Latest News and Analysis
Deals and Transactions
Track Drilling (Rigs by operator) | Completions (Frac Spreads)

Quarterly / Earnings Reports | Second Quarter (2Q) Update | Financial Results | Capital Markets

Despite Earnings Increasing 100% YOY, Exxon Falls Short of Expectations

emailEmail    |    printPrint    |    bookmarkBookmark
   |    Friday,July 28,2017

Exxon reported its Q2 2017 financial results, including earnings of $3.4 billion (up +100% from $1.7 billion in Q2 2016).

Despite doubling its earnings, the company still fell short of expectations. Upstream volumes declined 1 percent to 3.9 MMBOEPD compared with a year ago largely due to lower entitlements. Also, capital and exploration expenditures were $8.1 billion, down 21 percent from 2016.



Related Categories :

Second Quarter (2Q) Update   

More    Second Quarter (2Q) Update News

International News >>>


United States News >>>