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Exxon beats earnings estimates, increases fourth-quarter dividend - TL;DR CNBC

Exxon beats earnings estimates, increases fourth-quarter dividend

Publishing timestamp: 2024-11-01 11:21:22


Summary

Exxon Mobil beat Wall Street's earnings expectations in the third quarter, with profits slightly lower than the year ago period. The company returned $9.8 billion to shareholders and increased its dividend. CEO Darren Woods highlighted record volumes from advantaged assets like Guyana and Permian. Exxon's stock rose modestly in morning trading.


Sentiment: POSITIVE

Tickers: XOM

Keywords: business newsearningsenergydividendsbreaking news: marketsmarketsexxon mobil corp

Source: https://www.cnbc.com/2024/11/01/exxon-xom-earnings-q3-2024.html


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