Weak oil prices hit Exxon's third-quarter earnings: filing

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Mizuho Securities Reiterates Neutral Rating on ExxonMobil (XOM)

October 2, 2019 7:30 AM EDT

Mizuho Securities analyst Paul Sankey reiterated a Neutral rating and $79.00 price target on ExxonMobil (NYSE: XOM) following the company's 8-K profit guidance. Guidance implies earnings are in line with a relatively weak Q2 2019.

Mizuho models the company's debt to increase again,... More