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ExxonMobil Expecting $2.3B Loss for Q2 2020

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   |    Friday,July 03,2020

ExxonMobil has reported its preliminary results for Q2 2020 in its latest 8-K filed with the SEC.

In it, the company notes it expects to its second quarterly loss in a row for Q2 (the company also reported a loss in Q1 2020).

For Q2, Exxon estimates a loss of $2.3 billion, an increase of 277% (or $1.69 billion) from its Q1 2020 loss of $610 million.

 

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