Exxon Mobil Corp (NYSE: XOM) reported record-breaking net profit on Friday at $19.66 billion, or $4.68 per share, assuming dilution—smashing analyst estimates for the quarter. The U.S. oil major saw a boost in earnings from natural gas, as well as higher oil prices and robust fuel sales. Exxon’s capital and exploration expenditures for the quarter were $5.
7 billion, bringing the total investments this year to $15.2 billion—well on track to meet its investment guidance for the year of between $21 billion and $24 billion. “Our…Exxon’s Q3 Net Profit Soars To New Record
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