Exxon Mobil (XOM) Forecasts Lower Q4 Earnings Amid Oil Market Volatility
Exxon Mobil Corporation (XOM) has issued a weaker-than-expected Q4 2025 earnings forecast, citing a $1.2 billion potential reduction in upstream earnings due to declining global crude prices. Regulatory constraints and geopolitical tensions further cloud the outlook for the energy giant.
Wall Street remains optimistic about oil stocks despite Exxon's warning. The U.S. intervention in Venezuela, which resulted in the seizure of Venezuelan oil assets, has buoyed shares of American oil companies. Exxon's stock ROSE 4% on Wednesday and 10% over the past five days, with analysts suggesting the sector may offer strong opportunities in 2026.
Oil-service firms Halliburton Co., SLB Ltd, and Baker Hughes Co. each gained over 5%, while gold and silver prices also climbed as markets reacted to the redistribution of Venezuela's commodity reserves.
