ExxonMobil (XOM) Reports Q1 EPS of $0.53, reducing 2020 capital and operating spend

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Go back to ExxonMobil (XOM) Reports Q1 EPS of $0.53, reducing 2020 capital and operating spend

ExxonMobil Reports Results for First Quarter 2020

May 1, 2020 7:34 AM EDT

First quarter loss of $610 million driven by $2.9 billion noncash charge from market-related write-downs Reducing 2020 capital and operating spend to manage unprecedented market challenges Contributing to global COVID-19 response through increased production of sanitizer, masks and medical gowns; donations to food banks, schools and first responders; and support for development of a reusable face mask

IRVING, Texas--(BUSINESS WIRE)-- Exxon Mobil Corporation (NYSE:... More