The deal comes less than two weeks after Exxon Mobil said it would acquire Pioneer Natural Resources for about $60 billion.
Exxon Mobil Corp. earned $9.07 billion, or $2.25 per share in the period. That compares with $19.66 billion, or $4.68 per share, a year earlier.Exxon Mobil’s third-quarter profit declined compared with last year when the oil giant put up record numbers as oil prices soared, but net income jumped 15% compared with the previous quarter. It also raised its quarterly dividend.
Revenue slipped to $90.76 billion from $112.07 billion, but still topped Wall Street's estimate of $89.29 billion.Exxon said Friday that it delivered its best ever third-quarter global refinery throughput at 4.2 million barrels per day. Wall Street was calling for earnings of $3.68 per share, but - like Exxon - Chevron does not adjust its reported results based on one-time events such as asset sales.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Exxon Profit Surges Following Megadeal for PioneerOil giant posted a 15% profit jump as oil and fuel prices climbed, but executives must now prove value of $59.5 billion deal to buy Pioneer
Weiterlesen »
Exxon Profits Surge Following Megadeal for PioneerOil giant posted a 15% profit jump as oil and fuel prices climbed, but executives must now prove value of $59.5 billion deal to buy Pioneer
Weiterlesen »
Exxon Mobil’s stock slips after profit, revenue miss expectations as production declinesTomi Kilgore is MarketWatch's deputy investing and corporate news editor and is based in New York. You can follow him on Twitter TomiKilgore.
Weiterlesen »
Stock Market Today: What to WatchExxon Mobil and Chevron earnings are in the spotlight
Weiterlesen »
Exxon Mobil Q3 results mixed compared with last year's big numbers, but refineries are strongExxon Mobil’s third-quarter profit and revenue declined compared with the same time last year when the company put up enormous numbers, but the oil giant had its strongest ever refinery throughput for the period and raised its quarterly dividend.
Weiterlesen »
Exxon Mobil Q3 results mixed compared with last year's big numbers, but refineries are strongExxon Mobil’s third-quarter profit and revenue declined compared with the same time last year when the company put up enormous numbers, but the oil giant had its strongest ever refinery throughput for the period and raised its quarterly dividend
Weiterlesen »