Exxon Mobil Misses Profit Mark After Refinery Maintenance Blunts Oil Price Windfall
Exxon Mobil (XOM) Q2 revenue tops estimates at $116B, though Q2 EPS misses consensus. Upstream production hits a 20-year high.
Exxon made tons of money ($116 billion), but made less profit than expected because fixing their oil factories cost a lot. When you see a company miss profit goals, watch whether it's a quick fix or a bigger problem.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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