ExxonMobil: Q3 EPS down 14%
(CercleFinance.com) - ExxonMobil reports Q3 sales of $90.
01bn, down less than 1% y-o-y. NB pmt +1.7%.
Q3 net income (group share) came to $8.61bn, down 5%, with EPS of $1.92, down 14%.
ExxonMobil CEO Darren Woods reports that the company has achieved $11.3bn in structural savings since 2019.
Our strategy offers shareholders a leading 20% return this year, and we are continuing this growth with a 4% increase in our quarterly dividend announced today, it says.
Cumulative YTD profits stand at $26.1bn, compared with $28.4bn for the same period last year.
According to Exxon, this decline is due to lower industry refining margins and natural gas prices compared with last year's historically high levels.
Copyright (c) 2024 CercleFinance.com. All rights reserved.
01bn, down less than 1% y-o-y. NB pmt +1.7%.
Q3 net income (group share) came to $8.61bn, down 5%, with EPS of $1.92, down 14%.
ExxonMobil CEO Darren Woods reports that the company has achieved $11.3bn in structural savings since 2019.
Our strategy offers shareholders a leading 20% return this year, and we are continuing this growth with a 4% increase in our quarterly dividend announced today, it says.
Cumulative YTD profits stand at $26.1bn, compared with $28.4bn for the same period last year.
According to Exxon, this decline is due to lower industry refining margins and natural gas prices compared with last year's historically high levels.
Copyright (c) 2024 CercleFinance.com. All rights reserved.