Morning News Leader: Exxon Mobil (XOM) stock jumps on wide Q4 earnings beat
Exxon Mobil Corporation (XOM) is up 2.9% Friday morning following a better than expected quarterly report. The company posted fourth quarter earnings of $1.41 per share easily beating Wall Street’s consensus estimate of $1.08. However, revenues did fall short of the $72.4 billion expectation at $71.89 billion.
Exxon Mobil Corporation (XOM) is an oil and gas company.
Honeywell International Inc. (HON) and Deckers Outdoor Corporation (DECK) top the list of other companies with positive news today, while Sony Corporation (SNE) and Amazon.com, Inc. (AMZN) top the list of companies with negative news.
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About Exxon Mobil Corporation
ExxonMobil is an integrated oil and gas company that explores for, produces, and refines oil around the world. In 2018, it produced 2.3 million barrels of liquids and 9.4 billion cubic feet of natural gas per day. At the end of 2018, reserves were 24.3 billion barrels of oil equivalent (including 4.2 billion for equity companies), 65% of which are liquids. The company is the world's largest refiner with a total global refining capacity of 4.7 million barrels of oil per day and one of the world's largest manufacturers of commodity and specialty chemicals. It operates its business divisions in North and South America, Europe, the Middle East, North and sub-Saharan Africa, and the Asia-Pacific.