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Exxon Mobil: Slow But Steady, Value Erosion Is Underway

2015-01-21 12:10:08| Chemicals - Topix.net

Despite $100 oil and much higher capital spending, Exxon's oil production has continued to decline at a high rate. When measured on a free cash flow basis, after adjusting for production declines, financial returns over the past five years were poor and the outlook remains bleak.

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Category:Chemicals

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