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ExxonMobil misses second quarter profit estimates despite hitting four-year high

ExxonMobil misses second quarter profit estimates despite hitting four-year high

By Sheila Dang HOUSTON, July 31 (Reuters) - ExxonMobil missed Wall Street estimates for second-quarter profit on Friday, even as high oil prices and improved refining margins brought by the Iran war led to its biggest quarterly profit in four years.
Reuters Reuters
ExxonMobil quarterly profit hits four-year high but misses analyst estimates

ExxonMobil quarterly profit hits four-year high but misses analyst estimates

By Sheila Dang HOUSTON, July 31 (Reuters) - ExxonMobil missed Wall Street estimates for second-quarter profit on Friday, despite notching its biggest quarterly profit in four years amid higher oil prices and improved refining margins driven by the ongoing U.S.-Israeli war with Iran.
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Royal Bank of Canada Increases Stake in Diamondback Energy, Impacting Market Position

Royal Bank of Canada Increases Stake in Diamondback Energy, Impacting Market Position

Royal Bank of Canada Increases Stake in Diamondback Energy, Impacting Market Position
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ExxonMobil Reports Strong Second-Quarter 2026 Earnings Amid Market Volatility

ExxonMobil Reports Strong Second-Quarter 2026 Earnings Amid Market Volatility

ExxonMobil Reports Strong Second-Quarter 2026 Earnings Amid Market Volatility
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Exxon Mobil's Strategic Moves Ahead of Earnings Report

Exxon Mobil's Strategic Moves Ahead of Earnings Report

Exxon Mobil's Strategic Moves Ahead of Earnings Report
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Sei Investments Co. Increases Stake in Diamondback Energy, Reflecting Positive Market Sentiment

Sei Investments Co. Increases Stake in Diamondback Energy, Reflecting Positive Market Sentiment

Sei Investments Co. Increases Stake in Diamondback Energy, Reflecting Positive Market Sentiment
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ExxonMobil's Stock Surge Amid Rising Oil Prices and Geopolitical Tensions

ExxonMobil's Stock Surge Amid Rising Oil Prices and Geopolitical Tensions

ExxonMobil's Stock Surge Amid Rising Oil Prices and Geopolitical Tensions
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Talon Private Wealth LLC Invests $1.99 Million in Diamondback Energy

Talon Private Wealth LLC Invests $1.99 Million in Diamondback Energy

Talon Private Wealth LLC Invests $1.99 Million in Diamondback Energy
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Encore Global Management LP Acquires New Stake in Diamondback Energy

Encore Global Management LP Acquires New Stake in Diamondback Energy

Encore Global Management LP Acquires New Stake in Diamondback Energy
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Readystate Asset Management LP Acquires Stake in Diamondback Energy

Readystate Asset Management LP Acquires Stake in Diamondback Energy

Readystate Asset Management LP Acquires Stake in Diamondback Energy
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ExxonMobil Anticipates Strong Q2 Earnings Amid Higher Oil Prices and Production Growth

ExxonMobil Anticipates Strong Q2 Earnings Amid Higher Oil Prices and Production Growth

ExxonMobil Anticipates Strong Q2 Earnings Amid Higher Oil Prices and Production Growth
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Encore Global Management Invests in Occidental Petroleum Amid Market Dynamics

Encore Global Management Invests in Occidental Petroleum Amid Market Dynamics

Encore Global Management Invests in Occidental Petroleum Amid Market Dynamics