Company’s Q2 earnings report reveals current and future challenges

ExxonMobil’s second quarter earnings report contained more red flags than usual (IEEFA update: Exxon’s Q2 report marks another signpost on the long road downwards). Its market capitalization is declining even as the bull market thunders on and it now appears all but certain that the company will fall out of the S&P 500’s top ten, a spot it has held for at least four decades.

Here are 11 facts the company would like investors to forget

Full briefing note: Exxon Mobil’s Q2 2019 Earnings: Eleven Facts the Company Would Like Investors to Forget

Tom Sanzillo (tsanzillo@ieefa.org) is IEEFA’s director of finance.

Kathy Hipple (khipple@ieefa.org) is an IEEFA financial analyst.

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