Collin Eaton

author

Exxon Mobil taking downturn in stride

While the oil market collapse claims thousands of Houston jobs and devastates the city's petroleum industry, Exxon Mobil Corp. has escaped the worst of the downturn, watching from behind a fortress of cash as its rivals scrap major drilling projects and cut deep into budgets and payrolls. The company's structure and culture help it ride out price busts, which almost always follow times of plenty in the global oil market.

By Collin Eaton●

November 11, 2015 at 7:44 am

Collin Eaton

author

Exxon Mobil taking downturn in stride

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This oil platform stopped pumping 30 years ago. Alaska still won’t make the owner tear it down.

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Anchorage woman accused of vandalizing over 30 campaign signs faces felony charge

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