ExxonMobil Reports Results for 2Q 2020
August 01, 2020
August 01, 2020
IRVING, Texas, Aug. 1 -- ExxonMobil, an international energy company, issued the following news release:
Exxon Mobil Corporation announced an estimated second quarter 2020 loss of $1.1 billion, or $0.26 per share assuming dilution. Results included a positive noncash inventory valuation adjustment from rising commodity prices of $1.9 billion, or $0.44 per share assuming dilution. Capital and exploration expenditures were $5.3 billion, nearly $2 billion lower than first quarter refle . . .
Exxon Mobil Corporation announced an estimated second quarter 2020 loss of $1.1 billion, or $0.26 per share assuming dilution. Results included a positive noncash inventory valuation adjustment from rising commodity prices of $1.9 billion, or $0.44 per share assuming dilution. Capital and exploration expenditures were $5.3 billion, nearly $2 billion lower than first quarter refle . . .