Exxon earnings beat estimates despite low oil prices

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ExxonMobil on Friday posted fourth-quarter earnings that beat Wall Street estimates, despite oil prices booking the biggest annual loss in years due to oversupply. Exxon shares fell more than 1% in premarket trading. Here is what the oil company reported for the fourth quarter compared with what Wall Street was expecting, based on a survey of analysts by LSEG: In the fourth quarter, Exxon reported net income of $6.5 billion, or $1.53 per share, a decline of 14.6% from $7.61 billion, or $1.72

Exxon earnings beat estimates despite low oil prices https://www.cnbc.com - 30.01.2026 14:27

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Exxon earnings beat estimates despite low oil prices https://www.cnbc.com - 30.01.2026 14:27