On Thursday, Exxon Mobil ( XOM) reported first-quarter profit of $4.55 billion, or 92 cents a share, down from $10.89 billion, or $2.02 a share, a year ago. Revenue was $64 billion, compared with the year-ago quarter's $116.9 billion.

Marathon Oil ( MRO) also reported a loss, with profit falling 61% from the year-ago quarter.

In early afternoon trading, Exxon was down $2.08, or 3%, to $66.36. Marathon was losing $1.40, or 4.6%, at $29.11.

In other news, the Labor Department reported a decreased in jobless claims, from 645,000 two weeks ago to 631,000 last week. Personal income and spending, however, were also lower in the month of March.

With this in mind, we though we'd take a look at what Jim Cramer's been saying about some of the stocks making headlines today.

To read more, visit Stockpickr.com.
Stockpickr is a wholly owned subsidiary of TheStreet.com.