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Exxon misses 2Q profit forecasts
2015-07-31 16:24:15| Energy - Topix.net
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Exxon profit falls by half but production rises
2015-07-31 16:03:40| Oil & Gas - Topix.net
Exxon Mobil Corp. profit dropped by half in the second quarter on sharply lower oil and gas prices around the world, but the company's oil and gas production, which has been generally declining in recent years, surged. The company posted net income for the second quarter of $4.19 billion, down 52 percent from $8.78 billion in the second quarter of last year.
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Weak oil prices hit Exxon and Chevron
2015-07-31 16:00:43| BBC News | Business | UK Edition
Two of the US's biggest companies report sharply lower quarterly results because of falling oil prices.
Exxon Mobil posts 2Q profit of $4.19 billion, result misses forecasts
2015-07-31 15:44:15| Chemicals - Topix.net
The results fell short of Wall Street expectations, but Exxon does not adjust its reported results based on one-time events such as asset sales. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $1.11 per share.
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Decision On Exxon Mobil-New Jersey Settlement Weeks Away
2015-07-30 21:23:35| Chemicals - Topix.net
A judge is weeks away from deciding whether to allow a disputed environmental contamination settlement between New Jersey and Exxon Mobil Corp., he said Thursday during a hearing on the deal. Judge Michael Hogan said he expects to rule no sooner than late August on whether to accept the $225 million deal struck by the company and the administration of Gov. Chris Christie following 11 years of litigation over pollution caused by the company, particularly at sites in Linden and Bayonne.
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