Thomson Reuters Exxon Mobil Corp on Tuesday reported a 58 percent drop in quarterly profit as low oil prices hurt results at the world's largest publicly traded oil company. The Irving, Texas-based company reported that fourth-quarter profit slid to $2.78 billion, or 67 cents per share, from $6.57 billion, or $1.56 per share, in the same period a year earlier. For the full year 2015, Exxon's profits fell 50% to $16.2 billion, and diluted earnings per share fell 49% to $3.85. Its revenues fell ne...
Thomson Reuters Exxon Mobil Corp on Tuesday reported a 58 percent drop in quarterly profit as low oil prices hurt results at the world's largest publicly traded oil company. The Irving, Texas-based company reported that fourth-quarter profit slid to $2.78 billion, or 67 cents per share, from $6.57 billion, or $1.56 per share, in the same period a year earlier. For the full year 2015, Exxon's profits fell 50% to $16.2 billion, and diluted earnings per share fell 49% to $3.85. Its revenues fell ne...
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