Exxon Mobil To Put In A Bottom Soon


Exxon Mobil (NYSE:XOM) recovered well after selling off initially after its poor Q2 earnings numbers. Poor refining spreads along with lower production resulted in only $1.7 billion in earnings for the quarter. However I see crude oil putting in a bottom here pretty soon. When it does, I expect Exxon to follow suit as stronger cash flow and production levels should transpire in the next few quarters

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