Exxon Mobil To Put In A Bottom Soon

1q

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

About Individual Trader

Helping You Navigate The Markets For Profit
This entry was posted in Recommendations and tagged . Bookmark the permalink.

2 Responses to Exxon Mobil To Put In A Bottom Soon

  1. harerama says:

    where r u?
    on vacation ?
    no new post latterly

    Like

  2. Individual Trader says:

    Back in the game!, Yea I was away for a week or so..

    Like

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s