Exxon Mobil Q1: Steady Production, Focus On Cost Cuts And Stock Buyback

Exxon Mobil Corporation (NYSE:XOM) shares are trading higher after the company reported first-quarter results. Total revenues and other income stood at $83.1 billion, missing the consensus of $86.1 billion. ExxonMobil's total output held steady at 4.55 million barrels of oil equivalent per day in…