Exxon Misses Earnings on Lower Production


[quote=”TradersCom” post=381]Misses come from steady market not giving the benefit of the horizontal hedging. Shale not turned on but can see the wisdom in buying those assets with Chevrons result.[/quote]

Yes when that starts producing agreed – even more so when some of the struggling medium producers are pulling back. Politically inevitable they are a target with Tillerson now SoS unfortunately.