div > div.group > p:first-child"> Here's what Wall Street expects:
Analysts will be on watch to see if Exxon can continue to increase its oil and natural gas production after the energy giant broke a streak of declining output last quarter. Wall Street thinks Exxon will report that it pumped just over 4 million barrels of oil equivalent per day, according to StreetAccount.
Last month, Exxon announced plans to hike oil and gas production from the Permian Basin by 80 percent, with a goal of pumping 1 million boe per day as soon as 2024. The Permian is the top U.S. shale oil region, stretching across western Texas and southeastern New Mexico. Exxon's refining operations have also been in focus. In recent quarters, a heavy slate of refinery maintenance has weighed on profits in the downstream segment, which processes oil into fuels like gasoline and diesel. Management warned last quarter that will likely continue in first-quarter results.This story is developing. Please check back for updates.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Exxon, Chevron first-quarter earnings expected to dip from last yearExxon Mobil and Chevron are expected to report lower quarterly earnings per shar... That just makes me soooooo sad. 🙄 May they dip into oblivion ⤵
Source: Reuters - 🏆 2. / 97 Read more »
Caterpillar is set to report earnings before the bell — here's what the Street expectsCaterpillar is reporting first-quarter earnings before the bell on Wednesday.
Source: CNBC - 🏆 12. / 72 Read more »
Here's what the Street expects from Twitter's first-quarter earningsTwitter is set to release its first quarter 2019 earnings on Tuesday.
Source: CNBC - 🏆 12. / 72 Read more »
Here's what to expect when P&G reports earnings before the market opensP&G is coming off a strong fiscal second quarter in which its bet on raising prices paid off, helping to drive sales past investors' expectations. Analysts this quarter are expecting modest sales growth of half a percent.
Source: CNBC - 🏆 12. / 72 Read more »
Here's what analysts are expecting for Comcast's first quarter 2019 earnings reportComcast is set to report earnings for its first quarter 2019 before the bell on Thursday. A lot of money Solid company Good to ER
Source: CNBC - 🏆 12. / 72 Read more »
Here's what to expect when Starbucks reports earningsThe coffee chain recently revamped its loyalty program and launched the Cloud Macchiato.
Source: CNBC - 🏆 12. / 72 Read more »
Exxon, Chevron first-quarter earnings expected to dip from last yearExxon Mobil and Chevron are expected to report lower quarterly earnings per shar... That just makes me soooooo sad. 🙄 May they dip into oblivion ⤵
Source: Reuters - 🏆 2. / 97 Read more »
Boeing earnings expected before the bell as market looks for 737 Max newsBoeing's first-quarter earnings report is expected before the market opens on Wednesday.
Source: CNBC - 🏆 12. / 72 Read more »
Amazon to report first-quarter earnings after the bellThe quarterly numbers come at a time when Amazon is experiencing slowing revenue growth but fatter profit margins.
Source: CNBC - 🏆 12. / 72 Read more »