Exxon Mobil details items that will impact Q1 results; changes in gas prices negatively impacting Q1 upstream earnings by $0.2-0.6 bln
- Co provided estimated effects of market factors impacting 4Q23 adjusted upstream earnings compared to the $6.3 bln registered in 4Q23:
- Change in liquids prices: $(0.4)-$0.0 bln.
- Change in gas prices: $(0.6)-(0.2) bln.
- Change in timing effects primarily related to unsettled derivatives (mark-to-market) and other earnings impacts: $(0.2)-0.2 bln.
- Change in scheduled maintenance: $(0.1)-0.1 bln.
- Absence of year-end inventory effects: $0.3 bln.