Sat, Feb 03, 2018
Exxon Mobil Corp , the world`s largest publicly-traded oil producer, posted a lower-than-expected quarterly profit on Friday due to falling production and weakness in its chemical and refining operations, sending shares down 2.8 percent in premarket trading.
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Mon, Nov 27, 2017
The reorganization aims to squeeze more profits from the fuel and chemicals businesses as the company works to improve its exploration and production operations, which have struggled since 2014 to adjust to lower oil and gas prices.
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