Sponsored by
Latest
Topics
Topics
Accounting & Tax
Corporate Finance
Human Capital
Risk & Compliance
Strategy
Technology
Featured
People
CFOs On the Move: Week Ending July 1
McDonald’s, Dollar Tree, GoFundMe, Stride, Otis, Intrusion, Monogram Health, Mass Luminosity
By
Lauren Muskett
| July 1, 2022
Read More
Resources
CFO Live
Sign Up
Menu
Topics
Accounting & Tax
Corporate Finance
Human Capital
Risk & Compliance
Strategy
Technology
Explore
Search
Latest
Resources
CFO Live
Sign Up
Sponsored by
Darren Woods
Strategy
Exxon to Take Record Writedown, Slash Spending
The "high-grading" of Exxon's asset base will enable it to "manage future commodity price cycles while working to maintain a reliable dividend."
By
Matthew Heller
| December 1, 2020
Read More
Financial Performance
Exxon Posts $680M Loss as Oil Slump Continues
The company disclosed that further capital spending cuts and possible writedowns of assets are ahead as it battles the pandemic-induced oil bust.
By
Matthew Heller
| October 30, 2020
Read More
Financial Performance
Exxon Posts $610M Loss Amid Oil Price Dive
“COVID-19 has significantly impacted near-term demand, resulting in oversupplied markets and unprecedented pressure on commodity prices and margins."
By
Matthew Heller
| May 1, 2020
Read More
Strategy
Exxon Cuts Spending by 30% Amid Demand Crash
Exxon's cut in 2020 capital spending is the largest any oil major has made in response to the coronavirus-driven slowdown.
By
Matthew Heller
| April 7, 2020
Read More
Financial Performance
Exxon Earnings Hit by High Maintenance Costs
The energy giant posted another earnings miss as production fell 7% and it undertook an "enormous amount of planned maintenance."
By
Matthew Heller
| July 27, 2018
Read More
Financial Performance
Exxon Shares Drop 3.7% on Another Profit Miss
In the first quarter, the benefits of higher oil prices were offset by weakness in Exxon's chemicals and refining businesses.
By
Matthew Heller
| April 27, 2018
Read More
Global Business
Exxon Earnings Double But Miss Estimates
Oil and natural gas production dropped by almost 1% in Q2, adding to the challenges facing new CEO Darren Woods.
By
Matthew Heller
| July 28, 2017
Read More
Strategy
$2B Asset Writedown Hits Exxon’s Q4 Earnings
"Financial results for the year were negatively impacted by the prolonged downturn in commodity prices and the impairment charge," CEO Darren Woods says.
By
Matthew Heller
| February 1, 2017
Read More