Exxon Mobil Reports Weakest Profit Since 1999

The video discusses Exxon's financial performance, highlighting a significant beat against analyst expectations with a focus on capital expenditure and quarterly results. It notes Exxon's Q1 capital expenditure of $5.13 billion, a 33% decrease, and compares it to previous quarters. The video also covers the market's positive reaction, with Exxon stock rising in pre-market trading, and discusses the impact of rising oil prices, which have increased by 25% year-to-date, contributing to a 13% rise in Exxon stock despite oil market volatility.

What was Exxon Mobil's reported earnings per share, and how did it compare to analyst expectations?

• $0.29, which met expectations

• $0.29, which was below expectations

• $0.43, which exceeded expectations

• $0.43, which was below expectations

By what percentage did Exxon Mobil's capital expenditures decrease in the first quarter?

• 25%

• 33%

• 50%

• 13%

How did the reduction in capital expenditures affect Exxon Mobil's profitability?

• It boosted profitability

• It had no effect on profitability

• It decreased profitability

• It caused a loss

What was the percentage increase in oil prices year-to-date?

• 50%

• 25%

• 13%

• 33%

By how much has Exxon Mobil's stock increased year-to-date?

• 25%

• 33%

• 13%

• 50%