Thursday, 26 July 2007

Exxon profit dips 1 pct on natgas price weakness

(Reuters) - The company's production dipped 1 percent on an oil equivalent basis from last year due to field decline and lower European demand for natural gas.




Net income in the second quarter decreased to $10.26 billion, or $1.83 a share, from $10.36 billion, or $1.72 a share, last year.


Read more at Reuters.com Business News

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