secwatch.observer — SEC 8-K summary
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Issuer:     EXXON MOBIL CORP (XOM)
CIK:        0000034088
Form:       8-K
Filed at:   2024-10-03T23:59:59+00:00
Accession:  0000034088-24-000059
Event type: earnings
Sentiment:  negative
Materiality: 0.60
Item codes: 7.01
LLM model:  deepseek-v4-flash:cloud@v2

Exxon Mobil guides lower Q3 2024 earnings vs Q2 on weaker liquids and margins
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- 2Q24 GAAP earnings were $9.2B; Upstream segment earned $7.1B.
- Lower liquids prices seen cutting Upstream earnings by ~$1.0B in Q3.
- Industry margin weakness to reduce Energy Products by $0.6B to $0.2B.
- Scheduled maintenance to cut Upstream by $0.2B to $0.0B sequentially.
- Corporate & Financing segment impact of +$0.3B to $0.7B from timing effects.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/34088/000003408824000059/0000034088-24-000059-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/34088/000003408824000059/xom-20241003.htm
  HTML page:      https://secwatch.observer/filing/0000034088-24-000059

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