The company sees change in Liquids (oil) prices negatively impact Q4 earnings by $0.9B to $0.5B and change in gas prices impact Q3 earnings by $0 to positive $0.4B. In a regulatory filing, Exxon Mobil (XOM) stated: “To give perspective regarding market and planned factors affecting 4Q 2024 results, we are providing the following summary of items management believes will impact 4Q 2024 results relative to 3Q 2024 results. These factors are generally limited to significant planned activities, market dynamics, and seasonal demand patterns. This is only intended to provide information regarding current estimates of these factors. It is not comprehensive of all changes between 3Q 2024 and 4Q 2024 results and is not an estimate of 4Q 2024 earnings for the Corporation.”
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