ExxonMobil profits crash to lowest level since 1999

Oil crash: Winners vs. losers

The last time ExxonMobil’s profits were this low, Y2K was still a thing.

Exxon’s (XOM) first-quarter profits plunged by 63% to $ 1.8 billion due to the oil crash. That’s the lowest quarterly profit the company has reported since 1999, according to FactSet.

Company news – CNNMoney.com

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