Wall Street analysts forecast that Exxon Mobil (XOM) will report quarterly earnings of $1.72 per share in its upcoming release, pointing to a year-over-year decline of 16.5%. It is anticipated that revenues will amount to $84.49 billion, exhibiting an increase of 1.7% compared to the year-ago quarter.The current level reflects a downward revision of 8.2% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised th ...

Core Viewpoint - Exxon Mobil Corporation (XOM) is expected to report a decline in first-quarter 2025 earnings, with a consensus estimate of $1.72 per share, reflecting a 16.5% decrease from the previous year [1]. Earnings Expectations - The Zacks Consensus Estimate for first-quarter revenues is $84.5 billion, indicating a 1.7% increase from the year-ago figures [1]. - XOM has beaten earnings estimates in three of the last four quarters, with an average surprise of 1.8% [2]. - The company has a positive Earnings ESP of +1.62% and a Zacks Rank of 3 (Hold) [3]. Upstream Earnings and Market Conditions - XOM anticipates a sequential increase in upstream earnings for the March quarter by up to $800 million, attributed to favorable oil and gas prices [4]. - The average WTI spot prices for January, February, and March 2025 were $75.74, $71.53, and $68.24 per barrel, respectively, which are significantly above break-even prices in shale plays [4]. Energy Products Business - The Energy Products business unit is expected to see a sequential improvement of $300-$700 million due to changes in industry margins [5]. Stock Performance and Valuation - XOM's stock has decreased by 3.4% over the past year, outperforming the industry decline of 9.1% [8]. - The company's trailing 12-month EV/EBITDA ratio is 6.76, indicating it is trading at a premium compared to the industry average of 4.02 [10]. Strategic Developments - The acquisition of Pioneer Natural Resources enhances XOM's production capabilities in the Permian Basin, known for low production costs [12]. - XOM is investing in alternative energy projects, such as carbon capture and lithium battery technology, which present potential growth opportunities despite requiring substantial capital [14]. Competitor Analysis - Chevron (CVX) is also set to report first-quarter 2025 earnings on May 2, with an Earnings ESP of -5.51% [15]. - BP has reported first-quarter 2025 adjusted earnings of 53 cents per share, missing the consensus estimate and declining from the previous year's figure [16][17].

Core Viewpoint - ExxonMobil sees carbon capture and sequestration (CCS) as a significant opportunity for profitability while contributing to environmental sustainability, estimating the CCS market could reach $4 trillion by 2050 [1] Group 1: Business Developments - ExxonMobil is positioning itself as a leader in the CCS market, recently signing a deal with Calpine to transport and store up to 2 million tons of carbon dioxide annually from its Bayton Energy Center [3] - The agreement with Calpine is part of a broader strategy to provide low-carbon electricity and steam to industrial facilities, producing approximately 500 megawatts of electricity, enough for 500,000 homes [3] - Exxon has now signed six contracts for carbon dioxide transportation and sequestration, totaling 16 million tons per year, indicating growing confidence from clients across various sectors [5] Group 2: Revenue Potential - The company aims to secure 30 million tons of transportation and storage contracts by 2030, with current contracts already exceeding halfway to this goal [7] - ExxonMobil anticipates that its CCS business could generate over $10 billion in annual contractual revenue within the next five to ten years, providing stable earnings compared to its traditional oil and gas operations [9] - The company plans to invest $30 billion by 2030 in reducing emissions and providing carbon reduction solutions, estimating these initiatives could yield $2 billion in earnings by 2030 [8] Group 3: Strategic Acquisitions - In 2023, Exxon acquired Denbury Resources for nearly $5 billion, primarily for its extensive carbon dioxide pipeline system, enhancing its CCS capabilities [6] - The integration of Calpine's facility into Exxon's existing carbon dioxide pipeline system, the largest globally, will facilitate the transportation of greenhouse gases to sequestration sites along the U.S. Gulf Coast [4] Group 4: Long-term Investment Appeal - The CCS business is viewed as a long-term growth driver for ExxonMobil, potentially extending the use of fossil fuels while stabilizing earnings volatility [10] - The recent contract with Calpine reinforces the attractiveness of Exxon's CCS business as a lucrative venture, enhancing its long-term investment appeal [10]

Group 1 - The Daily Drilling Report is an investment group focused on providing analysis for the oil and gas industry, featuring a model portfolio that encompasses all segments of upstream oilfield activity with weekly updates [1] - The group offers investment ideas for both U.S. and international energy companies, covering a range from shale to deepwater drillers [1] - Technical analysis is utilized to identify catalysts within the oil and gas sector [1] Group 2 - Fluidsdoc is an international oil industry veteran with 40 years of experience, having worked across six continents and over twenty countries, specializing in the upstream oilpatch [2]

Investors interested in stocks from the Oil and Gas - Integrated - International sector have probably already heard of OMV AG (OMVKY) and Exxon Mobil (XOM) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look.Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The Zacks Rank is a proven strat ...

Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Exxon Mobil (XOM) , which belongs to the Zacks Oil and Gas - Integrated - International industry.This oil and natural gas company has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 4.13%.For the last reported quarter, Exxon came out w ...

Exxon Mobil Corporation (XOM) is moving closer to expanding its oil output in Guyana, as its fourth floating production storage and offloading (FPSO) vessel, One Guyana, begins the installation process offshore. This initiative, confirmed by Guyana’s maritime authority earlier this week, marks a significant step toward the rapid development of the country’s prolific Stabroek Block.Built by SBM Offshore, the One Guyana FPSO has a production capacity of 250,000 barrels per day. It departed Singapore in mid-Fe ...

Exxon Mobil Corporation (XOM) , the U.S. oil and gas giant, has failed to find commercially feasible natural gas reserves at an exploratory well, namely Elektra-1, which was drilled offshore Cyprus earlier this year. Earlier, XOM had mentioned that it collected extensive three-dimensional (3D) seismic data and discovered several large prospects offshore Cyprus, including the Electra prospect. Based on the evaluation of the seismic data, the company stated that the Electra prospect was promising.Elektra-1 Fa ...

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Exxon Mobil (XOM) .Exxon currently has an average brokerage recom ...

ExxonMobil stock's potential cash flow and dividend growth make it a buy.The S&P 500 may have logged its worst quarter since 2022 in the first three months of 2025 with its 4.6% drop, but shares of ExxonMobil (XOM 0.24%) defied the odds and returned 10.6% in Q1 this year, according to data provided by S&P Global Market Intelligence.ExxonMobil delivered solid numbers for 2024, generated billions of dollars in cash flows, increased its dividend for the 42nd consecutive year, and laid out plans to grow its ear ...