"The combination of changing global trade policies here and abroad, and the uncertainty of any resolution, have created a challenging market environment of increased volatility, lower prices and oversupply of protein," CEO Tom Hayes said.
Higher costs for the steel Caterpillar purchases to make equipment could show up three to six months after U.S. tariffs are imposed on imports of the metal the company says.
Exxon not only failed to live up to earnings, cash flow, debt and output expectations, but offered no new payouts to shareholders and trimmed its full-year production target.
“We need a diverse workforce that allows us to reach our full potential and we are helping balance the equation by promoting a future where female students have every opportunity to succeed in the world of STEM. “
The deal gives the London-based energy giant a position in the Permian, a swath of west Texas and New Mexico that’s the world’s fastest-growing major oil region.