ExxonMobil Holdings Corp

XOM: XNYS (USA)
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ExxonMobil Earnings: Growing Production and Cost Reductions Help Mitigate Lower Commodity Prices

Exxon's second-quarter earnings surpassed market expectations, falling to $7.1 billion from $9.2 billion a year ago, mainly on lower oil prices and refining margins. But strong volume growth, further structural cost reduction, and contributions from new projects mitigated the impact of lower prices.

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