Advertisement
UK markets close in 1 hour 39 minutes
  • FTSE 100

    8,032.99
    +9.12 (+0.11%)
     
  • FTSE 250

    19,683.92
    +84.53 (+0.43%)
     
  • AIM

    752.97
    +3.79 (+0.51%)
     
  • GBP/EUR

    1.1614
    +0.0025 (+0.22%)
     
  • GBP/USD

    1.2414
    +0.0063 (+0.51%)
     
  • Bitcoin GBP

    53,483.03
    +224.86 (+0.42%)
     
  • CMC Crypto 200

    1,423.45
    +8.69 (+0.61%)
     
  • S&P 500

    5,040.44
    +29.84 (+0.60%)
     
  • DOW

    38,361.91
    +121.93 (+0.32%)
     
  • CRUDE OIL

    81.61
    -0.29 (-0.35%)
     
  • GOLD FUTURES

    2,332.90
    -13.50 (-0.58%)
     
  • NIKKEI 225

    37,552.16
    +113.55 (+0.30%)
     
  • HANG SENG

    16,828.93
    +317.24 (+1.92%)
     
  • DAX

    18,053.56
    +192.76 (+1.08%)
     
  • CAC 40

    8,076.69
    +36.33 (+0.45%)
     

Despite Making History, ExxonMobil Underwhelms. Time to Sell the Energy Stock?

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.