, Columnist
Exxon's Worrying Lack of Worry
Tillerson is leaving his successor a weaker company.
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Three out of four ain't bad. But in dealing with the downturn, Big Oil is still drawing heavily on its reserves of oil and gas, credit -- and reputation.
The "three" are Exxon Mobil, BP and Total, which all beat earnings forecasts this week. The odd one out, by a long way, was Chevron.