Exxon Mobil signaled on Monday that lower oil and gas prices could cut its second-quarter earnings by about $1.5 billion from the previous quarter's level.

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,

Exxon Mobil (XOM) stock edged lower in extended trading on Monday after the energy firm said weak oil and gas prices could lower its second-quarter earnings by $1.5 billion. Oil prices have been pressured this year due to uncertainty over global demand,