Exxon Sticks With Plans for Stock Buybacks, Capex, as Oil Slides
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Exxon Mobil is pushing full-throttle ahead on its growth plans, even as the oil market is teetering. Earnings per share came in at $1.76, compared with a median analyst estimate of $1.75. Oil prices have slumped below $60 per barrel, near four-year lows, because of worry that tariffs will hurt demand even as OPEC raises production.
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