Exxon Mobil misses earnings expectations
Exxon Mobil missed analysts expectations on second-quarter earnings, although revenue was a slight beat as the company's production and refinery throughput declined.
Exxon earned 92 cents per share in the second quarter on revenue of $73.5 billion. Analysts polled by Thomson Reuters had expected earnings of $1.27 a share on revenue of $72.59 billion.
The company's quarterly oil-equivalent production was 3.6 million barrels per day, down 7% from the second quarter of 2017.