Exxon Mobil CEO sets plan to boost spending; shares sink

Exxon Mobil CEO sets plan to boost spending; shares sink
06 March 2019, New York — Exxon Mobil Corp said on Wednesday it plans to open its wallet and boost spending for several years to restore flagging oil and gas production, but its shares fell as investors were disappointed that the oil company would not tighten spending and send more money back to shareholders. Exxon shares … More »

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