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Exxon Mobil reports $20 billion loss for Q4 2020 citing pandemic - Business Insider

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Oil giant Exxon Mobil reported a $20 billion loss to close out its 'most challenging' year ever

its first annual loss as a public company as the COVID-19 pandemic hammered energy prices and it reduced the value of its shale gas properties by more than $20 billion in the fourth quarter.

The company reported a net annual loss of $22.44 billion for 2020, compared with a full-year profit of $14.34 billion in 2019.

 

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They should learn to code

Good

HandmaidAlberta I guess they're lining up with their hands out for government bail-out.

HandmaidAlberta Oops! Everybody walk the dinosaur!

They still get subsidies

the sixth mass extinction event is happening.

JohnKerry should be happy.

Regret is a waste of energy. Don't stay home and not get paid, buy Bitcoin and register with a license trading company to earn guaranteed Passive income (13% interest on all your investment) lisaMakT

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Exxon Mobil signals better first-quarter earnings as oil prices climbExxon Mobil Corp expects rising first-quarter results across its three major businesses, with an at least $2 billion improvement from prices for oil and gas driving profits, the company signaled in a securities filing on Wednesday. - Google, show me a picture of the Devil's Anus.
Source: Reuters - 🏆 2. / 97 Read more »