Check out our latest industry white papers. Browse now!
Sales & Support: +1 800 762 3361
Member Resources

February 13, 2025--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--Investors had mixed reactions when four integrated supermajor oil companies reported fourth-quarter and full-year 2024 results in recent weeks. Fourth-quarter earnings beat estimates for Exxon Mobil Corporation (NYSE:XOM) (Spring, Texas), but investors sold the stock anyway when the company released results January 31. Chevron Corporation (NYSE:CVX) (Houston, Texas) increased quarterly earnings compared to year-earlier results, but investors also sold on the announcement. A near-doubling of fourth-quarter earnings at Shell plc (NYSE:SHEL) (London, England) led to an increase in stock price the day the company announced results. Investors effectively shrugged when BP plc (NYSE:BP) (London, England) reported heavy losses February 11.

Login or Register for Instant Access

Subscribe Now!

(All Fields Required)

Related Articles

Related Articles

All Members Receive the Vlauable Resources

All Members Receive the Following Resources:

  • Industry News Digest
  • Upcoming Podcasts
  • On-Demand Podcasts
  • Economic Indicators
View All Member Resources
IIR Logo Globe

Site-wide Scheduled Maintenance for April 12, 2025, between 9 A.M. - 9 P.M. CST. During this time, all services will be unavailable periodically throughout the scheduled maintenance window.

×
×

Contact Us

For More Info!