Why ExxonMobil Stock Dropped on Earnings Friday

News flash: ExxonMobil stock is still a sell.ExxonMobil (XOM -2.37%) stock slumped after reporting mixed Q1 earnings this morning. Analysts forecast the oil company would earn $2.06 per share for the quarter, and Exxon nailed that target. On the revenue front, Exxon's $83.1 billion in sales soared past Street expectations for $73.2 billion. As of 12:15 p.m. ET, shares of the energy stock are down 2.8%. But if Exxon met on earnings and beat on sales, why is the stock down?ExxonMobil Q1 earnings reportWell, n ...