Exxon Mobil Stock Is Well Worth Watching Ahead of Q4 Earnings

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.