Should You Buy, Hold, or Sell ExxonMobil (XOM) Post Q2 Update?
XOMExxonMobil(XOM) ZACKS·2024-07-10 22:01

Exxon Mobil Corporation (XOM) recently made a Form 8-K disclosure, stating that soft natural gas prices — resulting from reduced demand and surplus inventories — are expected to have negatively impacted its second-quarter 2024 earnings. Additionally, its announcement regarding diminished refining margins exacerbates apprehensions about second-quarter earnings performance.  The critical question now facing investors is how to strategically position themselves regarding the stock. Before addressing this, let' ...