Spring, Texas-based Exxon Mobil Corporation (XOM) explores and produces crude oil and natural gas. With a market cap of $497.5 billion, the company provides exploration and production of integrated fuels, lubricants, chemicals, and refined products for the automotive, trucking, aviation, and shipping industries to reduce greenhouse gas emissions. The oil giant is expected to announce its fiscal second-quarter earnings for 2025 before the market opens on Friday, Aug. 1.
Ahead of the event, analysts expect XOM to report a profit of $1.44 per share on a diluted basis, down 32.7% from $2.14 per share in the year-ago quarter. The company has consistently surpassed Wall Street’s EPS estimates in its last four quarterly reports.
