The global contagion that negatively impacted the oil industry couldn’t have come at a worse time for ExxonMobil. After the company increased its long term debt by $12 billion over the last year, ExxonMobil may have to borrow even more money to continue paying dividends and capital expenditures (CAPEX). The reason ExxonMobil was forced to…
ExxonMobil’s Financials Continue To Hemorrhage During Q2 2020
