ExxonMobil Expects Earnings Boost From Higher Oil, Gas Prices

Dow Jones

Apr 04, 2025

By Connor Hart

ExxonMobil expects higher oil and gas prices to boost its first-quarter earnings.

The oil company said higher liquid and gas prices could increase its upstream earnings by as much as $800 million compared with the prior quarter, according to a Thursday filing with the Securities and Exchange Commission.

The change in gas prices could raise earnings by as much as $400 million, with the change in liquid prices accounting for another lift of up to $400 million.

Timing effects, which primarily relate to unsettled derivatives, could boost upstream earnings by $100 million to $500 million, the company said.

In the fourth quarter, Exxon earned $7.6 billion, with $6.5 billion of that coming from upstream earnings.

Changes in industry margins, as well as timing effects, are expected to provide a boost to Exxon's energy products unit. However, the change in industry margins will likely ding its specialty products division.

Write to Connor Hart at connor.hart@wsj.com

(END) Dow Jones Newswires

April 03, 2025 18:02 ET (22:02 GMT)

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However, the change in industry margins will likely ding its specialty products division. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Connor Hart at connor.hart@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 03, 2025 18:02 ET (22:02 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"XOM","symbol_name":"埃克森美孚","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2524128622","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2524128622","pubTimestamp":1743717720,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"ExxonMobil expects higher oil and gas prices to boost its first-quarter earnings.The oil company said higher liquid and gas prices could increase its upstream earnings by as much as $800 million compared with the prior quarter, according to a Thursday filing with the Securities and Exchange Commission.The change in gas prices could raise earnings by as much as $400 million, with the change in liquid prices accounting for another lift of up to $400 million.Timing effects, which primarily relate to unsettled derivatives, could boost upstream earnings by $100 million to $500 million, the company said.In the fourth quarter, Exxon earned $7.6 billion, with $6.5 billion of that coming from upstream earnings.Changes in industry margins, as well as timing effects, are expected to provide a boost to Exxon's energy products unit. However, the change in industry margins will likely ding its specialty products division.","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"XOM":"埃克森美孚"},"translate_title":"埃克森美孚预计石油和天然气价格上涨将提振盈利","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"XOM":0.9},"content_text":"By Connor Hart \n\n\n \n\n\n  ExxonMobil expects higher oil and gas prices to boost its first-quarter earnings. \n\n\n  The oil company said higher liquid and gas prices could increase its upstream earnings by as much as $800 million compared with the prior quarter, according to a Thursday filing with the Securities and Exchange Commission. \n\n\n  The change in gas prices could raise earnings by as much as $400 million, with the change in liquid prices accounting for another lift of up to $400 million. \n\n\n  Timing effects, which primarily relate to unsettled derivatives, could boost upstream earnings by $100 million to $500 million, the company said. \n\n\n  In the fourth quarter, Exxon earned $7.6 billion, with $6.5 billion of that coming from upstream earnings. \n\n\n  Changes in industry margins, as well as timing effects, are expected to provide a boost to Exxon's energy products unit. However, the change in industry margins will likely ding its specialty products division. \n\n\n \n\n\n  Write to Connor Hart at connor.hart@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  April 03, 2025 18:02 ET (22:02 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}