About: http://data.cimple.eu/news-article/7fc8dfe81286e8ef5d00722572996b357b67662941275f2b2200c887

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About: http://data.cimple.eu/news-article/7fc8dfe81286e8ef5d00722572996b357b67662941275f2b2200c887 Goto Sponge NotDistinct Permalink

An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

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rdf:type	schema:NewsArticle
schema:articleBody	Exxon Mobil reported a dip in fourth-quarter earnings Friday as a gain from Norway oil and gas assets blunted the impact from weak chemical and refining results. Earnings came in at $5.7 billion, down 5.2 percent from the year-ago period. Revenues fell 6.6 percent to $67.2 billion. Production of oil and natural gas was essentially flat, with the oil giant highlighting higher output from the Permian Basin in the US as a strength. The upstream business was boosted by the $3.7 billion one-time accounting of the sale of Exxon's stakes in 20 producing fields to Norwegian company Var Energi, part of the US giant's plan to downsize secondary investments as it pumps more funds into US shale fields. Exxon cited weak profit margins in its chemical and refining businesses as a drag on results in those segments. Shares declined 0.6 percent to $64.42 in pre-market trading. jmb/bgs
schema:headline	Exxon Mobil profits dip despite boost from Norway divestment
schema:mentions	Variance Texas Tech University Health Sciences Center ExxonMobil Exxon Natural gas Accounting Norway Private equity secondary market Tight oil Drag coefficient Divestment
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-01-31 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	54 (xsd:integer)

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