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ExxonMobil: EPS down 13% in Q4

(CercleFinance.com) - ExxonMobil reports Q4 2024 net income adjusted for non-recurring items (non-GAAP) of $7.
4bn, or $1.67 per share, EPS down 13% sequentially, alhough ahead of consensus. NB pmt +0.4%.

The energy group generated cash flow from operating activities of $12.2bn and free cash flow of $8bn, despite capital and exploration expenditures of $7.5bn.

For the full year, ExxonMobil saw adjusted EPS decline by nearly 18% to $7.79, due to lower refining margins in the industry and natural gas prices relative to historically high 2023 levels.


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