Exxon Mobil shares slip after net income falls sharply despite earnings beat

AI summary

Exxon Mobil Corp (NYSE:XOM, XETRA:XONA) shares slipped on Friday following first quarter results that showed a sharp year-over-year decline in net income, even as adjusted earnings and revenue came in ahead of Wall Street expectations. For the quarter ended March 31, 2026, Exxon reported U.S....