Sign Up
OverviewAPI
Exxon Mobil faces a drop in Q1 profits due to lower energy prices and expenses, despite a surge in cash flow driven by its operations in Guyana. The company's earnings were impacted by weaker refining margins and lower natural gas prices, with a notable increase in earnings from its chemicals business. Exxon plans to boost growth through the approved Whiptail project in Guyana and anticipates an increase in buybacks post the Pioneer acquisition.

Ask a question