Exxon Mobil Sees Change In Industry Margins To Negatively Impact Q3 Chemical Products Earnings By $0.6B-$0.4B vs Q2
Portfolio Pulse from Bill Haddad
Exxon Mobil anticipates a negative impact on its Q3 Chemical Products earnings due to changes in industry margins. The company expects a decrease of $0.6B-$0.4B compared to Q2.
October 04, 2023 | 8:36 pm
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Exxon Mobil's Q3 earnings for Chemical Products are expected to decrease by $0.6B-$0.4B due to changes in industry margins.
The anticipated decrease in Exxon Mobil's Q3 earnings due to changes in industry margins could negatively impact the company's stock price in the short term. Investors may react to this news by selling their shares, leading to a potential decrease in the stock price.
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