Exxon Mobil Stock Is Well Worth Watching Ahead of Q4 Earnings
- Date: 29-Jan-2022
- Source: Yahoo News
- Sector:Financial Markets
- Country:Gulf
Exxon Mobil Stock Is Well Worth Watching Ahead of Q4 Earnings
Exxon Mobil will see its earnings rise by multi-fold in the fourth quarter thanks to higher energy prices and a waning pandemic that helped it bounce back after a tough period in 2020.
The Irving Texas-based company is expected to report its fourth-quarter earnings of $1.73 per share, which represents year-over-year growth of over 5,666%, up from $0.03 per share seen in the same period a year ago.
The U.S. largest publicly traded oil company is expected to report a 97.3% increase in revenue to $91.845 billion from $46.54 billion a year ago.