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 $446.1 billion by market cap, Exxon operates through Upstream, Energy Products, Chemical Products, and Specialty Products segments.
The energy giant is set to release its first-quarter results before the markets open on Friday, May 2. Ahead of the event, analysts expect Exxon to deliver a non-GAAP profit of $1.69 per share, down nearly 18% from $2.06 per share reported in the year-ago quarter. While the company has missed Street’s bottom-line estimates once over the past four quarters, it has surpassed the projections on three other occasions.
