Post by
Donwaan on Apr 26, 2024 10:15am
Exxon Mobil miss profit expectations
Shares of Exxon Mobil Corp. dropped Friday, after the oil and gas giant reported first-quarter profit and production that fell below forecasts, even as revenue beat expectations by a wide margin. Also weighing on the bottom-line, overall costs and other deductions increased, while revenue declined. https://www.marketwatch.com/story/exxon-mobils-stock-falls-after-profit-drops-below-expectations-as-refining-margins-and-natural-gas-prices-dropped-2b775b37?mod=home-page