Exxon Beats Q1 Earnings Estimate

AI Summary

Exxon Mobil has reported earnings for Q1 that exceeded estimates, primarily driven by increased production in Guyana and the Permian Basin. However, the unadjusted profit has declined to its lowest level, raising concerns over future performance.

Exxon Mobil beat estimates for adjusted earnings on Friday, helped by higher output in Guyana and the Permian Basin, though unadjusted profit dropped to its lowest…