ExxonMobil has forecast a reduction of $1.5bn in its second-quarter (Q2) earnings 2025 due to lower oil and gas prices, as reported by Bloomberg. The energy giant indicated that oil prices have negatively impacted earnings by $1bn,

The energy giant expects the earnings impact of the price drop in liquids would be between $800 million and $1.2 billion, and it sees falling natural gas prices affecting profit by $300 million to $700 million Exxon Mobil Corp.

Exxon Mobil Corp. expects lower oil and gas prices to reduce the company’s earnings by about $1.5 billion as a volatile quarter for commodity prices weighs on second-quarter profits.