ExxonMobil Corp., the largest US oil company and leading LNG producer and a partner of Qatar, said changes in natural gas prices would impact its second-quarter Upstream earnings by $1.8 billion to $2.2 billion compared with the first quarter even as the company was also overhauling trading activities and embarking on oil projects in Guyana and LNG expansion.

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ExxonMobil Corp., the leading global oil and gas company and LNG market operator, indicated that first-quarter earnings could fall by up to 25 percent from the previous quarter because of falling prices and other factors.

Published in Latest News