Exxon Mobil Corp

XOM: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$944.00	Mgkgv	Vckrpppcc

Exxon Earnings: Decline in Commodity Prices Hit Results, but Outlook Intact; Dividend Boosted 4%

Allen Good

Oct 27, 2023

Exxon's third-quarter earnings fell just slightly short of market expectations as adjusted earnings fell to $9.1 billion from $18.7 billion the year before. Earnings fell across all segments on lower oil and gas prices and weaker refining and chemical margins. Natural gas prices registered the largest declines, falling from levels well above historical ranges the year before, while chemical margins remained below historical ranges.

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