Exxon Mobil profit disappoints Wall Street, Chevron shines
Exxon Mobil Corp (XOM.N) posted a rare earnings miss on Friday, the only international oil producer to do so last quarter, as production slipped in its African and Canadian operations. Exxon’s results were overshadowed by rival Chevron Corp (CVX.N), which easily exceeded Wall Street’s expectations with a double-digit percentage increase in production. Royal Dutch Shell Plc (RDSa.L), Total SA (TOTF.PA) and Statoil ASA (STL.OL) this week delivered profits that topped expectations also.
Source:: https://finance.yahoo.com/news/exxon-mobil-profit-disappoints-wall-180940538.html
