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Exxon Mobil Quarterly Profit Soars

Posted by July 28, 2017

Exxon Mobil Corp, the world's largest publicly traded oil producer, said on Friday its quarterly profit nearly doubled on surging margins at its operations outside the United States.
 
The company posted net income of $3.35 billion, or 78 cents per share, compared to $1.7 billion, or 41 cents per share, a year earlier.
 

Production fell about 1 percent to 3.9 million barrels of oil equivalent per day.

 

Reporting by Ernest Scheyder 

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