Exxon Mobil and ConocoPhillips first quarter profits both fell

xinhuanet.com Houston on 1 May, (reporter Zhang Yongxing) USA oil giant Exxon Mobil Corp and ConocoPhillips 1 earnings report said, compared with the same period last year, net profit of two companies, the first quarter of this year were slightly down.

is headquartered in northern cheap nhl jerseys Texas cheap customized jerseys Erwin city Exxon Mobil Corp in money newspaper said, the first 3 months cheap basketball ncaa jerseys of this year, the company's net profit was $9100000000, or $2.10 a share, more than market expectations, but lower than the same period last year of $9500000000, or $2.12 a share.

Exxon Mobil said, first quarter net profit fell mainly because the demand for oil products fell lead refining business profits decline caused by. Abu Zabi signed with the United Arab cheap jerseys Emirates for 60 years of oil production agreement in January this year to expire, which led to the company's first quarter oil production fell 2.9%. Overall, the company's first quarter of this year, oil production fell 5.6%.

in addition, headquartered in Houston, America ConocoPhillips in the first quarter of this year net profit of $2120000000, or about $1.71 per share, lower than the same period last year of $2140000000, or $1.73 cheapjerseys.us a share.