mobil Corp (NYSE:XOM) climbed in early trading on Monday, after the company reported upbeat third-quarter earnings.
埃克森美孚公司（NYSE:XOM）的股價週一早盤上漲，此前該公司報告了樂觀的第三季度收益。
The company reported its results amid an exciting earnings season. Here are some key analyst takeaways.
該公司在令人興奮的季度業績發佈季節公佈了其業績。以下是一些主要分析師的要點。
Truist Securities On Exxon Mobil
關於埃克森美孚的 Truist證券
Analyst Neal Dingmann maintained a Hold rating and price target of $117.
分析師Neal Dingmann維持$117的持有評級和目標價。
Exxon Mobil reported its third-quarter earnings ahead of consensus estimates, with record production being driven primarily by the Permian, Dingmann said in a note. Although production was better than expected, capex spending was above consensus and pricing lower than estimates, "driven by gas realizations," he added.
埃克森美孚報告稱第三季度收益超出共識預期，首席驅動因素主要是Permian，Dingmann在一份聲明中說。儘管產量優於預期，但資本支出高於共識，價格低於預期，他補充說，"由煤氣實現驅動"。
Margins at the company's refinery business remained under pressure "due to continued strong supply and limited incremental demand for petroleum products," the analyst wrote. He further stated that the company repurchased $5.5 billion in shares during the quarter, up from last quarter's $5.3 billion, while raising its base dividend to 99 cents per share.
該公司煉油業務的利潤保持下行壓力，"受持續強勁供應和對石油產品的有限增量需求所限"，分析師寫道。他進一步表示，公司在本季度回購了$55億的股份，高於上季度的$53億，同時將基本股息提高至每股99美分。
Check out other analyst stock ratings.
查看其他分析師的股票評級。
RBC Capital Markets On Exxon Mobil
關於埃克森美孚的RBC資本市場
Analyst Biraj Borkhataria reiterated a Sector Perform rating and price target of $120.
分析師Biraj Borkhataria重申了板塊表現評級，並設置了120美元的價格目標。
Exxon Mobil reported earnings of $1.92 per share, topping consensus of $1.87 per share, "although expectations had fallen over the past month as estimates were marked-to-market for weaker macro conditions," Borkhataria said. Results from Energy products surprised to the upside, "helped by timing effects," he added.
埃克森美孚報告了每股1.92美元的收益，超過每股1.87美元的共識，「儘管預期因較弱的宏觀條件以市場預期爲基礎而在過去一個月內有所下降」，Borkhataria表示。能源產品的結果出人意料地好，「得益於時間效應，」他補充道。
The analyst stated, however, that concerns remain around weak demand for refined products globally, which could weigh on earnings into 2025. "Given trends elsewhere in the market, we certainly see the possibility for cash capex to take a step up over the medium term as XOM prosecutes growth across the upstream, downstream and on the low carbon front over the next few years," he further wrote.
然而，分析師表示，全球對精煉產品的需求疲軟依然存在擔憂，這可能會拖累到2025年的收益。「鑑於市場其他地方的趨勢，我們確實看到在中期內現金支出可能在未來幾年中取得進展，隨着XOm在上游、下游和低碳領域發展，」他進一步寫道。
Scotiabank On Exxon Mobil
關於埃克森美孚的Scotiabank
Analyst Paul Cheng reaffirmed a Sector Outperform rating and price target of $145.
分析師Paul Cheng重申了板塊優異評級，並設置了145美元的價格目標。
Exxon Mobil reported earnings and cash flows of $1.92 per share and $3.41 per share, beating consensus of $1.87 and $3.36, respectively, Cheng said. While Upstream and Chemicals delivered an in-line performance, Energy Products generated $0.3 billion more and Specialty Products $0.1 billion below the midpoint of estimates, he added.
埃克森美孚報告了每股1.92美元、每股3.41美元的收益和現金流，擊敗了分別爲1.87美元和3.36美元的共識，Cheng表示。儘管上游和化學品的表現符合預期，但能源產品超出了3億美元，特種產品低於預估中位數1億美元，他補充道。
Seasonal scheduled maintenance is expected to adversely impact upstream volumes by 30 mboe/d (thousand barrels of oil equivalent per day) in the fourth quarter, the analyst stated. The company's capex is estimated to reach $28 billion in 2024.
分析師表示，季節性計劃維護預計將在第四季度對上游產量造成每日30千桶油當量（千桶石油當量每日）的不利影響。公司預計2024年的資本支出將達到280億美元。
XOM Price Action: Shares of Exxon Mobil were up 3% to $118.60 at the time of publication on Monday.
XOm價格走勢：埃克森美孚的股價在週一出版時上漲了3%，至118.60美元。
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Photo: Shutterstock
Photo: shutterstock
譯文內容由第三人軟體翻譯。
