Exxon Looks to Future as Earnings Tumble

摘要

Exxon Mobil reported its poorest quarterly financial results in almost six years Thursday, but executives chose to focus on projects that reached completion during the second quarter and those that will come on line later in the year that they expect to contribute to better results in the future. "Clearly we are in a different place than we were a year ago when oil prices topped $140," Ken Cohen, the company's vice president of public affairs told reporters during a conference call. "Exxon Mobil is built to manage the ups and downs of the volatile economic cycles."