Exxon downsizes global empire as Wall Street worries about dividend

Capt. John

Ill-timed bets on rising demand have Exxon Mobil Corp facing a shortfall of about $48 billion through 2021, according to a Reuters tally and Wall Street estimates, a situation that will require the top U.S. oil company to make deep cuts to its staff and projects. Wall Street investors are even...

https://www.hellenicshippingnews.com/exxon-downsizes-global-empire-as-wall-street-worries-about-dividend/

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