other material
confidence high
sentiment neutral
materiality 0.50
Exxon Mobil provides 1Q25 earnings considerations; estimates range for key drivers versus Q4
EXXON MOBIL CORP
- 4Q24 GAAP earnings $7.6B; excluding identified items $7.4B.
- Upstream: liquids price effect $0.0-$0.4B; gas price effect $0.0-$0.4B vs 4Q24.
- Energy Products margins to improve $0.3-$0.7B; Chemical margins -$0.1 to +$0.1B.
- Timing effects (derivatives) estimated $0.1-$0.5B in Upstream and Energy Products.
- Fewer days in 1Q25 vs 4Q24 expected to reduce earnings by $0.3-$0.1B Upstream, $0.2-$0.0B Energy Products.