Spring, Texas-based Exxon Mobil Corporation (XOM) operates as the largest American oil & gas company. It engages in the exploration and production of crude oil and natural gas in the U.S. and internationally. Valued at $489 billion by market cap, Exxon operates through Upstream, Energy Products, Chemical Products, and Specialty Products segments.
The energy giant is set to release its third-quarter results before the markets open on Friday, Oct. 31. Ahead of the event, analysts expect Exxon to deliver a non-GAAP profit of $1.78 per share, down nearly 7.3% from $1.92 per share reported in the year-ago quarter. On a positive note, the company has surpassed the Street’s bottom-line estimates in each of the past four quarters.
