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Exxon Mobil first quarter profits sink to lowest level in years as energy prices fade
Exxon Mobil’s first quarter profit slumped to the lowest level in years, stung by weaker crude prices and higher costs. The oil and gas giant earned $7.71 billion, or $1.76 per share, for the three months ended March 31. It earned $8.22 billion, or $2.06 per share, in the year-ago period.
Exxon Mobil will report earnings on Friday morning amid an oil downturn that has taken the price of crude to its lowest level ...
Exxon Mobil on Friday beat Wall Street's estimate for first-quarter profit as higher oil and gas production from Guyana and ...
President Trump’s trade policies have helped to push down oil prices while raising the costs of materials for oil and gas ...
Production increased 20% to 4.55 million oil-equivalent barrels a day with a boost of 767,000 barrels attributed largely to the company’s acquisition of Pioneer Natural Resources in the past year, ...
The Paris-based International Chamber of Commerce has scheduled a hearing in Exxon Mobil's arbitration dispute over rival ...
The Texas Tribune on MSN18h
Plans advance for $10 billion Exxon plastics plant on the Texas coastOfficials at a rural school district voted on Tuesday to begin developing a tax break agreement intended to draw Exxon to ...
The results beat Wall Street expectations, but Exxon does not adjust its reported results based on one-time events such as asset sales. The average estimate of seven analysts surveyed by Zacks ...
Shares of Apple and Amazon decline as earnings from the tech giants disappoint, Block sinks after cutting guidance, and ...
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