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ExxonMobil Takes Big Hit in 2016 from Weak Prices, Heavy Impairment Charges

ExxonMobil Takes Big Hit in 2016 from Weak Prices, Heavy Impairment Charges

SUGAR LAND--February 1, 2017--Researched by Industrial Info Resources (Sugar Land, Texas)--Lower commodity prices, weaker refining margins and a single impairment charge caused Exxon Mobil Corporation's (NYSE:XOM) (Irving, Texas) full-year 2016 revenues and net income to come in significantly below 2015 levels. Industrial Info is tracking $104.6 billion in active projects related to ExxonMobil.

Within this article: Details on some of ExxonMobil's highest-valued projects in North America.

Other companies featured: ZeoGas LLC

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