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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Exxon Mobil Corp | NYSE:XOM | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| -0.09 | -0.07% | 120.96 | 759 | 11:05:14 |
From Apr 2019 to Apr 2024
By Matt Grossman
Exxon Mobil Corp. said Thursday it expects changes in upstream liquids prices to help its third-quarter results by $1.4 billion to $1.8 billion.
The Irving, Texas-based energy company said in a filing with the Securities and Exchange Commission that other pricing and margin changes would drag on third-quarter results, noting that its forecasts didn't constitute a comprehensive picture of its expected third-quarter results.
Changes in downstream refining margins will hurt third-quarter results by $200 million to $600 million, Exxon Mobil said, while changes in gas prices will hurt results by $100 million to $500 million.
Changes in mark-to-market derivative impacts are likely to help improve third-quarter results by up to $400 million, Exxon Mobil said.
Write to Matt Grossman at matt.grossman@wsj.com
(END) Dow Jones Newswires
October 01, 2020 08:11 ET (12:11 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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