Exxon's Profit Took a $1.5 Billion Hit Last Quarter. Is the Oil Stock Still Worth Buying?

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  Posted by Two Blokes Jul 9 - Filed in Stock - 7 views
  
  ExxonMobil (XOM 2.73%) recently provided investors with a sneak peek at its second-quarter financial results. The oil giant revealed that it expects its profit to decline by $1.5 billion compared to the first quarter, primarily due to weaker oil and gas prices.