Exxon Mobil Sees Gas Prices Adding $700 Million to $1.1 Billion to 4Q Earnings
30 Dicembre 2021 - 11:22PM
Dow Jones News
By Jeffrey T. Lewis
Exxon Mobil Corp. said Thursday it expects higher gas prices to
add $700 million to $1.1 billion in the fourth quarter compared
with the third quarter.
An increase in liquids prices will add $400 million to $800
million in the period, the company said in a filing with the
Securities and Exchange Commission.
Changes in chemical margins will have a negative impact of $600
million to $800 million, and the estimated negative impact of
non-cash impairments will be $500 million to $800 million, the
company said.
Write to Jeffrey T. Lewis at jeffrey.lewis@wsj.com
(END) Dow Jones Newswires
December 30, 2021 17:07 ET (22:07 GMT)
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