Source: CNN Money
NEW YORK – Exxon Mobil reported quarterly earnings of $10.3 billion on Thursday, a surge of 41% from a year earlier.
Why? Higher prices for oil and natural gas.
Profit at the world’s leading oil company soared compared to the same period a year ago, when it was $7.4 billion. Per-share income climbed to $2.13 per share from $1.44 in the prior year.
And revenue rose to $125.3 billion from $95.3 billion in the year-ago quarter, the company said.
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