Exxon

Exxon Posts $680M Loss as Oil Slump Continues
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
Exxon Earnings Hit by High Maintenance Costs
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
Is Exxon Riding Slowly into the Sunset?
Investor Relations

Is Exxon Riding Slowly into the Sunset?

If oil prices remain at current levels, at some point bond investors may no longer be willing to support the shrinking enterprise.
By Vitaliy Katsenelson | May 17, 2018
Read More
Exxon Earnings Double But Miss Estimates
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
$2B Asset Writedown Hits Exxon’s Q4 Earnings
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
Exxon Loses AAA Credit Rating From S&P
Credit

Exxon Loses AAA Credit Rating From S&P

A rising debt level and dividends exceeding internally generated cash flow caused the downgrade.
By Matthew Heller | April 26, 2016
Read More
Tax Rates: the Haves and Have Nots
Tax

Tax Rates: the Haves and Have Nots

Comparing corporate tax rates can be hard, given all the tax terminology that's out there. But a new study reveals what real rates companies are paying.
By Kathy Hoffelder | April 17, 2013
Read More