Big Oil Companies Lose Billions, Prepare for Prolonged Pandemic

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Although demand and commodity prices have shown signs of recovery, Chevron said they aren’t back to pre-Covid levels, and warned its results could continue to be depressed through the third quarter

Exxon Mobil Corp. posted its second consecutive quarterly loss for the first time this century on Friday, reporting a loss of $1.1 billion, compared with a profit of $3.

1 billion a year ago. Exxon, the largest U.S. oil company, had not reported back-to-back losses for at least 22 years, according to Dow Jones Market Data, whose figures...

 

आपकी टिप्पणी के लिए धन्यवाद। आपकी टिप्पणी समीक्षा के बाद प्रकाशित की जाएगी।

This is the time to take as many losses as possible. Throw in conservative guidance and the chances of beating estimates in the future improves.

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हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:

 /  🏆 98. in İN

इंडिया ताज़ा खबर, इंडिया मुख्य बातें

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