Surging oil prices helped ExxonMobil ( XOM) post another hugely profitable quarter Thursday, with revenue rising 24% to an eye-popping $70.69 billion.

The Irving, Texas, exploration and refining titan earned $5.79 billion, or 88 cents a share, in the three months ended June 30, up 39% from earnings of $4.17 billion, or 62 cents a share, last year. Earnings in the 2004 quarter matched the consensus analyst estimate.

Earnings in Exxon's exploration and production segment shot up 36% to $3.85 billion despite a small decrease on the division's expense side.

If you liked this article you might like

Spain to Play Netherlands for World Cup

Spain to Play Netherlands for World Cup

Wal-Mart: Analysts' Upgrades, Downgrades

Wal-Mart: Analysts' Upgrades, Downgrades

Netherlands Advances to World Cup Final

Netherlands Advances to World Cup Final

Apple: Analysts' Upgrades, Downgrades

Apple: Analysts' Upgrades, Downgrades

World Markets Mostly Lower Monday

World Markets Mostly Lower Monday