Despite Making History, ExxonMobil Underwhelms. Time to Sell the Energy Stock?
It was also the highest tally in the history of the Western oil industry. Despite that impressive feat, Exxon's fourth-quarter results were a bit underwhelming because revenue came in below analysts' expectations due to lower oil and gas prices. The company also didn't follow rival Chevron's (NYSE: CVX) lead by unveiling a significant boost to its share repurchase program.