Rochester, NY 7/30/2009 11:41:37 AM
After Hours - Exxon Mobil Corp. XOM, Exxon to Release Q2 Reports, Chevron Next Up
Exxon Mobil Corp.
Second – quarter declines on net profit aren’t over yet for the oil sector as Exxon Mobil report updates on it second-quarter on Thursday and Chevron will also release its second-quarter report the day after.
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By now the market is well-versed in the difficult year-over-year comparisons plaguing oil companies so far. During 2008's second quarter crude oil traded at $125 a barrel, about twice this year's prices.
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