Exxon Expects Q2 Earnings Hit From Lower Oil and Gas Prices

Exxon expects Q2 earnings hit from lower oil and gas prices

ExxonMobil expects $1.5bn hit to Q2 earnings from lower oil and gas prices - Overpasses For America

Bloomberg. Reuters. signed new agreements with Exxon Mobil and bp for oil and gas exploration in the country. Offshore Technology, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must…

Exxon Mobil warns lower oil, gas prices could cut profit by over $1B

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.

Exxon expects $1.5 billion earnings drop from lower oil, gas prices

Oil prices reduced earnings by about $1 billion while gas contributed another $500 million hit when compared to the first quarter, ExxonMobil in a statement Monday, noting that a volatile quarter for commodity prices has weighed on second-quarter profits.

ExxonMobil expects Q2 earn drop due to lower oil and gas prices

ExxonMobil has forecasted a reduction of $1.5bn in its second-quarter earnings, due to lower oil and gas prices.

Exxon signals lower oil, gas prices could hit second-quarter profit

HOUSTON,  (Reuters) – Exxon Mobil (XOM.N), signaled yesterday that lower oil and gas prices could cut its second-quarter earnings by about US$1.5 billion from the previous quarter’s level. The article Exxon signals lower oil, gas prices could hit second-quarter profit appeared first on Stabroek News.