ExxonMobil Expects $900M Profit Increase
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global oil benchmark priceThe Motley Fool
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Business & Economics
ExxonMobil Expects to Report a Profit Gusher in Q1. Can It Repeat That Feat With Crude Prices Falling?

71% Informative
ExxonMobil expects to report a roughly $900 million increase in its quarterly profit in the first quarter .
The oil giant benefited from higher oil and natural gas prices and improving oil refining margins.
However, the company's long-term earnings outlook is bright.
Oil prices will have a meaningful impact on Exxon 's earnings in the near term.
The company is investing heavily to grow its lowest-cost assets and cut costs.
Can It Repeat That Feat With Crude Prices Falling ? was originally published by The Motley Fool .
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