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Benzinga
Benzinga
Business
Lekha Gupta

Exxon Mobil Misses Profit Mark After Refinery Maintenance Blunts Oil Price Windfall

Channahon,,Illinois,,Usa-,June,7,2022:,Exxonmobil,Joliet,Refinery

Exxon Mobil Corp. (NYSE:XOM) stock edged lower in Friday’s premarket session after the oil major reported mixed second-quarter results, with revenue topping Wall Street estimates.

Adjusted earnings increased to $14.7 billion, or $3.52 per share, from $8.8 billion, or $2.09 per share, in the first quarter of 2026, but missed analysts’ estimate of $3.60 per share.

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