Connect with us

Hi, what are you looking for?

Investing

Exxon stock drops after energy giant says that nat gas prices likely to be a drag on Q2 profits

Exxon Mobil Corp. XOM said late Wednesday it expects lower natural-gas prices to dial down its second-quarter profits for its upstream, or exploration and production, business. Changes in gas prices are expected to shave off between $2.2 billion and $1.8 billion from the quarterly results, Exxon says. Scheduled maintenance and lower seasonal gas demand are also drags, the energy giant said. Exxon has not set a firm date for its second-quarter results but is seen reporting in late July or early August. Analysts polled by FactSet expect Exxon to report adjusted EPS of $2.28 a share on sales of $91.1 billion in the quarter,…

Read the full article here

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Uncategorized

Content Igt: Leader Del Settore Per Le Slot Machine Play Free Igt Cats Online Slot An Iconic Pokies Machine Le Slot Machine Online Sono...

Uncategorized

Blogs Instant commission casinos and you will bonuses Responsible Gambling You can even ban yourself away from several internet sites immediately by playing with...

Uncategorized

You will find a colossal development of the brand new discount, trading, research, as well as thousands of breakthroughs and you will inventions, and...

Uncategorized

Blogs Which are the finest online casino games? Harbors out of Las vegas – Most Reputable Internet casino to own Cellular They just need...