Thursday, May 1, 2008

Exxon Mobil has Disappointing Quarter?


I know that I can sometimes sound pessimistic, seemingly able to find the dark cloud around the silver lining. But even I couldn't have dreamed up a negative headline for ExxonMobil's most recent flabbergastingly huge profit for a quarter.

[Excerpt]

Exxon Mobil slips on disappointing first quarter

US oil giant Exxon Mobil posted the smallest earnings increase among the world's top three oil companies, falling short of analyst estimates as production dropped and profit margins from refining narrowed.

Exxon's shares slipped 2.5pc to $90.77 in trading before US stock exchanges opened after the company said first-quarter profits rose to $10.9bn, from $9.28bn, a year earlier. . .

Read more at: Telegraph.uk

No comments:

Post a Comment

Have something to say to us? Post it here!

Related Posts Plugin for WordPress, Blogger...