ExxonMobil’s Golden Pass LNG project receives a three-year extension after its lead contractor, Zachry Holdings, filed for bankruptcy. This news comes as ExxonMobil reports strong exploration success and anticipates reduced third-quarter upstream earnings. The article analyzes ExxonMobil’s stock prospects for 2024, highlighting the use of technical indicators like moving averages and trend lines to forecast future price movements.
Hexcel Corporation (HXL) is set to release its third-quarter earnings after the market closes on Monday, October 21st. Analysts anticipate strong earnings growth compared to the previous year, but recent analyst ratings suggest a mixed outlook for the stock. This article delves into the key earnings estimates, recent analyst actions, and what investors should consider before HXL’s earnings release.
Quanex Building Products exceeded both earnings and revenue expectations for the recent quarter, but its stock performance remains uncertain. While the company’s earnings outlook is mixed, its Zacks Rank of #3 (Hold) suggests future performance will be in line with the market. The industry outlook, however, could impact Quanex’s future performance.
