Thread regarding Mansfield Oil layoffs

Exxon Mobil signals bigger-than-expected loss in third quarter

Heading for another backtrack on guidance (growth plans, dividend, etc). Buckle up EM you haven’t even seen the beginning of the pain.

"Given the challenging conditions, we expect a free-cash-flow shortfall during the quarter, calling into question how long the company can continue to use debt to fund its dividend," said Jennifer Rowland, a senior analyst at Edward Jones Equity Research.

https://www.google.com/amp/s/mobile.reuters.com/article/amp/idUSKBN26M5X1

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