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Exxon's 1Q income off 40%, stock slides

Authors :
Evans, Beth
Source :
Platt's Oilgram News. April 22, 1999, Vol. 77 Issue 76, p1, 2 p.
Publication Year :
1999

Abstract

Exxon's net operating income for 1st qtr 1999 reached $1.14 billion, a decrease of 40%. As a result, share prices decreased as much as 4%. Lower oil and gas prices are blamed for the decrease in income. Revenues for the company also decreased to $26.8 billion, a decrease of 10%.

Details

ISSN :
01631284
Volume :
77
Issue :
76
Database :
Gale General OneFile
Journal :
Platt's Oilgram News
Publication Type :
News
Accession number :
edsgcl.54725962