Exxon Mobil 1Q profit down 58 percent as lower crude, gas prices cut into earnings

HOUSTON — Exxon Mobil Corp. said Thursday first-quarter earnings fell 58 percent from a year ago, its lowest profit in more than five years, as the world’s biggest publicly traded oil company saw crude and gas prices fall precipitously.

Exxon Mobil profit falls 58 percent as lower crude, gas prices cut into earnings

HOUSTON — Exxon Mobil says its first-quarter profit fell 58 percent as the world’s biggest publicly traded oil company, like smaller rivals, encountered far lower year-over-year oil and gas prices.

Exxon Mobil 1Q profit down 58 percent as lower crude, gas prices cut into earnings

HOUSTON — Exxon Mobil says its first-quarter profit fell 58 percent as the world’s biggest publicly traded oil company, like smaller rivals, encountered far lower year-over-year oil and gas prices.