ExxonMobil's income falls almost 3.2% in 1Q24

- Company’s revenue for January–March period reaches around $83 billion, compared to $86.6 billion for same quarter of 2023

​​​​​​US-based oil firm ExxonMobil posted a 3.2% net loss during the first quarter of 2024 according to its financial results statement released on Friday.

The company earned around $8.2 billion in the first quarter this year, compared to $11.4 billion in the same quarter last year.

ExxonMobil had recorded nearly $7.6 billion in profit during the fourth quarter of last year.

The revenue for the January–March period reached around $83 billion, compared to $86.6 billion for the same quarter of 2023.

The company's fourth-quarter 2023 revenue amounted to $84.3 billion.

By Duygu Alhan

Anadolu Agency

energy@aa.com.tr​​​​​​​