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SHARES FOR CHEVRON CORP AND EXXON MOBIL CORP DROP

Published On 03 Feb 2020 09:18 AM


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Highlights 

  • Shares were about 4% lower 
  • Their earnings suffered from weaker margins in natural gas, crude oil, etc. 

 

For Exxon Mobil Corp and Chevron Corp, the quarterly results were lowered down sharply. They are the two largest U.S. oil producers. It was due to weaker crude oil and gas prices. It pushed down their shares. 

 


Tags : Company Results and Outllook ,
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