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2016-05-03 14:45:00

EXXON NET INCOME DOWN 63%

EXXON NET INCOME DOWN 63%

Exxon Mobil Corporation (NYSE:XOM) announced estimated first quarter 2016 earnings of $1.8 billion, or $0.43 per diluted share, compared with $4.9 billion a year earlier. The impacts of sharply lower commodity prices and weaker refining margins were partly offset by strong Chemical results.

"The organization continues to respond effectively to challenging industry conditions, capturing enhancements to operational performance and creating margin uplift despite low prices," said Rex W. Tillerson, chairman and chief executive officer. "The scale and integrated nature of our cash flow provide competitive advantage and support…

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Tags: EXXON, INCOME, OIL, GAS, PRICES
Chronicle:
EXXON NET INCOME DOWN 63%
2019, November, 20, 11:36:00
Green Workplace Summit 11 December 2019
We would like to invite your organization to participate at the Green Workplace Summit which will focus on developing a healthy, energy-efficient and sustainable built environment for all, taking place on the 11 December 2019 in the Sultanate of Oman. The event is organized by be’ah and White Paper Summits.
EXXON NET INCOME DOWN 63%
2019, November, 20, 11:35:00
UAE COMMITTED TO OPEC+
Suhail bin Mohammed Faraj Faris Al Mazrouei, Minister of Energy and Industry, has re-affirmed the UAE's commitment to voluntary production adjustments under the agreement of the Organisation of Petroleum Exporting Countries and non-OPEC producers in support of the stability of the global oil market.
EXXON NET INCOME DOWN 63%
2019, November, 20, 11:30:00
GAZPROM'S PROPOSAL FOR NAFTOGAZ
In a statement, Gazprom said it had sent a letter to Naftogaz -- signed by Gazprom CEO Alexei Miller -- to "extend the existing contract or to conclude a new gas transit agreement through Ukraine for a period of one year."
EXXON NET INCOME DOWN 63%
2019, November, 20, 11:25:00
EU CLIMATE INVESTMENT $39 BLN
Next year, the EU has committed to finance projects worth 168.7 billion euros ($186.8 billion), of which 21% will go to measures to fight climate change.
EXXON NET INCOME DOWN 63%
2019, November, 20, 11:20:00
POLAND'S NUCLEAR INVESTMENT $60 BLN
Poland is seeking a foreign investor for a 49% stake in the company that will be responsible for building and operating six reactors, Piotr Naimski, a top government official in charge of strategic energy infrastructure, said
EXXON NET INCOME DOWN 63%
2019, November, 20, 11:15:00
INDIA'S COAL NEED INVESTMENT
The auctions, to be aimed at paring back India’s coal imports, are intended to attract global miners such as Glencore PLC, BHP Group, Anglo American PLC and Peabody Energy Corp.
EXXON NET INCOME DOWN 63%
2019, November, 20, 11:10:00
CHINA'S COAL CAPACITY UP
China also has another 121.3 GW of coal-fired power plants under construction, U.S.-based research network Global Energy Monitor said in its report, nearly enough to power the whole of France.
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