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

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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