冯娟 摘译自 CNBC
Exxon Mobil reports a $20 billion loss, fourth straight quarter in the red
Exxon Mobil said Tuesday that it lost $20.1 billion during the most recent quarter, its fourth straight quarter of losses as the energy giant continues to grapple with the pandemic’s impact Exxon said it earned 3 cents per share excluding items during the fourth quarter, which was ahead of the 1 cent profit analysts surveyed by Refinitiv expected. Revenue, however, came up short of expectations at $46.54 billion. The Street consensus was for $48.76 billion.
In the same period a year earlier the company earned 41 cents per share Shares of Exxon advanced about 2% during premarket trading “The past year presented the most challenging market conditions ExxonMobil has ever experienced,” Darren Woods, Exxon chairman and chief executive officer, said in a statement. Woods said the company’s aggressive cost-cutting measures are expected to deliver structural expense savings of $6 billion per year by 2023.
“We’ve built a flexible capital program that is robust to a range of market scenarios and focused On Monday Exxon announced plans to invest $3 billion in carbon capture and other emissions-cutting technology. The move is too little too late, according to some, who say Exxon should have prioritized investing for the future. Peers including BP have also set net-zero targets.
Oil has steadily climbed higher over the last year following the unprecedented demand loss from the coronavirus pandemic. U.S. West Texas Intermediate crude futures advanced more than 2% Shares of Exxon are up 9% this year, and down 27% over the last 12 months.
Rival Chevron The CEOs of the two largest oil companies in the U.S. reportedly held merger talks as Covid-19 roiled their operations, according to several reports. Exxon declined to comment, while a Chevron spokesperson said the company does not comment Shares of Chevron are up 2% this year, and down 19% over the last year.