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Exxon Mobil is expected to suffer continuous decline and have lower-than-expected profits, according to market analysis.
Exxon Mobil's stock price has fallen for two consecutive trading days this week due to the oil giant's quarterly earnings being lower than expected. Documents show that the company's EPS will be around $1.50-2.40 per share, lower than the general expectation of $2.30 per share. Exxon Mobil stated in the documents that profits may be hit by a decrease in natural gas prices and refining margins, which has resulted in poor performance in its upstream business. Analysts from RBC Capital Markets stated that a decline in refining margins "is to be expected," and added, "gasoline prices".
American Vanguard CEO Retirement and Transition Plan
American Vanguard CEO Wintemute Plans to Retire After 30 Years At Helm
American Vanguard Chief Executive Eric Wintemute told the board he plans to retire after three decades in the role.
Express News | American Vanguard Chairman And CEO Eric Wintemute To Retire As CEO
Express News | American Vanguard Corp - CEO Eric G. Wintemute, Has Presented to Board His Plan to Retire From His Position as CEO.
American Vanguard: Wintemute Will Continue to Serve as Chairman of the Board >AVD
American Vanguard: Wintemute Will Continue to Serve as Chairman of the Board >AVD