ExxonMobil and peers beat Q2 revenue estimates by 9.7%

Earnings
โดย Yahoo Finance·US·Read original
Summary · why it matters

Diversified upstream E&P stocks delivered a strong second quarter, with the five companies tracked beating analysts' consensus revenue estimates by 9.7% as a group. ExxonMobil reported revenues of $116 billion, up 42.3% year over year and 6.8% above expectations, while Occidental Petroleum posted the biggest beat at 15.3% with revenues of $8.33 billion, up 57.1%. Chevron's revenues of $70.06 billion rose 56.3% and beat by 6.2%, Devon Energy's $6.89 billion was up 67.4% and beat by 10.3%, and ConocoPhillips' $19.52 billion rose 32.4% and beat by 9.6%. Share prices for the group have risen 10.9% on average since the latest earnings results.

Impact on stocks 5

Energy▲ · 3 stocks
ConocoPhillips
COP
▲ PositiveCapitalrelevance

Revenues beat estimates by 9.6% and rose 32.4% YoY.

Chevron Corp
CVX
▲ PositiveCapitalrelevance

Revenues beat by 6.2% and rose 56.3% YoY.

Carbon Removal (DAC)▲ · 1 stocks
Energy Transition & Power Demand▲ · 1 stocks
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