The company sees change in Liquids (oil) prices negatively impact Q2 earnings by negative $1.2B to $0.8B and change in gas prices impact Q2 earnings by negative $0.7B to $0.3B. In a regulatory filing, Exxon Mobil (XOM) stated: “To give perspective regarding market and planned factors affecting 2Q 2025 results, we are providing the following summary of items management believes will impact 2Q 2025 results relative to 1Q 2025 results. These factors are generally limited to significant planned activities, market dynamics, and seasonal demand patterns. This is only intended to provide information regarding current estimates of these factors. It is not comprehensive of all changes between 1Q 2025 and 2Q 2025 results and is not an estimate of 2Q 2025 earnings for the Corporation.”
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