ExxonMobil (XOM) Tops Q1 EPS by 6c, Revenues Beat

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ExxonMobil Earns $2.7 Billion in First Quarter 2021

April 30, 2021 7:29 AM EDT

First Quarter 2021 Results and Management Perspectives

Cash flow from operating activities of $9.3 billion fully funded dividend and capital expenditures, and drove debt reduction of over $4 billion Lowered cash operating expenses versus the first and fourth quarters of 2020; on pace to deliver additional structural cost savings Advanced several initiatives to reduce emissions and launched Low Carbon Solutions business to commercialize extensive low-carbon technology portfolio Added three new directors to strengthen board experience in energy, capital allocation and complex business transitions

IRVING, Texas--(BUSINESS WIRE)--... More