Exxon Mobil: Q4 Earnings Insights

Shares of Exxon Mobil XOM moved higher by 1.4% in pre-market trading after the company reported Q4 results.

Quarterly Results

Earnings per share fell 92.68% over the past year to $0.03, which beat the estimate of $0.01.

Revenue of $46,540,000,000 decreased by 30.72% from the same period last year, which missed the estimate of $48,760,000,000.

Looking Ahead

Exxon Mobil hasn't issued any earnings guidance for the time being.

Exxon Mobil hasn't issued any revenue guidance for the time being.

Conference Call Details

Date: Feb 02, 2021

Time: 09:30 AM

ET Webcast URL: https://globalmeet.webcasts.com/starthere.jsp?ei=1415680&tp_key=87994a58bd

Technicals

Company's 52-week high was at $63.20

52-week low: $30.11

Price action over last quarter: Up 34.07%

Company Profile

ExxonMobil is an integrated oil and gas company that explores for, produces, and refines oil around the world. In 2019, it produced 2.4 million barrels of liquids and 9.4 billion cubic feet of natural gas per day. At the end of 2019, reserves were 22.4 billion barrels of oil equivalent (including 3.8 billion for equity companies), 65% of which are liquids. The company is the world's largest refiner with a total global refining capacity of 4.7 million barrels of oil per day and one of the world's largest manufacturers of commodity and specialty chemicals. It operates its business divisions in North and South America, Europe, the Middle East, North and sub-Saharan Africa, and Asia-Pacific.