Exxon Mobil prognostiziert für das zweite Quartal einen Gewinnsprung von rund fünf Milliarden Dollar, getrieben durch höhere Ölpreise infolge des Iran-Krieges und verbesserte Raffineriemargen. Analysten erwarten einen bereinigten Gewinn von 15,7 Milliarden Dollar.
97% of Dell Technologies shareholders approved relocating the company's legal base from Delaware to Texas, aligning with its headquarters and largest US employee base.
Dell Technologies shareholders approved moving the company's legal base from Delaware to Texas with 97% approval, aligning its legal home with its Austin headquarters and largest employee base, following similar moves by other tech and energy giants.
Exxon Mobil's low dividend yield prompts a 'buy-write with a twist' strategy for income investors, combining income generation with potential for capital appreciation.
Exxon Mobil CEO Darren Woods warned investors Friday that the market has not absorbed the full impact of unprecedented oil supply disruption from the Iran war and Strait of Hormuz closure. While prices have been mitigated by tankers in transit and strategic reserves, these sources will exhaust as the conflict continues. Oil prices will rise further if the strait remains closed, with Exxon expecting a 750,000 bpd production decline in the Middle East if the closure extends through Q2.
Exxon Mobil and Chevron reported Q1 profit declines of 46% and 37% respectively, despite oil prices reaching levels unseen since 2022. Exxon's earnings fell to $4.2B from $7.7B, while Chevron dropped to $2.2B from $3.5B. Both companies cited timing effects and Middle East supply disruptions, with Exxon saying excluding these effects it would have reported $8.8B profit. Both beat Wall Street expectations.
