You'd never think that anything about oil industry giant ExxonMobil (NYSE: XOM) would be overlooked. As an oil major, and a Dow Jones Industrial Average and S&P 500 component, the company has its finances and reports scrutinized by armies of analysts from around the world. No fewer than 18 analysts sat in on the company's most recent Q2 2017 earnings call.A lot of the earnings coverage was focused on the fact that the company missed those analysts' earnings expectations, unlike fellow oil major BP (NYSE: BP), which beat its earnings projections. In fact, coverage was so focused on Exxon's earnings miss that it virtually ignored a potentially game-changing situation that was revealed on the call.ExxonMobil has many offshore operations, but none may turn out to be as profitable as its new Guyana fields.
The Hidden Gold Mine In Exxonmobil's Q2 2017 Earnings
newsfeedback@fool.com (John Bromels), The Motley Fool
Wed, 08/23/2017 - 6:05pm
Welcome to Wopular
Wopular is an
online newspaper rack,
giving you a summary view of the top headlines from the top news sites.
Senh Duong (Founder)
Wopular,
MWB,
RottenTomatoes
MoviesWithButter : Our Sister Site
- "Expendables 4" Starts Shooting This Fall, Says Randy Couture at the Arnold Sports Festival more
- “Expendables 4” Gets Funding Interest from “Ip Man 3” Financier more
- "Ip Man 3" Distributor Suspected of Box Office Fraud, Parent Company Loses $200M in Market Cap more
- Yen Targets "Ip Man 4" for 2018 Release; Discusses Film with Director, Producer more
- "Ip Man 3" Shatters Expectations with $72M Opening [China Box Office] more