Exxon Mobil Shatters Expectations with Record Earnings & Impressive Revenue Despite Falling Forecasts
Exxon Mobil has reported positive results in its first-quarter earnings, surpassing market expectations, despite lower prices negatively impacting revenue. The company’s net income more than doubled to $11.43 billion, equivalent to $2.79 per share, as it continues to ramp up production in the Permian Basin, despite the environmental cost. Although Exxon Mobil’s stock slipped 0.2% […]