ExxonMobil recorded a Q1 net income of USD 4.6 billion, a figure 44% lower than the previous quarter, with earnings lower across the entire value chain and oil and gas production at its lowest for a first quarter since 1999. The US company failed to beat its Q4 net income, however the Q1 net income was 15% higher than the same period a year earlier. Like its competitors, Exxon attributed the gains to an improved pricing environment, however the company’s production did not swell like most of its rivals.
展开▼
