Posted by & filed under Part 5 Managing Technology and Information, Part 6 Managing Financial Resources.

Description:  Exxon Mobil reported a 68% decline in third-quarter earnings Thursday as oil and natural gas prices tumbled from last year’s highs.

Source: CNNMoney.com

Date: 10/29/2009

Link: http://money.cnn.com/2009/10/29/news/companies/exxon_mobil/index.htm?postversion=2009102912

Questions for discussion: 

  • Summarize the current financial situation for the firm.
  • Do you think investors will punish the company stock? Explain your answer.
  • How has the stock reacted in comparison to the rest of the stock market? Explain your answer.

Leave a Reply

Your email address will not be published.