Home › Exxon Mobil Posts Loss, $3 Billion Writedown on Oil Price Plunge
 

Keywords :   


Exxon Mobil Posts Loss, $3 Billion Writedown on Oil Price Plunge

2020-05-01 15:15:28| OGI

Exxon Mobil Corp. on May 1 joined a parade of oil companies posting downbeat results on plunging oil demand and collapsing prices, reporting a $610 million first-quarter loss after a nearly $3 billion inventory writedown.

Tags: price posts loss oil

Category:Industrial Goods and Services

Latest from this category

All news
06.02Data Summary for the Nine Months Ended December 31, 2025
06.02Notice Regarding Disclosure of Financial Results Concerning Delisted Subsidiary (Daido Kogyo Co., Ltd.)
06.02Consolidated Financial Results for the Nine Months Ended December 31, 2025
Industrial Goods and Services »
14.02This Week in Agribusiness, February 14, 2026
14.02This Week in Agribusiness, February 14, 2026
14.02Rising vet costs leave charity with 400k bill
14.02Is dining out dying out?
13.02Heathrow not crowded but people walk in 'wrong place', says boss
13.02Amazon's Ring ends deal with surveillance firm after backlash
13.02Andrew facing claim he shared Treasury document with banking contact
13.02Head of Dubai-based ports giant quits after Epstein links revealed
More »