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With oil prices low, refining saves the day for Exxon and Shell
2015-05-04 21:22:37| Chemicals - Topix.net
The low oil prices that have been dogging the energy industry led to dramatically lower quarterly earnings for Royal Dutch Shell and Exxon Mobil, but the two giant companies did better than analysts had expected. Profits for Shell , Europe's largest oil company, amounted to $3.2 billion, adjusted for inventory changes and one-time benefits, during the first quarter of 2015.
Exxon Mobil sees Q1 earnings fall 46 percent - but still making billions
2015-04-30 19:43:08| Chemicals - Topix.net
Tanks and towers are pictured at an ExxonMobil Chemical S.A. facility in Pasadena, Texas Wednesday, June 2, 2004. Photographer: Mike Fuentes/Bloomberg News Exxon Mobil Corp. earned $4.9 billion in the first quarter, down 46 percent from the same period in 2014, the company announced Thursday.
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Exxon Mobil reports weakest first quarter in 6 years
2015-04-30 19:43:07| Chemicals - Topix.net
Exxon earned $4.94 billion in the first quarter, a huge sum but only about half of what the company made last year. Lower oil prices depleted both Exxon's top and bottom lines.
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Exxon Mobil posts 1Q profit of $4.94 billion, result tops expectations
2015-04-30 15:32:51| Chemicals - Topix.net
The results surpassed Wall Street expectations, but Exxon does not adjust its reported results based on one-time events such as asset sales. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of 80 cents per share.
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Exxon Mobil posts 1Q profit of $4.94 billion, result tops expectations
2015-04-30 15:07:18| Oil & Gas - Topix.net
The results surpassed Wall Street expectations, but Exxon does not adjust its reported results based on one-time events such as asset sales. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of 80 cents per share.
Tags: result
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