Tag Archives: ExxonMobil

ExxonMobil Reports Its First Quarterly Loss Since 1999

[ad_1] ExxonMobil (NYSE: XOM) reported a surprise first-quarter loss on Friday as a result of strong writedowns amid falling oil prices, recording its first quarterly loss since the Exxon and Mobil merger in 1999. Exxon posted a loss of $ 610 million for the first quarter of 2020, compared to …

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