Exxon Mobil reported fourth-quarter earnings of $7.39bn, or $1.67 per share, surpassing Wall Street estimates of $1.56 per share. The strong performance was driven by increased oil and gas production, ...
“The first cargo of Guyana’s lifting entitlement was sold to ExxonMobil Sales and Supply LLC following a competitive bidding process,” the government of Guyana said over the weekend.
The results topped Wall Street expectations, though Exxon does not adjust its reported results based on one-time events such as asset sales. Analysts polled by Zacks Investment Research ...