By Dallas Business Journal

Exxon Mobil Corp. reported third quarter earnings of $10.3 billion on Thursday, up 41 percent over third quarter 2010. While oil equivalent production dropped 4 percent, company officials said the profit reflected higher crude oil and natural gas prices.

The quarterly profit amounted to $2.13 per share, a 48 percent jump from last year.

Irving-based Exxon (NYSE: XOM) reported total income and other revenues of $125.3 billion, up from $95.2 billion last year.

The company reported worldwide oil production of 2.2 million barrels a day, down from 2.4 million last year. Global natural gas production increased to about 12.197 billion cubic feet per day from about 12.192 billion cubic feet per day, year over year.

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