Sections

Weather Forecast

Close
Advertisement

Exxon's quarterly profit down 18 percent

Email

(Reuters) - Exxon Mobil Corp, the world's largest publicly traded oil company, on Thursday reported an 18 percent decrease in quarterly profit on weakness in its refining business.

Profit in the third quarter was $7.87 billion, or $1.79 per share, compared with $9.57 billion, or $2.09 per share, in the same period a year earlier.

"Weaker margins, mainly in refining, decreased earnings by $2.4 billion," Exxon said in a statement.

Are you a newspaper subscriber but you don't have a Digital Access account yet? https://secure.forumcomm.com/?publisher_ID=40&event=subscriber/lookup.

You will need your subscription account number and phone number. Not sure if you have an account? Email us at subscriberservices@forumcomm.com and we can help you.

Advertisement
Advertisement
Advertisement
randomness