Friday, July 27, 2012

Exxon Mobil quarterly profit rises 49 percent

(Reuters) - Exxon Mobil Corp, the world's largest publicly traded oil company, said on Thursday quarterly profit rose 49 percent, helped by a gain related to divestments and tax items.

The Irving, Texas, company reported a second-quarter profit of $15.9 billion, or $3.41 per share, up from $10.68 billion, or $2.18 per share, a year earlier.

Oil and gas output in the quarter declined 5.6 percent.

(Reporting By Anna Driver; editing by John Wallace)

Source: http://news.yahoo.com/exxon-mobil-quarterly-profit-rises-49-percent-121215318--finance.html

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