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re: Exxon Stock....buy,hold, or sell
Posted on 4/25/13 at 7:25 am to LSURussian
Posted on 4/25/13 at 7:25 am to LSURussian
quote:
(Reuters) - Exxon Mobil Corp's (XOM.N) quarterly profit edged up, as the world's largest publicly traded oil company's results were helped by higher earnings in its chemicals business.
Profit in the first quarter was $9.5 billion, or $2.12 per share compared with $9.45 billion, or $2.00 per share a year earlier, the company reported on Thursday.
Exxon's total oil and natural gas production declined 3.5 percent from the same quarter a year ago.
2
Posted on 4/25/13 at 7:28 am to OnTheBrink
The last line of your quote is a little worrisome....
Posted on 4/25/13 at 8:48 am to OnTheBrink
quote:
Exxon's total oil and natural gas production declined 3.5 percent from the same quarter a year ago.
Oil has been on the decline for a while. NG production was probably reduced because of the NG prices.
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