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