With a 28% year-over-year decline in first-quarter earnings, Exxon Mobil Corp (XOM.N), 

 which opened a new page on Friday, failed analysts' projections as volum

improvements were offset by poorer refining margins and lower natural gas prices.

Recent data from oil and gas corporations, such as TotalEnergies (TTEF.PA) and Chevron (CVX.N)

 show a dramatic decline in natural gas prices after an unusually mild winter in the Northern

that reduced demand and increased stocks.Exxon reported lower first-quarter profits of $8.22 billion,