Reported 2 days ago
ExxonMobil reported exceptional first-quarter earnings of $7.7 billion, leading the industry despite challenging market conditions. The company's strong cash flow allowed for significant returns to shareholders, including $9.1 billion in cash distributions and an impressive $4.8 billion in stock buybacks. With ongoing investments and a robust cost-saving strategy, Exxon is well-positioned for continued growth and enhanced shareholder value in the future.
Source: YAHOO