Meantime, we do have Exxon Mobil earnings at the company
earned $2.06 a share for the first quarter.
That was below what the Street was looking for.
The consensus estimate was $2.20.
Revenue did come in above expectations,
83.1 billion versus the 78.3 billion the Street had been
expecting,
but you can see the stock selling off on this
down by about 2%.
Again, these are quick reactions to these things.
Exxon goes into this and says that they had quarterly
gross production of more than 600,000 oil equivalent barrels per
day in Guyana.
That is the huge new.
New find. It's been the exciting one.
It's been the one that Chevron and Exxon are kind
of going back and forth over again.
We heard already from Mike Worth saying he hopes that
the dispute between them will have resolution in the next
5 to 6 months.
We're going to be speaking with the ExxonMobil CEO,
Chairman and CEO Darren Woods.
He'll be joining us right here on Squawk Box in
an exclusive interview coming up at 7:30 AM Eastern Time.
We'll talk more about what we see in the numbers
with him and then a lot of other things out
there too,
including where he sees oil prices headed and what he
thinks.
This dispute with Chevron.