Exxon Mobil Projects Q1 Earnings Boost Ahead

Exxon Mobil is projected to see a significant boost in its first-quarter 2025 earnings, driven by higher oil and natural gas prices and improved refining margins. The company expects its upstream earnings to rise by up to $900 million compared to the previous quarter due to increased commodity prices, while refining margins could add another $300-$700 million. Overall, Exxon anticipates a profit increase of up to $2.7 billion from the last quarter of 2024, with natural gas prices in the U.S. having jumped by 30% in the first quarter of 2025. Analysts forecast Exxon to report earnings of approximately $1.70-$1.72 per share for Q1. The company will release its earnings on May 2, 2025, and these results are closely watched as an indicator of the broader energy sector's performance.