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2/10, 8:18 PM (Source: TeleTrader)
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Exxon slumps to 10-year low as oil goes down

Exxon Mobil Corp's equities lost nearly 3% on Monday to slide to the lowest level since September 2010 following oil prices fall to a 13-month low.

On January 31, the Texas-based oil and gas firm posted its results for the fourth quarter of fiscal 2019, falling short of the expectations as its earnings per share landed at $1.33.

The company's stocks slipped 2.87% at 2:01 pm ET, going for $59.72 per share to mark the first drop under $60 per share valuation in ten years.

Breaking the News / GA