Exxon Mobil's (XOM) fourth-quarter profit exceeded $10 billion, roughly flat with the year-ago period, even as revenue declined 9%.
The company said earnings were nearly $10.3 billion, or $1.76 a share, in the most recent quarter. A year earlier, Exxon Mobil earned $10.7 billion and $1.71 a share. Excluding items, earnings were $1.69 a share in the latest quarter, 18 cents ahead of estimates. Revenue of $90.03 billion for the fourth quarter dropped 9.4% year over year. Shares of Exxon Mobil were up 50 cents at $74.60 in premarket trading Thursday.>To order reprints of this article, click here: ReprintsTheStreet Premium Services For Personal Service: 877-471-2967
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 12,890.46 | 1,351.95 | 2,927.23 | 20.47 |
Oil *
118.75
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6.51 |
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1.99 |
UP
11.37 |
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0.72 |
10 Yr
2.05%
SPDR Gold
168.02
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+0.05%
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+0.15%
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+0.39%
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+3.65%
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