EXXONMOBIL’s quarterly results for the period ending December 31 were in line with many of the supermajors with profit and revenue down the as low prices hit the sector.
Bleak quarter for supermajor
Goldman Sachs downgraded the company to ‘sell'. Production was up slightly but revenue down 6.5% year-on-year from $71.9 billion at the end of 2018 to $67.2 billion at the end of December...
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