Exxon Mobil's hydrocarbon production in the first quarter was the lowest for this period since 1999

The largest public oil and gas company of the US, Exxon Mobil, reported that in the first quarter, hydrocarbon production in terms of oil equivalent decreased by 6% to 3 million 889 thousand barrels per day due to production failures. The extraction in the last quarter was the lowest for this period since 1999. Net income in annual terms increased by 13.4% to 4 billion 650 million dollars. Quarterly revenue was 68 billion 210 million dollars, decreased by 16.3%. Analysts had expected the figure at the level of 67 billion 200 million dollars. The production of hydrocarbons excluding one-off factors decreased by 3%. The decline in oil production was 35 thousand barrels per day, natural gas - 403 million cubic feet per day.

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