Apr 26, 2024, 9:37 PM
Apr 26, 2024, 10:30 AM

Exxon Mobil's Earnings Disappoint Due to Lower Oil Refining Margins

Highlights
  • Exxon Mobil and Chevron report lower first-quarter earnings compared to last year.
  • Both companies beat Wall Street revenue expectations, but face challenges from lower oil refining margins and gas prices.
  • Exxon Mobil's future growth potential lies in upcoming projects in Guyana and the Permian Basin.

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