ExxonMobil's Chemical Earnings Could Bode Well for Future Projects

SUGAR LAND--May 2, 2016--Researched by Industrial Info Resources (Sugar Land, Texas)--As usual, most of the talk during Exxon Mobil Corporation's (ExxonMobil) (NYSE:XOM) (Irving, Texas) latest earnings conference call focused on how the energy giant endured yet another huge earnings drop due to low commodity prices and weakened refinery margins. The company's U.S. upstream operations reported a massive loss, while downstream (refinery) earnings plunged from the same period in 2015. Within this article: Describes ExxonMobil's expansion projects in Baytown and Mont Belvieu, Texas. Additional companies: Chevron Corporation (NYSE: CVX)