Exxon Mobil Corp
XOM: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$859.00 | Cbxjvng | Lmnhjdng |
Exxon Earnings: Ignore Earnings Shortfall as Long-term Growth and Improvement on Track
Exxon's first-quarter adjusted earnings fell to $8.2 billion from $11.6 billion the year before, falling slightly short of market expectations. The decline was largely attributable to lower gas prices and narrower refining margins, both of which fell back toward historical averages from highs last year.