Popular News From Popular Sites: Exxon Mobil profit easily beats Wall Street's expectations

Thursday, May 1, 2014

Exxon Mobil profit easily beats Wall Street's expectations

A view of the Exxon Mobil refinery in Baytown, Texas (Reuters) - Exxon Mobil Corp , the world's largest publicly traded oil company, posted a quarterly profit on Thursday that easily beat Wall Street's expectations as higher natural gas prices offset a dip in oil production. The company reported first-quarter net income of $9.10 billion (5.39 billion pounds), or $2.10 per share, compared with $9.50 billion, or $2.12 per share, in the year-ago quarter. Exxon Mobil's results surpassed analysts' expectation for profit of $1.88 per share, according to Thomson Reuters I/B/E/S. ...




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