Exxon Mobil Corp. said Thursday it expects higher gas prices to add $700 million to $1.1 billion in the fourth quarter compared with the third quarter.
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Exxon Mobil Corp. XOM, -0.59% said Thursday it expects higher gas prices to add $700 million to $1.1 billion in the fourth quarter compared with the third quarter.
An increase in liquids prices will add $400 million to $800 million in the period, the company said in a filing with the Securities and Exchange Commission.
Changes in chemical margins will have a negative impact of $600 million to $800 million, and the estimated negative impact of non-cash impairments will be $500 million to $800 million, the company said.
Write to Jeffrey T. Lewis at [email protected]
