Exxon Mobil Record First Quarter Profits with Higher Production in Guyana and Permian

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  • #57565
    ThePitBoss
    Participant

    Energy giant ExxonMobil, the largest U.S. oil company, reported better than expected first-quarter earnings Friday. XOM produced more oil to overcome
    [See the full post at: Exxon Mobil Record First Quarter Profits with Higher Production in Guyana and Permian]

    #57699
    Truman
    Participant

    Following earning Exxon has been downgraded to Buy from Neutral at Goldman Sachs
    $XOM 116.31, -2.03, -1.7%

    #58974
    TradersCom
    Keymaster

    Exxon Mobil also on Monday agreed to a $375 million sale of assets in the Bakken Shale of North Dakota to Chord Energy, the shale company that had emerged from the tie-up of Whiting Petroleum and Oasis Petroleum. Exxon held on to other Bakken assets worth billions.

    #58975
    TradersCom
    Keymaster

    $CHRD 149.06+2.09 (+1.42%)
    $XOM 106.11-0.15 (-0.14%)

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